Key Points
- CEO William John Miller sold 25,000 shares of Veeco on Dec. 2 at an average price of $29.10 for $727,500, trimming his stake to 489,543 shares (a 4.86% reduction); this follows two prior sales of 25,000 shares on Oct. 1 ($32) and Sept. 9 ($25), totaling 75,000 shares sold recently.
- Company outlook and market view: Veeco opened around $29.12 with a $1.75B market cap and a 12‑month range of $16.92–$34.45; the company beat Q3 EPS and revenue estimates, guided Q4 EPS to $0.16–$0.32, and analysts hold a consensus "Hold" rating with a $28.57 target.
Veeco Instruments Inc. (NASDAQ:VECO - Get Free Report) CEO William John Miller sold 25,000 shares of the company's stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $29.10, for a total transaction of $727,500.00. Following the completion of the sale, the chief executive officer directly owned 489,543 shares of the company's stock, valued at $14,245,701.30. The trade was a 4.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
William John Miller also recently made the following trade(s):
- On Wednesday, October 1st, William John Miller sold 25,000 shares of Veeco Instruments stock. The stock was sold at an average price of $32.00, for a total transaction of $800,000.00.
- On Tuesday, September 9th, William John Miller sold 25,000 shares of Veeco Instruments stock. The stock was sold at an average price of $25.00, for a total transaction of $625,000.00.
Veeco Instruments Trading Up 0.2%
Veeco Instruments stock opened at $29.12 on Wednesday. Veeco Instruments Inc. has a 12-month low of $16.92 and a 12-month high of $34.45. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.10 and a quick ratio of 3.43. The stock has a market capitalization of $1.75 billion, a PE ratio of 28.55 and a beta of 1.31. The firm has a 50 day simple moving average of $29.38 and a 200-day simple moving average of $24.77.
Veeco Instruments (NASDAQ:VECO - Get Free Report) last released its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.08. The firm had revenue of $165.88 million during the quarter, compared to the consensus estimate of $160.49 million. Veeco Instruments had a return on equity of 7.38% and a net margin of 8.65%.The firm's revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 earnings per share. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. As a group, equities research analysts expect that Veeco Instruments Inc. will post 0.76 EPS for the current fiscal year.
Hedge Funds Weigh In On Veeco Instruments
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in Veeco Instruments during the 1st quarter valued at $37,000. Smartleaf Asset Management LLC raised its position in Veeco Instruments by 75.6% during the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company's stock valued at $49,000 after buying an additional 1,019 shares during the period. US Bancorp DE raised its position in Veeco Instruments by 33.6% during the first quarter. US Bancorp DE now owns 3,366 shares of the semiconductor company's stock valued at $68,000 after buying an additional 847 shares during the period. Hantz Financial Services Inc. lifted its stake in Veeco Instruments by 49,728.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company's stock worth $71,000 after acquiring an additional 3,481 shares in the last quarter. Finally, Signaturefd LLC boosted its position in Veeco Instruments by 42.2% during the 2nd quarter. Signaturefd LLC now owns 4,465 shares of the semiconductor company's stock worth $91,000 after acquiring an additional 1,326 shares during the period. 98.46% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the stock. Northland Capmk downgraded shares of Veeco Instruments from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 7th. Weiss Ratings restated a "hold (c)" rating on shares of Veeco Instruments in a research report on Wednesday, October 8th. Northland Securities downgraded Veeco Instruments from an "outperform" rating to a "market perform" rating and set a $30.00 price objective for the company. in a research report on Tuesday, October 7th. Needham & Company LLC lowered Veeco Instruments from a "buy" rating to a "hold" rating in a research note on Friday, October 3rd. Finally, Benchmark cut their target price on Veeco Instruments from $31.00 to $28.00 and set a "buy" rating on the stock in a research report on Thursday, August 7th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $28.57.
Check Out Our Latest Research Report on Veeco Instruments
About Veeco Instruments
(
Get Free Report)
Veeco Instruments Inc, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.
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