Camtek Ltd. (NASDAQ:CAMT) Shares Bought by Optimum Investment Advisors

Optimum Investment Advisors lifted its holdings in shares of Camtek Ltd. (NASDAQ:CAMT) by 43.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,150 shares of the semiconductor company’s stock after acquiring an additional 650 shares during the quarter. Optimum Investment Advisors’ holdings in Camtek were worth $174,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of CAMT. Advisors Asset Management Inc. increased its holdings in Camtek by 78.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 145 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Camtek by 364.0% during the fourth quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company’s stock worth $33,000 after buying an additional 324 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Camtek during the third quarter worth approximately $53,000. Sanctuary Advisors LLC acquired a new stake in Camtek in the fourth quarter valued at $209,000. Finally, Prentiss Smith & Co. Inc. boosted its stake in Camtek by 10.8% during the 4th quarter. Prentiss Smith & Co. Inc. now owns 2,786 shares of the semiconductor company’s stock valued at $225,000 after acquiring an additional 272 shares during the last quarter. Institutional investors and hedge funds own 41.93% of the company’s stock.

Camtek Stock Performance

CAMT stock opened at $66.05 on Friday. Camtek Ltd. has a 1 year low of $62.13 and a 1 year high of $140.50. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 27.29, a PEG ratio of 1.89 and a beta of 1.38. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.11 and a current ratio of 5.00. The stock’s fifty day moving average is $82.32 and its two-hundred day moving average is $80.31.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings data on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. On average, research analysts predict that Camtek Ltd. will post 2.93 EPS for the current year.

Analyst Upgrades and Downgrades

CAMT has been the subject of several research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $110.00 target price on shares of Camtek in a research report on Thursday, February 13th. Cantor Fitzgerald assumed coverage on Camtek in a research note on Monday, January 13th. They set a “neutral” rating and a $100.00 price objective on the stock. Northland Securities increased their target price on Camtek from $102.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Stifel Nicolaus reiterated a “buy” rating and issued a $105.00 price target on shares of Camtek in a report on Thursday, December 12th. Finally, Barclays reduced their price objective on Camtek from $140.00 to $120.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Camtek currently has an average rating of “Moderate Buy” and a consensus price target of $114.11.

About Camtek

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.