Veeco Instruments (NASDAQ:VECO) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Veeco Instruments Inc. (NASDAQ:VECO) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $27.76 and traded as high as $32.62. Veeco Instruments shares last traded at $31.58, with a volume of 531,018 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Northland Securities cut Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 target price for the company. in a research note on Tuesday, October 7th. Needham & Company LLC lowered Veeco Instruments from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Veeco Instruments in a research report on Wednesday, January 21st. Finally, Citigroup raised their target price on shares of Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $28.57.

Veeco Instruments Stock Down 2.4%

The company has a market cap of $1.90 billion, a price-to-earnings ratio of 38.05 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 firm’s fifty day moving average price is $30.65 and its 200-day moving average price is $27.76.

Veeco Instruments (NASDAQ:VECO) last issued its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported $0.36 EPS for the quarter, topping 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 business had revenue of $165.88 million for the quarter, compared to the consensus estimate of $160.49 million. During the same quarter last year, the business posted $0.46 EPS. 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. Sell-side analysts predict that Veeco Instruments Inc. will post 0.76 earnings per share for the current year.

Insider Buying and Selling

In other Veeco Instruments news, CEO William John Miller sold 25,000 shares of Veeco Instruments stock in a transaction that occurred 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Veeco Instruments

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its stake in Veeco Instruments by 75.6% in the 2nd 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 period. Hantz Financial Services Inc. raised its stake in shares of Veeco Instruments by 49,728.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock valued at $71,000 after purchasing an additional 3,481 shares during the period. Signaturefd LLC lifted its holdings in shares of Veeco Instruments by 42.2% in the second quarter. Signaturefd LLC now owns 4,465 shares of the semiconductor company’s stock valued at $91,000 after purchasing an additional 1,326 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in shares of Veeco Instruments during the third quarter worth about $91,000. Finally, CWM LLC boosted its position in shares of Veeco Instruments by 329.7% during the second quarter. CWM LLC now owns 4,632 shares of the semiconductor company’s stock worth $94,000 after buying an additional 3,554 shares during the period. 98.46% of the stock is currently owned by institutional investors and hedge funds.

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.