Cetera Investment Advisers Trims Stock Position in Camtek Ltd. $CAMT

Cetera Investment Advisers trimmed its stake in Camtek Ltd. (NASDAQ:CAMT) by 12.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,624 shares of the semiconductor company’s stock after selling 664 shares during the period. Cetera Investment Advisers’ holdings in Camtek were worth $271,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CAMT. Royce & Associates LP lifted its position in Camtek by 1.5% in the first quarter. Royce & Associates LP now owns 255,181 shares of the semiconductor company’s stock valued at $14,961,000 after acquiring an additional 3,788 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of Camtek by 27.6% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,448,441 shares of the semiconductor company’s stock worth $84,922,000 after purchasing an additional 312,988 shares in the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new stake in shares of Camtek in the 1st quarter valued at about $1,817,000. New York State Common Retirement Fund lifted its holdings in shares of Camtek by 218.5% in the 1st quarter. New York State Common Retirement Fund now owns 89,141 shares of the semiconductor company’s stock valued at $5,226,000 after purchasing an additional 61,153 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Camtek by 4.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 11,609 shares of the semiconductor company’s stock valued at $681,000 after purchasing an additional 457 shares during the period. 41.93% of the stock is currently owned by institutional investors and hedge funds.

Camtek Trading Down 1.1%

Shares of Camtek stock opened at $82.42 on Thursday. Camtek Ltd. has a 52-week low of $47.41 and a 52-week high of $110.73. The company has a quick ratio of 4.38, a current ratio of 5.41 and a debt-to-equity ratio of 0.32. The company’s 50-day simple moving average is $86.63 and its 200-day simple moving average is $75.00. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 30.19, a price-to-earnings-growth ratio of 2.16 and a beta of 1.31.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.79 EPS for the quarter, meeting analysts’ consensus estimates of $0.79. Camtek had a net margin of 28.36% and a return on equity of 23.95%. The firm had revenue of $123.32 million during the quarter, compared to the consensus estimate of $121.57 million. During the same quarter last year, the firm earned $0.66 earnings per share. The firm’s revenue was up 20.2% compared to the same quarter last year. Camtek has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Camtek Ltd. will post 2.93 earnings per share for the current year.

Analysts Set New Price Targets

CAMT has been the topic of several research analyst reports. Evercore ISI lifted their price target on Camtek from $82.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. B. Riley raised their target price on shares of Camtek from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, May 14th. Needham & Company LLC upped their price target on shares of Camtek from $80.00 to $98.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded shares of Camtek from a “sell” rating to a “hold” rating in a research note on Wednesday, May 21st. Finally, Jefferies Financial Group set a $105.00 price objective on shares of Camtek and gave the company a “buy” rating in a research note on Tuesday, August 5th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $96.10.

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.