Camtek Ltd. (NASDAQ:CAMT) Shares Sold by Royce & Associates LP

Royce & Associates LP trimmed its holdings in Camtek Ltd. (NASDAQ:CAMT) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 251,393 shares of the semiconductor company’s stock after selling 398 shares during the period. Royce & Associates LP owned about 0.55% of Camtek worth $20,305,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Camtek by 21.5% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,515,452 shares of the semiconductor company’s stock valued at $121,734,000 after purchasing an additional 268,258 shares in the last quarter. Blueshift Asset Management LLC acquired a new position in shares of Camtek in the 3rd quarter valued at approximately $624,000. Point72 Hong Kong Ltd raised its position in shares of Camtek by 193,738.7% in the 3rd quarter. Point72 Hong Kong Ltd now owns 60,090 shares of the semiconductor company’s stock valued at $4,798,000 after purchasing an additional 60,059 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Camtek by 16.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 486,606 shares of the semiconductor company’s stock valued at $38,855,000 after purchasing an additional 67,250 shares in the last quarter. Finally, Centiva Capital LP acquired a new position in shares of Camtek in the 3rd quarter valued at approximately $705,000. 41.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on CAMT shares. Stifel Nicolaus reaffirmed a “buy” rating and issued a $105.00 target price on shares of Camtek in a research report on Thursday, December 12th. Needham & Company LLC reissued a “buy” rating and set a $110.00 price target on shares of Camtek in a research report on Thursday, February 13th. Cantor Fitzgerald began coverage on Camtek in a research report on Monday, January 13th. They set a “neutral” rating and a $100.00 price target on the stock. Northland Securities upped their price target on Camtek from $102.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Finally, Barclays dropped their price target on Camtek from $140.00 to $120.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $114.11.

Camtek Price Performance

Shares of NASDAQ CAMT opened at $65.89 on Monday. Camtek Ltd. has a 1-year low of $62.44 and a 1-year high of $140.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 5.00 and a quick ratio of 4.11. The business’s fifty day moving average price is $84.79 and its two-hundred day moving average price is $81.09. The firm has a market capitalization of $2.99 billion, a PE ratio of 27.23, a P/E/G ratio of 1.89 and a beta of 1.38.

Camtek (NASDAQ:CAMT) last issued its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a return on equity of 24.99% and a net margin of 27.61%. On average, research analysts expect that Camtek Ltd. will post 2.93 EPS for the current year.

About Camtek

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.