Schonfeld Strategic Advisors LLC trimmed its position in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 94.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,703 shares of the semiconductor company's stock after selling 63,397 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Camtek were worth $299,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the company. Huntington National Bank grew its stake in Camtek by 42.4% during the fourth quarter. Huntington National Bank now owns 413 shares of the semiconductor company's stock worth $33,000 after buying an additional 123 shares during the last quarter. Prentiss Smith & Co. Inc. grew its stake in Camtek by 10.8% during the fourth quarter. Prentiss Smith & Co. Inc. now owns 2,786 shares of the semiconductor company's stock worth $225,000 after buying an additional 272 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Camtek by 364.0% during the fourth quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company's stock worth $33,000 after buying an additional 324 shares during the last quarter. Geode Capital Management LLC grew its stake in Camtek by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 39,117 shares of the semiconductor company's stock worth $3,159,000 after buying an additional 360 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd grew its stake in Camtek by 4.0% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 9,600 shares of the semiconductor company's stock worth $775,000 after buying an additional 366 shares during the last quarter. 41.93% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
CAMT has been the topic of several research analyst reports. Needham & Company LLC decreased their price target on shares of Camtek from $110.00 to $80.00 and set a "buy" rating on the stock in a research note on Wednesday. Barclays decreased their price target on shares of Camtek from $120.00 to $85.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. B. Riley increased their price target on shares of Camtek from $85.00 to $95.00 and gave the company a "buy" rating in a research note on Wednesday. Evercore ISI decreased their price target on shares of Camtek from $100.00 to $82.00 and set an "outperform" rating on the stock in a research note on Wednesday. Finally, Bank of America decreased their price target on shares of Camtek from $105.00 to $80.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $92.44.
Check Out Our Latest Analysis on Camtek
Camtek Trading Down 0.9%
NASDAQ CAMT traded down $0.57 during trading hours on Friday, hitting $65.94. The company's stock had a trading volume of 435,842 shares, compared to its average volume of 570,532. The stock has a fifty day moving average of $63.04 and a 200 day moving average of $75.31. Camtek Ltd. has a twelve month low of $47.41 and a twelve month high of $140.50. The firm has a market capitalization of $3.01 billion, a P/E ratio of 27.25, a PEG ratio of 1.89 and a beta of 1.36. The company has a quick ratio of 4.11, a current ratio of 5.00 and a debt-to-equity ratio of 0.36.
Camtek (NASDAQ:CAMT - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.02. The company had revenue of $118.64 million during the quarter, compared to the consensus estimate of $119.00 million. Camtek had a net margin of 27.61% and a return on equity of 24.99%. The firm's revenue was up 22.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 earnings per share. Equities research analysts forecast that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.
Camtek Profile
(
Free Report)
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.
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