Camtek Ltd. (NASDAQ:CAMT – Get Free Report) CEO Rafi Amit sold 6,250 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $170.52, for a total value of $1,065,750.00. Following the sale, the chief executive officer directly owned 55,350 shares in the company, valued at $9,438,282. The trade was a 10.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Camtek Stock Performance
CAMT stock opened at $171.80 on Tuesday. Camtek Ltd. has a 1-year low of $75.75 and a 1-year high of $215.99. The company has a current ratio of 7.38, a quick ratio of 6.58 and a debt-to-equity ratio of 0.69. The firm has a market cap of $8.02 billion, a PE ratio of 268.44, a P/E/G ratio of 3.68 and a beta of 1.58. The business’s 50-day moving average price is $158.18 and its two-hundred day moving average price is $164.05.
Camtek (NASDAQ:CAMT – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The semiconductor company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.02. The company had revenue of $133.24 million during the quarter, compared to the consensus estimate of $130.44 million. Camtek had a return on equity of 21.58% and a net margin of 7.40%.The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.79 earnings per share. As a group, research analysts forecast that Camtek Ltd. will post 3.16 earnings per share for the current year.
Key Camtek News
- Positive Sentiment: Camtek’s recent quarterly results showed modest operational strength: revenue rose 8% year over year to $133.24 million and exceeded consensus expectations, while EPS of $0.78 also topped estimates by $0.02. This supports the company’s growth outlook, particularly in semiconductor inspection and metrology.
- Neutral Sentiment: CEO Rafi Amit sold 6,250 shares for approximately $1.07 million at an average price of $170.52. He retained 55,350 shares after the transaction, so the sale reduces but does not eliminate his exposure. CEO Form 4 filing
- Neutral Sentiment: COO Ram Langer sold 6,387 shares worth approximately $1.10 million at an average price of $172.32, leaving him with 17,532 shares. The transaction represented a 26.7% reduction in his holdings. COO Form 4 filing
- Negative Sentiment: Director Karni Yarl Andorn sold a combined 5,532 shares in two transactions for roughly $928,000. The sales reduced her holdings by more than 60%, leaving her with 1,343 shares. The concentration of selling by senior insiders can pressure the stock and raise caution among investors, even though insider sales may also reflect personal liquidity or diversification decisions. Director Form 4 filing
- Negative Sentiment: A separate report attributed an earlier 4.7% decline in CAMT to the insider-selling activity, indicating that the disclosures have already contributed to short-term volatility. Camtek Stock Price Down Following Insider Selling
Hedge Funds Weigh In On Camtek
A number of large investors have recently bought and sold shares of the company. Raiffeisen Bank International AG raised its holdings in shares of Camtek by 26.3% in the fourth quarter. Raiffeisen Bank International AG now owns 120,000 shares of the semiconductor company’s stock valued at $13,032,000 after purchasing an additional 25,000 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Camtek by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 1,086,242 shares of the semiconductor company’s stock worth $116,615,000 after purchasing an additional 7,220 shares during the last quarter. Ariose Capital Management Ltd acquired a new position in Camtek during the fourth quarter worth $3,903,000. Y.D. More Investments Ltd grew its position in Camtek by 20.8% in the first quarter. Y.D. More Investments Ltd now owns 783,365 shares of the semiconductor company’s stock valued at $114,901,000 after purchasing an additional 134,791 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. grew its position in Camtek by 12.0% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,318,396 shares of the semiconductor company’s stock valued at $140,205,000 after purchasing an additional 140,796 shares in the last quarter. Institutional investors and hedge funds own 41.93% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on CAMT. Barclays increased their target price on Camtek from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Jefferies Financial Group upped their price target on shares of Camtek from $185.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Oppenheimer increased their price objective on shares of Camtek from $180.00 to $195.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Evercore restated an “outperform” rating and set a $200.00 price objective on shares of Camtek in a report on Wednesday, May 13th. Finally, B. Riley Financial restated a “buy” rating on shares of Camtek in a report on Monday, April 20th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $173.25.
View Our Latest Stock Report on Camtek
Camtek Company Profile
Camtek Ltd. (NASDAQ: CAMT) is a provider of automated inspection and metrology solutions for the semiconductor and printed circuit board (PCB) industries. The company develops, manufactures and markets a suite of inline and stand-alone systems that perform high‐resolution 2D and 3D measurements, defect review and process control. Its products are used by integrated device manufacturers, foundries, OSAT (outsourced semiconductor assembly and test) providers, and PCB fabricators to optimize yield, improve product quality and reduce production costs.
Camtek’s core offerings include wafer inspection systems that detect and classify defects on patterned wafers, patterned wafer metrology tools for overlay and critical dimension measurements, and advanced packaging inspection platforms for 3D ICs and fan-out wafer-level packaging.
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