Camtek Ltd. (NASDAQ:CAMT) Shares Purchased by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. boosted its position in Camtek Ltd. (NASDAQ:CAMT) by 90.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,944 shares of the semiconductor company’s stock after buying an additional 20,914 shares during the period. EFG Asset Management North America Corp. owned approximately 0.10% of Camtek worth $3,552,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of CAMT. Advisors Asset Management Inc. increased its stake in shares of Camtek by 78.8% in the third quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 145 shares during the period. Jones Financial Companies Lllp boosted its holdings in Camtek by 364.0% in the fourth quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 324 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Camtek during the 3rd quarter worth about $53,000. Optimum Investment Advisors raised its stake in shares of Camtek by 43.3% during the 4th quarter. Optimum Investment Advisors now owns 2,150 shares of the semiconductor company’s stock valued at $174,000 after buying an additional 650 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Camtek in the 4th quarter valued at about $209,000. Institutional investors and hedge funds own 41.93% of the company’s stock.

Camtek Stock Up 3.7 %

CAMT opened at $68.51 on Tuesday. The company has a quick ratio of 4.11, a current ratio of 5.00 and a debt-to-equity ratio of 0.36. Camtek Ltd. has a twelve month low of $62.13 and a twelve month high of $140.50. The company has a market cap of $3.12 billion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 1.89 and a beta of 1.38. The company has a 50-day moving average price of $81.96 and a 200 day moving average price of $80.19.

Camtek (NASDAQ:CAMT) last announced its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. Sell-side analysts expect that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.