Caxton Associates LLP Purchases Shares of 16,656 Veeco Instruments Inc. $VECO

Caxton Associates LLP purchased a new stake in Veeco Instruments Inc. (NASDAQ:VECO) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,656 shares of the semiconductor company’s stock, valued at approximately $564,000.

Several other large investors have also modified their holdings of the stock. Smartleaf Asset Management LLC increased its position 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 valued at $49,000 after acquiring an additional 1,019 shares during the period. Rockefeller Capital Management L.P. increased its stake in Veeco Instruments by 125.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company’s stock valued at $70,000 after purchasing an additional 1,370 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Veeco Instruments in the 4th quarter worth about $77,000. Johnson Financial Group Inc. acquired a new stake in shares of Veeco Instruments in the third quarter valued at approximately $91,000. Finally, Global Retirement Partners LLC increased its position in Veeco Instruments by 16,961.9% during the fourth quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company’s stock worth $102,000 after buying an additional 3,562 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Zacks Research lowered shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Barclays raised their target price on Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Wall Street Zen raised shares of Veeco Instruments to a “hold” rating in a report on Saturday, June 6th. Citigroup boosted their price target on Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of Veeco Instruments from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $40.60.

Insider Transactions at Veeco Instruments

In related news, CEO William John Miller sold 50,000 shares of Veeco Instruments stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $58.62, for a total transaction of $2,931,000.00. Following the completion of the transaction, the chief executive officer directly owned 369,570 shares of the company’s stock, valued at $21,664,193.40. This trade represents a 11.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Adrian Devasahayam sold 10,000 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $65.00, for a total transaction of $650,000.00. Following the sale, the senior vice president directly owned 85,115 shares in the company, valued at approximately $5,532,475. This represents a 10.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 339,055 shares of company stock valued at $20,705,270. 2.70% of the stock is owned by insiders.

Veeco Instruments Stock Performance

Shares of Veeco Instruments stock opened at $48.49 on Tuesday. The company has a quick ratio of 2.86, a current ratio of 4.23 and a debt-to-equity ratio of 0.26. Veeco Instruments Inc. has a 12 month low of $19.29 and a 12 month high of $86.63. The business has a fifty day simple moving average of $62.70 and a 200-day simple moving average of $46.33. The stock has a market cap of $2.96 billion, a PE ratio of 127.61 and a beta of 1.34.

Veeco Instruments (NASDAQ:VECO) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). The firm had revenue of $158.34 million for the quarter, compared to analyst estimates of $160.07 million. Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. Veeco Instruments’s revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.37 EPS. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS and its FY 2026 guidance at 1.500-1.850 EPS. On average, sell-side analysts anticipate that Veeco Instruments Inc. will post 1.1 EPS for the current fiscal year.

Veeco Instruments 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.