Camtek Ltd. (NASDAQ:CAMT) Shares Purchased by Oberweis Asset Management Inc.

Oberweis Asset Management Inc. raised its position in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 12.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 199,980 shares of the semiconductor company's stock after buying an additional 21,800 shares during the quarter. Oberweis Asset Management Inc. owned approximately 0.44% of Camtek worth $16,152,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of CAMT. Stifel Financial Corp boosted its stake in Camtek by 77.3% during the 3rd quarter. Stifel Financial Corp now owns 3,151 shares of the semiconductor company's stock worth $252,000 after purchasing an additional 1,374 shares during the period. Virtu Financial LLC boosted its stake in shares of Camtek by 104.7% during the third quarter. Virtu Financial LLC now owns 8,302 shares of the semiconductor company's stock worth $663,000 after buying an additional 4,247 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Camtek during the third quarter worth about $53,000. Tidal Investments LLC grew its holdings in shares of Camtek by 4.6% during the third quarter. Tidal Investments LLC now owns 20,914 shares of the semiconductor company's stock worth $1,670,000 after buying an additional 914 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in Camtek by 9.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 963,874 shares of the semiconductor company's stock valued at $77,852,000 after acquiring an additional 81,709 shares during the last quarter. 41.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Needham & Company LLC reiterated a "buy" rating and issued a $110.00 target price on shares of Camtek in a research note on Thursday, February 13th. Barclays lowered their price objective on shares of Camtek from $120.00 to $85.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Bank of America reduced their target price on shares of Camtek from $105.00 to $80.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Northland Securities boosted their price target on shares of Camtek from $102.00 to $120.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 7th. Finally, StockNews.com upgraded shares of Camtek from a "sell" rating to a "hold" rating in a research report on Wednesday, April 23rd. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Camtek presently has a consensus rating of "Moderate Buy" and a consensus price target of $103.13.

Camtek Trading Down 1.2 %

CAMT traded down $0.79 during trading on Tuesday, hitting $65.59. 86,357 shares of the company's stock were exchanged, compared to its average volume of 571,391. Camtek Ltd. has a 1 year low of $47.41 and a 1 year high of $140.50. The stock has a 50 day moving average price of $64.42 and a 200 day moving average price of $76.66. The firm has a market cap of $2.99 billion, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 1.89 and a beta of 1.42. The company has a current ratio of 5.00, a quick ratio of 4.11 and a debt-to-equity ratio of 0.36.

Camtek (NASDAQ:CAMT - Get Free Report) last released its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. As a group, analysts expect that Camtek Ltd. will post 2.93 EPS for the current fiscal year.

Camtek Profile

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.