Susan Wilkerson Sells 15,506 Shares of Veeco Instruments (NASDAQ:VECO) Stock

Veeco Instruments Inc. (NASDAQ:VECO) SVP Susan Wilkerson sold 15,506 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $69.56, for a total value of $1,078,597.36. Following the completion of the sale, the senior vice president owned 27,468 shares in the company, valued at approximately $1,910,674.08. This represents a 36.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Susan Wilkerson also recently made the following trade(s):

• On Tuesday, May 26th, Susan Wilkerson sold 35,723 shares of Veeco Instruments stock. The shares were sold at an average price of $61.69, for a total value of $2,203,751.87.

Veeco Instruments Stock Up 8.3%

Veeco Instruments stock opened at $77.48 on Friday. Veeco Instruments Inc. has a 1-year low of $19.29 and a 1-year high of $78.60. The company has a debt-to-equity ratio of 0.26, a current ratio of 4.23 and a quick ratio of 2.86. The stock has a market cap of $4.73 billion, a PE ratio of 203.90 and a beta of 1.39. The stock’s fifty day moving average is $53.29 and its two-hundred day moving average is $39.01.

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

Hedge Funds Weigh In On Veeco Instruments

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC grew its holdings in shares of Veeco Instruments by 75.6% during the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after buying an additional 1,019 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Veeco Instruments by 125.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company’s stock worth $70,000 after buying an additional 1,370 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Veeco Instruments during the fourth quarter worth about $77,000. Johnson Financial Group Inc. purchased a new position in shares of Veeco Instruments during the third quarter worth about $91,000. Finally, Global Retirement Partners LLC boosted its holdings in Veeco Instruments by 16,961.9% in the 4th quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company’s stock valued at $102,000 after purchasing an additional 3,562 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on VECO shares. Needham & Company LLC reiterated a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. Zacks Research upgraded Veeco Instruments from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Wall Street Zen upgraded Veeco Instruments to a “hold” rating in a research report on Saturday, June 6th. Citigroup lifted their target price on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings lowered Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $40.60.

Veeco Instruments Company 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.