Mitsubishi UFJ Asset Management Co. Ltd. Trims Stake in Veeco Instruments Inc. $VECO

Posted by Brenda Bartman on May 13th, 2026

Mitsubishi UFJ Asset Management Co. Ltd. lessened its stake in Veeco Instruments Inc. (NASDAQ:VECO – Free Report) by 31.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,987 shares of the semiconductor company’s stock after selling 15,389 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Veeco Instruments were worth $1,038,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. American Century Companies Inc. raised its position in shares of Veeco Instruments by 920.1% in the third quarter. American Century Companies Inc. now owns 676,502 shares of the semiconductor company’s stock worth $20,586,000 after acquiring an additional 610,187 shares during the period. Segall Bryant & Hamill LLC grew its position in shares of Veeco Instruments by 152.3% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 573,764 shares of the semiconductor company’s stock valued at $17,460,000 after acquiring an additional 346,340 shares during the period. Fisher Asset Management LLC increased its stake in shares of Veeco Instruments by 32.6% in the 3rd quarter. Fisher Asset Management LLC now owns 1,324,590 shares of the semiconductor company’s stock valued at $40,307,000 after purchasing an additional 325,357 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Veeco Instruments by 9.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,215,031 shares of the semiconductor company’s stock worth $65,329,000 after purchasing an additional 284,716 shares during the period. Finally, Millennium Management LLC raised its holdings in Veeco Instruments by 148.0% in the 1st quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company’s stock worth $9,526,000 after purchasing an additional 283,099 shares during the period. Institutional investors and hedge funds own 98.46% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on VECO. Zacks Research cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings lowered Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 6th. Citigroup boosted their price target on shares of Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Needham & Company LLC restated a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Veeco Instruments has a consensus rating of “Hold” and a consensus target price of $37.00.

View Our Latest Stock Report on Veeco Instruments

Insider Buying and Selling at Veeco Instruments

In other Veeco Instruments news, Director Gordon Hunter sold 7,746 shares of Veeco Instruments stock in a transaction on Friday, May 8th. The shares were sold at an average price of $58.76, for a total transaction of $455,154.96. Following the sale, the director owned 82,208 shares of the company’s stock, valued at $4,830,542.08. The trade was a 8.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO William John Miller sold 100,000 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $59.55, for a total transaction of $5,955,000.00. Following the sale, the chief executive officer directly owned 419,570 shares of the company’s stock, valued at $24,985,393.50. The trade was a 19.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 157,746 shares of company stock valued at $7,991,155. 2.70% of the stock is owned by corporate insiders.

Veeco Instruments Trading Up 0.4%

VECO stock opened at $61.46 on Wednesday. Veeco Instruments Inc. has a 12-month low of $18.85 and a 12-month high of $65.43. The business’s 50-day moving average is $40.11 and its 200 day moving average is $33.89. The company has a current ratio of 4.23, a quick ratio of 2.86 and a debt-to-equity ratio of 0.26. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of 161.74 and a beta of 1.36.

Veeco Instruments (NASDAQ:VECO – Get Free Report) last announced 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). The firm had revenue of $158.34 million for the quarter, compared to analyst estimates of $160.07 million. Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. Veeco Instruments’s revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 EPS. 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 anticipate that Veeco Instruments Inc. will post 1.04 EPS for the current fiscal year.

Veeco Instruments Company Profile

(Free Report)

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.