Inspire Advisors LLC Makes New Investment in Veeco Instruments Inc. $VECO

Inspire Advisors LLC purchased a new stake in Veeco Instruments Inc. (NASDAQ:VECO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 120,765 shares of the semiconductor company’s stock, valued at approximately $3,675,000. Inspire Advisors LLC owned about 0.20% of Veeco Instruments at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings 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 purchasing an additional 1,019 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Veeco Instruments by 49,728.6% during the second quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 3,481 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Veeco Instruments by 42.2% in the 2nd 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 period. CWM LLC increased its position in shares of Veeco Instruments by 329.7% in the 2nd quarter. CWM LLC now owns 4,632 shares of the semiconductor company’s stock valued at $94,000 after buying an additional 3,554 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in Veeco Instruments by 152.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,160 shares of the semiconductor company’s stock worth $125,000 after buying an additional 3,719 shares during the period. 98.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VECO has been the subject of a number of research analyst reports. Citigroup boosted their target price on Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a research note 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. Northland Capmk downgraded shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. Northland Securities cut shares of Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price target for the company. in a report on Tuesday, October 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Veeco Instruments in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $28.57.

Insiders Place Their Bets

In other Veeco Instruments news, CEO William John Miller sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $32.00, for a total value of $800,000.00. Following the sale, the chief executive officer owned 464,543 shares in the company, valued at $14,865,376. This represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.40% of the stock is currently owned by company insiders.

Veeco Instruments Price Performance

NASDAQ VECO opened at $32.97 on Monday. The firm’s 50 day moving average is $30.34 and its 200-day moving average is $27.27. The company has a quick ratio of 3.62, a current ratio of 5.36 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $1.99 billion, a PE ratio of 39.72 and a beta of 1.17. Veeco Instruments Inc. has a 12-month low of $16.92 and a 12-month high of $35.77.

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

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.