Camtek Ltd. $CAMT Stock Holdings Boosted by SG Americas Securities LLC

SG Americas Securities LLC grew its position in shares of Camtek Ltd. (NASDAQ:CAMT) by 38.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 19,833 shares of the semiconductor company’s stock after purchasing an additional 5,528 shares during the quarter. SG Americas Securities LLC’s holdings in Camtek were worth $2,109,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of CAMT. Advisory Services Network LLC bought a new position in Camtek during the third quarter valued at about $32,000. Rothschild Investment LLC acquired a new stake in Camtek in the 3rd quarter valued at about $54,000. Advisors Asset Management Inc. boosted its position in shares of Camtek by 61.6% during the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 293 shares in the last quarter. Aventura Private Wealth LLC bought a new position in shares of Camtek during the 4th quarter valued at about $108,000. Finally, NewEdge Advisors LLC acquired a new position in shares of Camtek in the 3rd quarter worth approximately $205,000. Institutional investors own 41.93% of the company’s stock.

Camtek Stock Performance

Camtek stock opened at $157.73 on Friday. The company has a 50 day moving average price of $156.87 and a 200 day moving average price of $129.80. Camtek Ltd. has a 52 week low of $47.41 and a 52 week high of $180.83. The company has a debt-to-equity ratio of 0.84, a quick ratio of 7.31 and a current ratio of 8.35. The firm has a market capitalization of $7.23 billion, a price-to-earnings ratio of 167.80, a P/E/G ratio of 3.71 and a beta of 1.56.

Camtek (NASDAQ:CAMT) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.02). The firm had revenue of $128.12 million for the quarter, compared to analyst estimates of $127.10 million. Camtek had a net margin of 10.23% and a return on equity of 23.61%. Camtek’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period last year, the firm earned $0.77 earnings per share. Research analysts forecast that Camtek Ltd. will post 2.93 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Bank of America increased their target price on shares of Camtek from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Northland Securities cut Camtek from an “outperform” rating to a “market perform” rating and set a $150.00 price target on the stock. in a report on Wednesday, February 18th. Evercore reissued an “outperform” rating and set a $190.00 price objective on shares of Camtek in a research note on Wednesday, February 18th. Zacks Research upgraded Camtek from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Finally, Wall Street Zen raised Camtek from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $166.75.

About Camtek

Camtek Ltd. (NASDAQ: CAMT) is a provider of automated inspection and metrology solutions for the semiconductor and printed circuit board (PCB) industries. The company develops, manufactures and markets a suite of inline and stand-alone systems that perform high‐resolution 2D and 3D measurements, defect review and process control. Its products are used by integrated device manufacturers, foundries, OSAT (outsourced semiconductor assembly and test) providers, and PCB fabricators to optimize yield, improve product quality and reduce production costs.

Camtek’s core offerings include wafer inspection systems that detect and classify defects on patterned wafers, patterned wafer metrology tools for overlay and critical dimension measurements, and advanced packaging inspection platforms for 3D ICs and fan-out wafer-level packaging.