Camtek Ltd. (NASDAQ:CAMT – Get Free Report) CEO Rafi Amit sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $170.52, for a total value of $1,065,750.00. Following the completion of the transaction, the chief executive officer directly owned 55,350 shares of the company’s stock, valued at approximately $9,438,282. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Camtek Price Performance
Shares of NASDAQ:CAMT opened at $155.84 on Wednesday. The firm has a market capitalization of $7.27 billion, a PE ratio of 243.50, a PEG ratio of 3.68 and a beta of 1.58. The company has a current ratio of 7.38, a quick ratio of 6.58 and a debt-to-equity ratio of 0.69. Camtek Ltd. has a 1-year low of $75.75 and a 1-year high of $215.99. The business’s 50 day moving average is $157.93 and its 200-day moving average is $164.09.
Camtek (NASDAQ:CAMT – Get Free Report) last issued its earnings results on Monday, August 10th. The semiconductor company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.02. The business had revenue of $133.24 million during the quarter, compared to analyst estimates of $130.44 million. Camtek had a return on equity of 21.58% and a net margin of 7.40%.Camtek’s revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.79 earnings per share. Sell-side analysts predict that Camtek Ltd. will post 3.16 earnings per share for the current year.
Hedge Funds Weigh In On Camtek
Key Stories Impacting Camtek
Here are the key news stories impacting Camtek this week:
- Positive Sentiment: Camtek’s latest quarter exceeded expectations, with revenue increasing 8% year over year to $133.24 million and EPS of $0.78 surpassing the $0.76 consensus estimate. The results support continued demand for the company’s semiconductor inspection and metrology systems.
- Positive Sentiment: Analyst sentiment remains broadly constructive. Camtek has a consensus “Moderate Buy” rating and an average price target of $173.25, while several firms maintain targets between $195 and $200. However, Stifel’s newer $170 target suggests more limited upside than some earlier forecasts.
- Neutral Sentiment: CEO Rafi Amit sold 6,250 shares for approximately $1.07 million and retained 55,350 shares. COO Ram Langer sold 6,387 shares worth about $1.10 million and retained 17,532 shares. These sales reduce executive ownership but do not eliminate their remaining stakes. CEO Form 4 filing COO Form 4 filing
- Negative Sentiment: Director Karni Yarl Andorn sold 5,532 shares across two transactions for roughly $928,000, cutting her position by more than 60% and leaving her with 1,343 shares. Vice President Orit Geva-Dvash also sold 508 shares for $88,900, reducing her holdings by 8.89%. The concentration of sales by senior insiders is likely the main near-term overhang, even though such transactions can reflect personal liquidity or diversification. Director Form 4 filing Vice President Form 4 filing
- Negative Sentiment: Camtek trades at a very elevated valuation, with a price-to-earnings ratio above 240 and a PEG ratio of 3.68. That leaves the stock vulnerable to profit-taking when insider selling raises doubts, despite its earnings beat and strong balance-sheet liquidity.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the stock. Oppenheimer lifted their target price on shares of Camtek from $180.00 to $195.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Needham & Company LLC lifted their price objective on Camtek from $175.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Barclays increased their target price on Camtek from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Stifel Nicolaus set a $170.00 price target on Camtek in a research note on Monday, August 10th. Finally, Evercore reiterated an “outperform” rating and issued a $200.00 price target on shares of Camtek in a research report on Wednesday, May 13th. Seven equities research 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $173.25.
Check Out Our Latest Stock Report on Camtek
Camtek Company Profile
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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