Key Points
- Veeco Instruments SVP Susan Wilkerson sold 35,723 shares on May 26 at an average price of $61.69, totaling about $2.2 million. After the sale, she still held 42,974 shares, a 45.39% reduction in her ownership stake.
- Veeco’s recent earnings missed expectations, with quarterly EPS of $0.14 versus the $0.20 consensus and revenue of $158.34 million slightly below estimates. The company also issued Q2 2026 and FY 2026 guidance that points to continued earnings growth.
- Analyst sentiment is mixed, with recent target-price increases from Citigroup and Barclays but a downgrade from Weiss Ratings. MarketBeat data shows an average rating of “Hold” and an average price target of $40.60.
Veeco Instruments Inc. (NASDAQ:VECO - Get Free Report) SVP Adrian Devasahayam sold 5,407 shares of the firm's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $61.84, for a total value of $334,368.88. Following the completion of the sale, the senior vice president directly owned 95,115 shares in the company, valued at approximately $5,881,911.60. The trade was a 5.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Veeco Instruments Stock Performance
NASDAQ:VECO opened at $60.24 on Thursday. The business's 50-day moving average price is $46.07 and its two-hundred day moving average price is $36.17. Veeco Instruments Inc. has a twelve month low of $19.04 and a twelve month high of $65.43. The stock has a market cap of $3.68 billion, a P/E ratio of 158.53 and a beta of 1.36. The company has a quick ratio of 2.86, a current ratio of 4.23 and a debt-to-equity ratio of 0.26.
Veeco Instruments (NASDAQ:VECO - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.06). Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. The business had revenue of $158.34 million during the quarter, compared to analysts' expectations of $160.07 million. During the same period in the previous year, the business earned $0.37 EPS. The business's revenue was down 5.4% on a year-over-year basis. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS and its FY 2026 guidance at 1.500-1.850 EPS. As a group, equities analysts predict that Veeco Instruments Inc. will post 1.1 EPS for the current fiscal year.
Institutional Trading of Veeco Instruments
Several institutional investors have recently added to or reduced their stakes in VECO. Smartleaf Asset Management LLC boosted 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. Rockefeller Capital Management L.P. boosted its position in Veeco Instruments by 125.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company's stock valued at $70,000 after buying an additional 1,370 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Veeco Instruments during the fourth quarter valued at about $77,000. Johnson Financial Group Inc. purchased a new stake in Veeco Instruments during the third quarter valued at about $91,000. Finally, Global Retirement Partners LLC boosted its position in Veeco Instruments by 16,961.9% during the fourth quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company's stock valued at $102,000 after buying an additional 3,562 shares during the period. 98.46% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have weighed in on VECO shares. Needham & Company LLC reaffirmed a "hold" rating on shares of Veeco Instruments in a report on Thursday, February 26th. Citigroup lifted their price target on Veeco Instruments from $40.00 to $60.00 and gave the stock a "buy" rating in a research note on Wednesday, May 6th. Zacks Research raised Veeco Instruments from a "hold" rating to a "strong-buy" rating in a research note on Tuesday. Barclays lifted their price target on Veeco Instruments from $30.00 to $55.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 19th. Finally, Weiss Ratings lowered Veeco Instruments from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $40.60.
Read Our Latest Stock Report on Veeco Instruments
Veeco Instruments Company Profile
(
Get Free Report)
Veeco Instruments Inc (NASDAQ: VECO) is a leading supplier of process equipment for the semiconductor, data storage, wireless communications, power electronics and advanced packaging industries. The company designs, manufactures and services precision tools used to grow, deposit and etch thin films on substrates, enabling the fabrication of chips, light-emitting diodes (LEDs), micro-electromechanical systems (MEMS) and high-density storage devices. Veeco's platforms are deployed across fabrication facilities worldwide, where they support key processes in materials science and device manufacturing.
Veeco's product portfolio spans molecular beam epitaxy (MBE), metal organic chemical vapor deposition (MOCVD), atomic layer deposition (ALD), ion beam etch and deposition, and high-precision wet and dry etch systems.
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