Veeco Instruments (NASDAQ:VECO) SVP Adrian Devasahayam Sells 10,000 Shares

Posted by George Bondi on Jun 10th, 2026

Veeco Instruments Inc. (NASDAQ:VECO – Get Free Report) SVP Adrian Devasahayam sold 10,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $65.00, for a total value of $650,000.00. Following the completion of the transaction, the senior vice president directly owned 85,115 shares in the company, valued at approximately $5,532,475. This trade represents a 10.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Adrian Devasahayam also recently made the following trade(s):

On Tuesday, May 26th, Adrian Devasahayam sold 5,407 shares of Veeco Instruments stock. The shares were sold at an average price of $61.84, for a total value of $334,368.88.

Veeco Instruments Trading Down 1.8%

Shares of VECO stock traded down $1.19 on Wednesday, hitting $66.00. The stock had a trading volume of 3,442,623 shares, compared to its average volume of 1,205,164. The company has a debt-to-equity ratio of 0.26, a current ratio of 4.23 and a quick ratio of 2.86. The firm has a market capitalization of $4.03 billion, a P/E ratio of 173.69 and a beta of 1.39. Veeco Instruments Inc. has a 1 year low of $19.29 and a 1 year high of $73.03. The company’s 50 day moving average price is $51.02 and its 200-day moving average price is $38.15.

Veeco Instruments (NASDAQ:VECO – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.06). The firm had revenue of $158.34 million during the quarter, compared to analysts’ expectations of $160.07 million. Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. Veeco Instruments’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Analysts anticipate that Veeco Instruments Inc. will post 1.1 earnings per share for the current year.

Institutional Trading of Veeco Instruments

Large investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its position in shares of Veeco Instruments by 75.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 1,019 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of Veeco Instruments by 125.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company’s stock valued at $70,000 after buying an additional 1,370 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Veeco Instruments in the 4th quarter valued at approximately $77,000. Johnson Financial Group Inc. purchased a new position in Veeco Instruments in the 3rd quarter valued at approximately $91,000. Finally, Global Retirement Partners LLC increased its stake in Veeco Instruments by 16,961.9% in the 4th quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company’s stock valued at $102,000 after purchasing an additional 3,562 shares in the last quarter. 98.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VECO shares. Zacks Research upgraded Veeco Instruments from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Needham & Company LLC reiterated a “hold” rating on shares of Veeco Instruments in a report on Thursday, February 26th. Barclays increased their price objective on Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Wall Street Zen upgraded Veeco Instruments to a “hold” rating in a report on Saturday. Finally, Citigroup increased their price objective on Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $40.60.

Read Our Latest Analysis on VECO

About Veeco Instruments

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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.