Y Intercept Hong Kong Ltd Acquires Shares of 10,523 Veeco Instruments Inc. $VECO

Y Intercept Hong Kong Ltd purchased a new position in shares of Veeco Instruments Inc. (NASDAQ:VECO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,523 shares of the semiconductor company’s stock, valued at approximately $214,000.

Several other institutional investors also recently bought and sold shares of VECO. Brooklyn Investment Group acquired a new stake in shares of Veeco Instruments in the first quarter worth approximately $37,000. Signaturefd LLC lifted its holdings in Veeco Instruments by 213.9% in the 1st quarter. Signaturefd LLC now owns 3,139 shares of the semiconductor company’s stock valued at $63,000 after purchasing an additional 2,139 shares in the last quarter. US Bancorp DE boosted its stake in Veeco Instruments by 33.6% during the 1st quarter. US Bancorp DE now owns 3,366 shares of the semiconductor company’s stock worth $68,000 after purchasing an additional 847 shares during the last quarter. CWM LLC grew its holdings in shares of Veeco Instruments by 329.7% during the second quarter. CWM LLC now owns 4,632 shares of the semiconductor company’s stock worth $94,000 after buying an additional 3,554 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Veeco Instruments by 46.3% in the first quarter. Russell Investments Group Ltd. now owns 5,841 shares of the semiconductor company’s stock valued at $117,000 after buying an additional 1,849 shares during the last quarter. 98.46% of the stock is currently owned by institutional investors and hedge funds.

Veeco Instruments Price Performance

Veeco Instruments stock opened at $30.41 on Friday. The company’s 50 day simple moving average is $28.40 and its 200-day simple moving average is $23.64. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.43 and a current ratio of 5.10. Veeco Instruments Inc. has a 1 year low of $16.92 and a 1 year high of $34.45. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 29.81 and a beta of 1.31.

Veeco Instruments (NASDAQ:VECO) last posted its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.08. The firm had revenue of $165.88 million during the quarter, compared to analysts’ expectations of $160.49 million. Veeco Instruments had a net margin of 8.65% and a return on equity of 7.38%. The firm’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the company posted $0.46 EPS. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. As a group, equities research analysts expect that Veeco Instruments Inc. will post 0.76 earnings per share for the current year.

Insider Buying and Selling at Veeco Instruments

In related news, CEO William John Miller sold 25,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $32.00, for a total value of $800,000.00. Following the sale, the chief executive officer owned 514,543 shares in the company, valued at approximately $16,465,376. The trade was a 4.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Adrian Devasahayam sold 3,851 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $34.00, for a total value of $130,934.00. Following the transaction, the senior vice president owned 78,269 shares of the company’s stock, valued at $2,661,146. This trade represents a 4.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 61,911 shares of company stock worth $1,781,550 in the last quarter. Company insiders own 2.40% of the company’s stock.

Wall Street Analyst Weigh In

VECO has been the subject of several research reports. Needham & Company LLC cut shares of Veeco Instruments from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Northland Securities lowered Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price target for the company. in a research report on Tuesday, October 7th. Northland Capmk lowered Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Veeco Instruments in a research report on Wednesday, October 8th. Finally, Benchmark reduced their target price on shares of Veeco Instruments from $31.00 to $28.00 and set a “buy” rating on the stock in a research note on Thursday, August 7th. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $27.71.

About Veeco Instruments

Veeco Instruments Inc, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.