62,423 Shares in Veeco Instruments Inc. $VECO Purchased by Old West Investment Management LLC

Old West Investment Management LLC bought a new stake in shares of Veeco Instruments Inc. (NASDAQ:VECO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 62,423 shares of the semiconductor company’s stock, valued at approximately $4,732,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Louisiana State Employees Retirement System purchased a new position in shares of Veeco Instruments in the first quarter worth $904,000. Fisher Asset Management LLC grew its stake in Veeco Instruments by 37.4% during the fourth quarter. Fisher Asset Management LLC now owns 1,820,357 shares of the semiconductor company’s stock valued at $52,026,000 after acquiring an additional 495,767 shares in the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new position in Veeco Instruments during the fourth quarter valued at $1,572,000. New York Life Investment Management LLC bought a new stake in Veeco Instruments in the 4th quarter valued at $1,808,000. Finally, UBS Group AG increased its holdings in Veeco Instruments by 11.0% in the 4th quarter. UBS Group AG now owns 292,360 shares of the semiconductor company’s stock valued at $8,356,000 after acquiring an additional 28,967 shares during the last quarter. 98.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Veeco Instruments news, Director Gordon Hunter sold 16,974 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $68.80, for a total value of $1,167,811.20. Following the completion of the sale, the director owned 11,236 shares of the company’s stock, valued at $773,036.80. This trade represents a 60.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO William John Miller sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $58.62, for a total value of $2,931,000.00. Following the transaction, the chief executive officer 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 193,076 shares of company stock valued at $11,674,281 over the last 90 days. 2.70% of the stock is currently owned by insiders.

Veeco Instruments Stock Performance

Shares of VECO stock opened at $52.40 on Monday. Veeco Instruments Inc. has a 1 year low of $23.31 and a 1 year high of $86.63. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.93 and a quick ratio of 2.69. The stock’s 50 day simple moving average is $60.29 and its two-hundred day simple moving average is $48.07. The company has a market cap of $3.20 billion, a PE ratio of 145.56 and a beta of 1.38.

Veeco Instruments (NASDAQ:VECO) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. The firm had revenue of $193.48 million during the quarter, compared to analysts’ expectations of $180.08 million. Veeco Instruments had a return on equity of 3.52% and a net margin of 3.40%.The company’s quarterly revenue was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.20 EPS. Veeco Instruments has set its FY 2026 guidance at 1.360-1.610 EPS and its Q3 2026 guidance at 0.350-0.490 EPS. Research analysts predict that Veeco Instruments Inc. will post 0.95 earnings per share for the current year.

Analysts Set New Price Targets

VECO has been the subject of a number of research analyst reports. Barclays raised their price objective on Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Citigroup boosted their target price on Veeco Instruments from $60.00 to $63.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Wall Street Zen upgraded Veeco Instruments from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research downgraded Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Weiss Ratings raised Veeco Instruments from a “sell (d+)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $49.33.

Trending Headlines about Veeco Instruments

Here are the key news stories impacting Veeco Instruments this week:

• Positive Sentiment: Veeco’s latest quarterly results were stronger than expected, with earnings of $0.33 per share versus the $0.26 consensus estimate and revenue of $193.48 million versus expectations of $180.08 million. Revenue increased 16.5% year over year, providing evidence of continuing demand for its semiconductor process equipment. Veeco Instruments stock and earnings information
• Positive Sentiment: Some institutional investors increased or initiated positions in VECO during recent reporting periods, while Citigroup raised its price target to $63 and Wall Street Zen upgraded the stock to “buy.” However, these signals were not sufficient to offset broader analyst caution. Veeco analyst ratings and institutional ownership
• Neutral Sentiment: Veeco’s balance sheet remains relatively solid, with a quick ratio of 2.69, current ratio of 3.93 and debt-to-equity ratio of 0.25. Nevertheless, the stock’s elevated valuation—roughly 146 times earnings—leaves limited room for disappointment, particularly with the shares trading below their 50-day moving average.
• Negative Sentiment: Northland Securities lowered its EPS forecasts across the outlook: Q3 2026 to $0.32 from $0.44, FY2026 to $0.95 from $1.10, and FY2027 to $2.21 from $2.69. Estimates were also reduced for every listed 2027 quarter, including Q1 to $0.44 from $0.54, Q2 to $0.50 from $0.62, Q3 to $0.57 from $0.71 and Q4 to $0.68 from $0.82. The cuts suggest a weaker expected earnings trajectory and contrast sharply with Veeco’s company-provided FY2026 guidance of $1.36–$1.61 per share.
• Negative Sentiment: CFO John Kiernan sold 35,000 shares worth approximately $1.79 million, reducing his direct holdings by 33.72%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which makes it less informative than discretionary insider selling, but it may still weigh on sentiment. Veeco CFO stock sale

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.