Veeco Instruments Inc. $VECO Stock Position Raised by Riverwater Partners LLC

Riverwater Partners LLC boosted its stake in Veeco Instruments Inc. (NASDAQ:VECO) by 10.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,953 shares of the semiconductor company’s stock after purchasing an additional 13,653 shares during the quarter. Veeco Instruments comprises approximately 1.7% of Riverwater Partners LLC’s portfolio, making the stock its 7th biggest holding. Riverwater Partners LLC’s holdings in Veeco Instruments were worth $4,323,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VECO. Royal Bank of Canada raised its stake in Veeco Instruments by 29.6% in the first quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company’s stock valued at $2,692,000 after purchasing an additional 30,646 shares in the last quarter. AQR Capital Management LLC raised its stake in Veeco Instruments by 51.5% in the first quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company’s stock valued at $598,000 after purchasing an additional 10,122 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Veeco Instruments by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,043 shares of the semiconductor company’s stock valued at $664,000 after purchasing an additional 1,434 shares in the last quarter. Millennium Management LLC raised its stake in Veeco Instruments by 148.0% in the first quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company’s stock valued at $9,526,000 after purchasing an additional 283,099 shares in the last quarter. Finally, Woodline Partners LP purchased a new stake in Veeco Instruments in the first quarter valued at approximately $618,000. 98.46% of the stock is owned by hedge funds and other institutional investors.

Veeco Instruments Trading Up 8.5%

VECO stock opened at $71.55 on Friday. The company has a market capitalization of $4.37 billion, a PE ratio of 188.29 and a beta of 1.39. Veeco Instruments Inc. has a one year low of $19.29 and a one year high of $73.03. The company’s 50 day moving average price is $52.44 and its two-hundred day moving average price is $38.74. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.86 and a current ratio of 4.23.

Veeco Instruments (NASDAQ:VECO) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.06). The business had revenue of $158.34 million for the quarter, compared to analysts’ expectations of $160.07 million. Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The company’s revenue was down 5.4% compared to the same quarter last year. During the same period last year, the business posted $0.37 earnings per share. 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. As a group, analysts predict that Veeco Instruments Inc. will post 1.1 earnings per share for the current fiscal year.

Insider Activity

In other Veeco Instruments news, SVP Susan Wilkerson sold 35,723 shares of Veeco Instruments stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $61.69, for a total transaction of $2,203,751.87. Following the transaction, the senior vice president directly owned 42,974 shares of the company’s stock, valued at approximately $2,651,066.06. This trade represents a 45.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO William John Miller sold 100,000 shares of Veeco Instruments stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $59.55, for a total transaction of $5,955,000.00. Following the transaction, the chief executive officer directly owned 419,570 shares in the company, valued at $24,985,393.50. This trade represents a 19.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 323,549 shares of company stock valued at $19,626,673. Insiders own 2.70% of the company’s stock.

Wall Street Analyst Weigh In

VECO has been the topic of a number of recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Veeco Instruments in a research note on Thursday, February 26th. Wall Street Zen raised shares of Veeco Instruments to a “hold” rating in a research note on Saturday, June 6th. Citigroup raised their target price on shares of Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Barclays raised their target price on shares of Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Weiss Ratings downgraded shares of Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Veeco Instruments currently has an average rating of “Hold” and a consensus target price of $40.60.

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.