New Age Alpha Advisors LLC Makes New Investment in Veeco Instruments Inc. $VECO

Posted by Geri Gentry on May 27th, 2026

New Age Alpha Advisors LLC acquired a new stake in Veeco Instruments Inc. (NASDAQ:VECO – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 90,230 shares of the semiconductor company’s stock, valued at approximately $2,579,000.

A number of other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. grew its stake in shares of Veeco Instruments by 7.4% in the third quarter. PNC Financial Services Group Inc. now owns 5,111 shares of the semiconductor company’s stock valued at $156,000 after buying an additional 350 shares in the last quarter. State of Alaska Department of Revenue grew its stake in shares of Veeco Instruments by 1.1% in the fourth quarter. State of Alaska Department of Revenue now owns 32,882 shares of the semiconductor company’s stock valued at $939,000 after buying an additional 361 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in Veeco Instruments by 9.9% in the second quarter. Russell Investments Group Ltd. now owns 6,421 shares of the semiconductor company’s stock valued at $130,000 after purchasing an additional 580 shares during the period. Amalgamated Bank boosted its holdings in Veeco Instruments by 3.5% in the third quarter. Amalgamated Bank now owns 17,515 shares of the semiconductor company’s stock valued at $533,000 after purchasing an additional 589 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in Veeco Instruments by 26.8% in the third quarter. Smartleaf Asset Management LLC now owns 2,999 shares of the semiconductor company’s stock valued at $91,000 after purchasing an additional 633 shares during the period. 98.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VECO has been the subject of a number of recent research reports. Zacks Research lowered Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings lowered Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 6th. Citigroup lifted their target price on Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Needham & Company LLC reiterated a “hold” rating on shares of Veeco Instruments in a report on Thursday, February 26th. Finally, Barclays lifted their target price on Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Veeco Instruments presently has an average rating of “Hold” and a consensus price target of $40.60.

Get Our Latest Research Report on Veeco Instruments

Veeco Instruments Trading Up 4.9%

NASDAQ:VECO opened at $62.47 on Wednesday. The firm has a market cap of $3.81 billion, a PE ratio of 164.40 and a beta of 1.36. The stock has a fifty day moving average price of $45.49 and a 200 day moving average price of $35.95. Veeco Instruments Inc. has a 12-month low of $19.04 and a 12-month high of $65.43. The company has a current ratio of 4.23, a quick ratio of 2.86 and a debt-to-equity ratio of 0.26.

Veeco Instruments (NASDAQ:VECO – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). The business had revenue of $158.34 million for the quarter, compared to analysts’ expectations of $160.07 million. Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The firm’s quarterly revenue was down 5.4% on a year-over-year basis. During the same period last year, the firm earned $0.37 earnings per share. 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. Sell-side analysts anticipate that Veeco Instruments Inc. will post 1.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Veeco Instruments news, CEO William John Miller sold 100,000 shares of Veeco Instruments stock in a transaction dated 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 completion of 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. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gordon Hunter sold 29,532 shares of Veeco Instruments stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $59.41, for a total value of $1,754,496.12. Following the sale, the director directly owned 52,676 shares of the company’s stock, valued at $3,129,481.16. This trade represents a 35.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 230,979 shares of company stock valued at $12,398,739 in the last ninety days. Insiders own 2.70% of the company’s stock.

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.