Zacks Investment Research downgraded shares of Camtek Ltd. (NASDAQ:CAMT) from a buy rating to a hold rating in a research report report published on Tuesday morning.

According to Zacks, “Camtek Ltd., designs, develops, manufactures, and markets automatic optical inspection systems and related products. Camtek’s automatic inspection systems are used to enhance both production processes and yield for manufacturers in the printed circuit board industry, the high density interconnect substrate industry and the semiconductor manufacturing and packaging industry. “

Other analysts have also recently issued research reports about the stock. Needham & Company LLC upped their price objective on shares of Camtek from $3.00 to $4.00 and gave the company a buy rating in a research report on Friday, July 22nd. B. Riley restated a buy rating and issued a $3.25 price objective on shares of Camtek in a research report on Tuesday, August 23rd. Finally, TheStreet upgraded shares of Camtek from a sell rating to a hold rating in a research report on Thursday, July 21st. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Camtek currently has a consensus rating of Buy and an average target price of $3.42.

Camtek (NASDAQ:CAMT) traded up 1.36% during trading on Tuesday, reaching $2.99. The company’s stock had a trading volume of 737 shares. Camtek has a 52 week low of $1.58 and a 52 week high of $3.20. The company’s 50 day moving average price is $2.81 and its 200 day moving average price is $2.37. The company’s market cap is $105.69 million.

Several institutional investors have recently bought and sold shares of the company. Menta Capital LLC increased its position in Camtek by 24.6% in the first quarter. Menta Capital LLC now owns 69,971 shares of the company’s stock worth $139,000 after buying an additional 13,828 shares in the last quarter. Algert Global LLC increased its position in Camtek by 24.2% in the third quarter. Algert Global LLC now owns 112,365 shares of the company’s stock worth $338,000 after buying an additional 21,895 shares in the last quarter. Grandeur Peak Global Advisors LLC acquired a new position in Camtek during the second quarter worth approximately $360,000. Kennedy Capital Management Inc. increased its position in Camtek by 1.0% in the first quarter. Kennedy Capital Management Inc. now owns 375,043 shares of the company’s stock worth $743,000 after buying an additional 3,761 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in Camtek by 8.3% in the first quarter. Renaissance Technologies LLC now owns 663,200 shares of the company’s stock worth $1,313,000 after buying an additional 50,600 shares in the last quarter. Institutional investors own 13.73% of the company’s stock.

About Camtek

Camtek Ltd. provides automated and technological solutions for production processes and products yield, enabling and supporting customers’ technologies in the semiconductor fabrication and printed circuit board (PCB) industries. The Company designs, develops, manufactures and markets products mainly based on two core technologies: automated optical inspection (AOI) and functional ink technology (FIT).

5 Day Chart for NASDAQ:CAMT

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