Orit Geva-Dvash Sells 508 Shares of Camtek (NASDAQ:CAMT) Stock

Camtek Ltd. (NASDAQ:CAMTGet Free Report) VP Orit Geva-Dvash sold 508 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $175.00, for a total value of $88,900.00. Following the transaction, the vice president directly owned 5,205 shares in the company, valued at approximately $910,875. This represents a 8.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Orit Geva-Dvash also recently made the following trade(s):

  • On Wednesday, August 12th, Orit Geva-Dvash sold 415 shares of Camtek stock. The stock was sold at an average price of $174.06, for a total value of $72,234.90.

Camtek Price Performance

Shares of NASDAQ CAMT opened at $171.80 on Tuesday. The company has a current ratio of 7.38, a quick ratio of 6.58 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $8.02 billion, a price-to-earnings ratio of 268.44, a price-to-earnings-growth ratio of 3.68 and a beta of 1.58. Camtek Ltd. has a twelve month low of $75.75 and a twelve month high of $215.99. The business has a 50 day simple moving average of $158.18 and a 200-day simple moving average of $164.05.

Camtek (NASDAQ:CAMTGet Free Report) last announced its quarterly earnings data on Monday, August 10th. The semiconductor company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.02. The firm had revenue of $133.24 million for the quarter, compared to analysts’ expectations of $130.44 million. Camtek had a return on equity of 21.58% and a net margin of 7.40%.The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period last year, the business posted $0.79 earnings per share. As a group, equities research analysts expect that Camtek Ltd. will post 3.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on CAMT shares. Jefferies Financial Group lifted their price target on shares of Camtek from $185.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Oppenheimer raised their target price on shares of Camtek from $180.00 to $195.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Evercore reissued an “outperform” rating and issued a $200.00 target price on shares of Camtek in a report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Camtek in a research note on Tuesday, August 11th. Finally, Morgan Stanley lowered their target price on Camtek from $167.00 to $165.00 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Camtek has a consensus rating of “Moderate Buy” and a consensus target price of $173.25.

Read Our Latest Analysis on Camtek

Institutional Trading of Camtek

Hedge funds have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. increased its holdings in shares of Camtek by 202.0% during the fourth quarter. Daiwa Securities Group Inc. now owns 299 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 200 shares during the period. Advisory Services Network LLC bought a new position in shares of Camtek in the third quarter valued at approximately $32,000. Fifth Third Bancorp bought a new stake in Camtek during the first quarter worth approximately $42,000. EverSource Wealth Advisors LLC boosted its stake in Camtek by 46.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 298 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 95 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of Camtek by 61.6% in the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company’s stock worth $45,000 after buying an additional 293 shares in the last quarter. Institutional investors own 41.93% of the company’s stock.

Trending Headlines about Camtek

Here are the key news stories impacting Camtek this week:

  • Positive Sentiment: Camtek reported quarterly revenue of $133.24 million, up 8% year over year and above the $130.44 million consensus estimate. Earnings per share of $0.78 also exceeded expectations by $0.02, indicating continued demand for the company’s semiconductor inspection and metrology systems.
  • Positive Sentiment: Analyst sentiment remains constructive. The consensus rating is “Moderate Buy,” with seven Buy ratings and seven Holds, while the average price target is $173.25. Evercore, Jefferies and Oppenheimer have maintained positive ratings and price targets ranging from $195 to $200.
  • Positive Sentiment: Institutional ownership trends were supportive, with Goldman Sachs, Invesco, Cetera Investment Advisers and Advisors Asset Management increasing their CAMT positions in recent quarters. Hedge funds and other institutional investors own approximately 41.93% of the company.
  • Neutral Sentiment: CEO Rafi Amit sold 6,250 shares for approximately $1.07 million, reducing his holdings by 10.15% but leaving him with 55,350 shares. The sale may reflect personal liquidity or diversification rather than a change in business outlook. CEO Form 4 filing
  • Neutral Sentiment: COO Ram Langer sold 6,387 shares worth about $1.10 million, reducing his position by 26.7% while retaining 17,532 shares. COO Form 4 filing
  • Negative Sentiment: Director Karni Yarl Andorn sold 5,532 shares across transactions on August 13 and 14 for approximately $928,000. The sales reduced her holdings by more than 60%, leaving 1,343 shares. Multiple insider sales in a short period could weigh on investor confidence and increase volatility, particularly given CAMT’s elevated valuation of more than 268 times earnings. Director Form 4 filing

About Camtek

(Get Free Report)

Camtek Ltd. (NASDAQ: CAMT) is a provider of automated inspection and metrology solutions for the semiconductor and printed circuit board (PCB) industries. The company develops, manufactures and markets a suite of inline and stand-alone systems that perform high‐resolution 2D and 3D measurements, defect review and process control. Its products are used by integrated device manufacturers, foundries, OSAT (outsourced semiconductor assembly and test) providers, and PCB fabricators to optimize yield, improve product quality and reduce production costs.

Camtek’s core offerings include wafer inspection systems that detect and classify defects on patterned wafers, patterned wafer metrology tools for overlay and critical dimension measurements, and advanced packaging inspection platforms for 3D ICs and fan-out wafer-level packaging.

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