Camtek Ltd. (NASDAQ:CAMT) Shares Purchased by Ardsley Advisory Partners LP

Ardsley Advisory Partners LP raised its holdings in Camtek Ltd. (NASDAQ:CAMT) by 525.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,000 shares of the semiconductor company’s stock after buying an additional 105,000 shares during the period. Camtek comprises about 1.6% of Ardsley Advisory Partners LP’s holdings, making the stock its 15th largest position. Ardsley Advisory Partners LP owned 0.28% of Camtek worth $10,096,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC raised its position in shares of Camtek by 75.6% during the 4th quarter. HighTower Advisors LLC now owns 9,926 shares of the semiconductor company’s stock worth $802,000 after acquiring an additional 4,272 shares in the last quarter. State of New Jersey Common Pension Fund D raised its holdings in Camtek by 1.5% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 25,150 shares of the semiconductor company’s stock worth $2,031,000 after purchasing an additional 381 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Camtek by 9.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 963,874 shares of the semiconductor company’s stock worth $77,852,000 after buying an additional 81,709 shares during the last quarter. Y.D. More Investments Ltd boosted its holdings in shares of Camtek by 6.0% in the 4th quarter. Y.D. More Investments Ltd now owns 525,413 shares of the semiconductor company’s stock valued at $42,905,000 after buying an additional 29,580 shares in the last quarter. Finally, Swiss National Bank grew its position in shares of Camtek by 2.4% in the 4th quarter. Swiss National Bank now owns 59,008 shares of the semiconductor company’s stock valued at $4,813,000 after buying an additional 1,369 shares during the last quarter. 41.93% of the stock is owned by hedge funds and other institutional investors.

Camtek Trading Up 4.1 %

Shares of Camtek stock opened at $68.57 on Friday. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 28.33, a price-to-earnings-growth ratio of 1.89 and a beta of 1.36. Camtek Ltd. has a 52-week low of $47.41 and a 52-week high of $140.50. The company’s 50-day simple moving average is $63.49 and its 200-day simple moving average is $76.26. The company has a quick ratio of 4.11, a current ratio of 5.00 and a debt-to-equity ratio of 0.36.

Camtek (NASDAQ:CAMT) last released its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a return on equity of 24.99% and a net margin of 27.61%. As a group, equities research analysts anticipate that Camtek Ltd. will post 2.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CAMT. Barclays decreased their price objective on shares of Camtek from $120.00 to $85.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Cantor Fitzgerald assumed coverage on Camtek in a research report on Monday, January 13th. They set a “neutral” rating and a $100.00 price target on the stock. Bank of America decreased their price objective on Camtek from $105.00 to $80.00 and set a “buy” rating for the company in a report on Wednesday, April 16th. Needham & Company LLC reaffirmed a “buy” rating and issued a $110.00 target price on shares of Camtek in a report on Thursday, February 13th. Finally, StockNews.com upgraded shares of Camtek from a “sell” rating to a “hold” rating in a research note on Wednesday, April 23rd. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $103.13.

About Camtek

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.