Camtek Ltd. (NASDAQ:CAMT - Get Free Report) VP Orit Geva-Dvash sold 508 shares of Camtek stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $175.00, for a total transaction of $88,900.00. Following the sale, the vice president owned 5,205 shares of the company's stock, valued at approximately $910,875. The trade was a 8.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Orit Geva-Dvash also recently made the following trade(s):
- On Wednesday, August 12th, Orit Geva-Dvash sold 415 shares of Camtek stock. The stock was sold at an average price of $174.06, for a total transaction of $72,234.90.
Camtek Price Performance
Shares of NASDAQ:CAMT opened at $155.84 on Wednesday. The company's fifty day moving average price is $157.93 and its 200-day moving average price is $164.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 7.38 and a quick ratio of 6.58. The firm has a market capitalization of $7.27 billion, a price-to-earnings ratio of 243.50, a PEG ratio of 3.68 and a beta of 1.58. Camtek Ltd. has a one year low of $75.75 and a one year high of $215.99.
Camtek (NASDAQ:CAMT - Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The semiconductor company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.02. Camtek had a net margin of 7.40% and a return on equity of 21.58%. The company had revenue of $133.24 million during the quarter, compared to the consensus estimate of $130.44 million. During the same period in the previous year, the firm posted $0.79 EPS. The firm's revenue was up 8.0% compared to the same quarter last year. On average, equities research analysts anticipate that Camtek Ltd. will post 3.16 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the company. Jefferies Financial Group upped their price objective on Camtek from $185.00 to $200.00 and gave the stock a "buy" rating in a report on Wednesday, May 13th. Northland Securities set a $174.00 target price on Camtek in a research note on Wednesday, May 13th. Weiss Ratings reiterated a "hold (c)" rating on shares of Camtek in a research report on Tuesday, August 11th. Needham & Company LLC lifted their price target on shares of Camtek from $175.00 to $190.00 and gave the stock a "buy" rating in a research note on Tuesday, May 12th. Finally, Barclays boosted their price objective on shares of Camtek from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, May 13th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $173.25.
View Our Latest Research Report on CAMT
Trending Headlines about Camtek
Here are the key news stories impacting Camtek this week:
- Positive Sentiment: Camtek’s latest quarter exceeded expectations, with revenue increasing 8% year over year to $133.24 million and EPS of $0.78 surpassing the $0.76 consensus estimate. The results support continued demand for the company’s semiconductor inspection and metrology systems.
- Positive Sentiment: Analyst sentiment remains broadly constructive. Camtek has a consensus “Moderate Buy” rating and an average price target of $173.25, while several firms maintain targets between $195 and $200. However, Stifel’s newer $170 target suggests more limited upside than some earlier forecasts.
- Neutral Sentiment: CEO Rafi Amit sold 6,250 shares for approximately $1.07 million and retained 55,350 shares. COO Ram Langer sold 6,387 shares worth about $1.10 million and retained 17,532 shares. These sales reduce executive ownership but do not eliminate their remaining stakes. CEO Form 4 filing COO Form 4 filing
- Negative Sentiment: Director Karni Yarl Andorn sold 5,532 shares across two transactions for roughly $928,000, cutting her position by more than 60% and leaving her with 1,343 shares. Vice President Orit Geva-Dvash also sold 508 shares for $88,900, reducing her holdings by 8.89%. The concentration of sales by senior insiders is likely the main near-term overhang, even though such transactions can reflect personal liquidity or diversification. Director Form 4 filing Vice President Form 4 filing
- Negative Sentiment: Camtek trades at a very elevated valuation, with a price-to-earnings ratio above 240 and a PEG ratio of 3.68. That leaves the stock vulnerable to profit-taking when insider selling raises doubts, despite its earnings beat and strong balance-sheet liquidity.
Institutional Investors Weigh In On Camtek
Institutional investors have recently bought and sold shares of the stock. Raiffeisen Bank International AG raised its stake in shares of Camtek by 26.3% during the fourth quarter. Raiffeisen Bank International AG now owns 120,000 shares of the semiconductor company's stock valued at $13,032,000 after acquiring an additional 25,000 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Camtek by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 1,086,242 shares of the semiconductor company's stock worth $116,615,000 after purchasing an additional 7,220 shares during the last quarter. Ariose Capital Management Ltd purchased a new position in Camtek during the 4th quarter valued at about $3,903,000. Y.D. More Investments Ltd increased its holdings in Camtek by 20.8% during the 1st quarter. Y.D. More Investments Ltd now owns 783,365 shares of the semiconductor company's stock valued at $114,901,000 after purchasing an additional 134,791 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in Camtek by 12.0% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,318,396 shares of the semiconductor company's stock valued at $140,205,000 after purchasing an additional 140,796 shares during the last quarter. 41.93% of the stock is currently owned by hedge funds and other institutional investors.
Camtek Company Profile
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Get Free Report)
Camtek Ltd. (NASDAQ: CAMT) is a provider of automated inspection and metrology solutions for the semiconductor and printed circuit board (PCB) industries. The company develops, manufactures and markets a suite of inline and stand-alone systems that perform high‐resolution 2D and 3D measurements, defect review and process control. Its products are used by integrated device manufacturers, foundries, OSAT (outsourced semiconductor assembly and test) providers, and PCB fabricators to optimize yield, improve product quality and reduce production costs.
Camtek's core offerings include wafer inspection systems that detect and classify defects on patterned wafers, patterned wafer metrology tools for overlay and critical dimension measurements, and advanced packaging inspection platforms for 3D ICs and fan-out wafer-level packaging.
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