Veeco Instruments Inc. (NASDAQ:VECO) Given Average Rating of “Hold” by Brokerages

Veeco Instruments Inc. (NASDAQ:VECO) has received an average rating of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $28.5714.

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Veeco Instruments in a research report on Wednesday, October 8th. Northland Capmk downgraded shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a 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. Citigroup raised their price target on Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Finally, Northland Securities lowered Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price objective for the company. in a research note on Tuesday, October 7th.

Insider Buying and Selling

In other news, CEO William John Miller sold 25,000 shares of the business’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $32.00, for a total value of $800,000.00. Following the transaction, the chief executive officer owned 464,543 shares of the company’s stock, valued at approximately $14,865,376. The trade was a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Adrian Devasahayam sold 3,851 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $34.00, for a total transaction of $130,934.00. Following the transaction, the senior vice president owned 78,269 shares of the company’s stock, valued at approximately $2,661,146. This represents a 4.69% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 78,851 shares of company stock worth $2,458,434. 2.30% of the stock is owned by insiders.

Institutional Trading of Veeco Instruments

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Brooklyn Investment Group bought a new position in shares of Veeco Instruments during the 1st quarter valued at about $37,000. Smartleaf Asset Management LLC increased its holdings in shares of Veeco Instruments by 75.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 1,019 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Veeco Instruments by 49,728.6% in the second quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock worth $71,000 after buying an additional 3,481 shares in the last quarter. Signaturefd LLC boosted its stake in Veeco Instruments by 42.2% during the second quarter. Signaturefd LLC now owns 4,465 shares of the semiconductor company’s stock valued at $91,000 after buying an additional 1,326 shares during the last quarter. Finally, Johnson Financial Group Inc. purchased a new position in Veeco Instruments during the 3rd quarter valued at approximately $91,000. 98.46% of the stock is currently owned by institutional investors.

Veeco Instruments Trading Up 0.3%

Shares of Veeco Instruments stock opened at $29.37 on Tuesday. Veeco Instruments has a 1-year low of $16.92 and a 1-year high of $34.45. The company’s fifty day simple moving average is $29.56 and its 200-day simple moving average is $25.87. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.36 and a quick ratio of 3.62. The stock has a market capitalization of $1.77 billion, a PE ratio of 35.39 and a beta of 1.17.

Veeco Instruments (NASDAQ:VECO) last released its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.08. Veeco Instruments had a return on equity of 6.35% and a net margin of 7.23%.The company had revenue of $165.88 million for the quarter, compared to the consensus estimate of $160.49 million. During the same period in the previous year, the business earned $0.46 earnings per share. Veeco Instruments’s quarterly revenue was down 10.2% compared to the same quarter last year. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. As a group, equities analysts anticipate that Veeco Instruments will post 0.76 earnings per share for the current year.

About Veeco Instruments

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.