Veeco Instruments (NASDAQ:VECO) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Veeco Instruments Inc. (NASDAQ:VECO)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $26.61 and traded as high as $33.22. Veeco Instruments shares last traded at $33.07, with a volume of 860,746 shares traded.

Wall Street Analysts Forecast Growth

VECO has been the topic of a number of analyst reports. Northland Capmk cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Citigroup raised their target price on Veeco Instruments from $29.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Needham & Company LLC cut Veeco Instruments from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, October 8th. Finally, Northland Securities cut shares of Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price objective on the stock. in a report on Tuesday, October 7th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $28.57.

Veeco Instruments Trading Up 1.6%

The stock has a market capitalization of $1.99 billion, a PE ratio of 39.84 and a beta of 1.17. The company has a current ratio of 5.36, a quick ratio of 3.62 and a debt-to-equity ratio of 0.26. The company has a 50 day simple moving average of $29.78 and a 200 day simple moving average of $26.61.

Veeco Instruments (NASDAQ:VECO) last announced its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. Veeco Instruments had a net margin of 7.23% and a return on equity of 6.35%. The firm had revenue of $165.88 million during the quarter, compared to the consensus estimate of $160.49 million. During the same quarter last year, the firm earned $0.46 earnings per share. The firm’s 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. Analysts predict that Veeco Instruments Inc. will post 0.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO William John Miller sold 25,000 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $32.00, for a total value of $800,000.00. Following the sale, the chief executive officer directly owned 464,543 shares in the company, valued at $14,865,376. The trade was a 5.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of Veeco Instruments by 29.6% during the 1st quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company’s stock worth $2,692,000 after buying an additional 30,646 shares during the last quarter. AQR Capital Management LLC grew its position in Veeco Instruments by 51.5% during the first quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company’s stock valued at $598,000 after acquiring an additional 10,122 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Veeco Instruments by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,043 shares of the semiconductor company’s stock valued at $664,000 after acquiring an additional 1,434 shares during the period. Millennium Management LLC increased its stake in Veeco Instruments by 148.0% during the first quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company’s stock worth $9,526,000 after acquiring an additional 283,099 shares during the last quarter. Finally, Caxton Associates LLP purchased a new position in shares of Veeco Instruments in the 1st quarter worth about $365,000. Institutional investors and hedge funds own 98.46% of the company’s stock.

Veeco Instruments Company Profile

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.