Camtek Ltd. (NASDAQ:CAMT) Shares Purchased by Aigen Investment Management LP

Aigen Investment Management LP raised its stake in Camtek Ltd. (NASDAQ:CAMT) by 31.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,247 shares of the semiconductor company’s stock after acquiring an additional 782 shares during the period. Aigen Investment Management LP’s holdings in Camtek were worth $259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in CAMT. Blue Trust Inc. grew its stake in Camtek by 4.1% during the 2nd quarter. Blue Trust Inc. now owns 2,721 shares of the semiconductor company’s stock worth $341,000 after buying an additional 108 shares during the last quarter. Petra Financial Advisors Inc. grew its position in shares of Camtek by 1.5% during the second quarter. Petra Financial Advisors Inc. now owns 8,290 shares of the semiconductor company’s stock worth $1,038,000 after acquiring an additional 120 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Camtek by 1.6% in the 3rd quarter. Van ECK Associates Corp now owns 9,561 shares of the semiconductor company’s stock valued at $755,000 after acquiring an additional 148 shares during the period. Ellsworth Advisors LLC raised its position in Camtek by 3.4% in the 2nd quarter. Ellsworth Advisors LLC now owns 7,393 shares of the semiconductor company’s stock valued at $926,000 after purchasing an additional 245 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Camtek by 23,300.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 468 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 466 shares during the period. Institutional investors and hedge funds own 41.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CAMT shares. Northland Capmk raised shares of Camtek from a “hold” rating to a “strong-buy” rating in a report on Monday, August 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $95.00 price objective on shares of Camtek in a research note on Wednesday. B. Riley lowered their target price on Camtek from $150.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. StockNews.com cut Camtek from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, Northland Securities lifted their price objective on shares of Camtek from $99.00 to $102.00 and gave the company an “outperform” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $110.57.

Camtek Trading Down 5.9 %

Shares of CAMT stock opened at $74.07 on Friday. The business’s fifty day moving average price is $79.27 and its 200 day moving average price is $95.46. The firm has a market capitalization of $3.36 billion, a PE ratio of 34.13, a P/E/G ratio of 1.50 and a beta of 1.38. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.28 and a quick ratio of 4.29. Camtek Ltd. has a 1-year low of $59.33 and a 1-year high of $140.50.

Camtek (NASDAQ:CAMT) last posted its quarterly earnings results on Tuesday, November 12th. The semiconductor company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. The business had revenue of $112.30 million for the quarter, compared to analysts’ expectations of $108.51 million. Camtek had a net margin of 26.53% and a return on equity of 24.21%. The business’s revenue for the quarter was up 39.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.46 EPS. As a group, sell-side analysts forecast that Camtek Ltd. will post 2.45 EPS for the current fiscal year.

Camtek Profile

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.