Veeco Instruments (NASDAQ:VECO) SVP Susan Wilkerson Sells 15,506 Shares

Veeco Instruments Inc. (NASDAQ:VECO) SVP Susan Wilkerson sold 15,506 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $69.56, for a total value of $1,078,597.36. Following the completion of the sale, the senior vice president directly owned 27,468 shares of the company’s stock, valued at $1,910,674.08. This trade represents a 36.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Susan Wilkerson also recently made the following trade(s):

• On Tuesday, May 26th, Susan Wilkerson sold 35,723 shares of Veeco Instruments stock. The stock was sold at an average price of $61.69, for a total transaction of $2,203,751.87.

Veeco Instruments Stock Up 8.3%

NASDAQ VECO traded up $5.93 during trading hours on Friday, hitting $77.48. The company’s stock had a trading volume of 1,912,385 shares, compared to its average volume of 1,218,437. The company’s 50-day simple moving average is $52.44 and its two-hundred day simple moving average is $38.74. Veeco Instruments Inc. has a 52 week low of $19.29 and a 52 week high of $78.60. The company has a market capitalization of $4.73 billion, a PE ratio of 203.90 and a beta of 1.39. The company has a current ratio of 4.23, a quick ratio of 2.86 and a debt-to-equity ratio of 0.26.

Veeco Instruments (NASDAQ:VECO) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.06). Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. The company had revenue of $158.34 million for the quarter, compared to the consensus estimate of $160.07 million. During the same quarter last year, the business posted $0.37 earnings per share. Veeco Instruments’s revenue was down 5.4% on a year-over-year basis. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS and its FY 2026 guidance at 1.500-1.850 EPS. Research analysts anticipate that Veeco Instruments Inc. will post 1.1 EPS for the current fiscal year.

Institutional Trading of Veeco Instruments

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC grew its stake in shares of Veeco Instruments by 75.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after buying an additional 1,019 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in Veeco Instruments by 125.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company’s stock worth $70,000 after acquiring an additional 1,370 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Veeco Instruments in the 4th quarter worth $77,000. Johnson Financial Group Inc. bought a new stake in Veeco Instruments during the 3rd quarter valued at approximately $91,000. Finally, Global Retirement Partners LLC raised its stake in Veeco Instruments by 16,961.9% during the 4th quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company’s stock valued at $102,000 after purchasing an additional 3,562 shares during the period. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VECO. Wall Street Zen upgraded shares of Veeco Instruments to a “hold” rating in a research note on Saturday, June 6th. Weiss Ratings cut shares of Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Needham & Company LLC reiterated a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. Zacks Research raised Veeco Instruments from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Finally, Barclays boosted their price target on shares of Veeco Instruments from $30.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Veeco Instruments has a consensus rating of “Hold” and an average price target of $40.60.

Veeco Instruments Company Profile

Veeco Instruments Inc (NASDAQ: VECO) is a leading supplier of process equipment for the semiconductor, data storage, wireless communications, power electronics and advanced packaging industries. The company designs, manufactures and services precision tools used to grow, deposit and etch thin films on substrates, enabling the fabrication of chips, light-emitting diodes (LEDs), micro-electromechanical systems (MEMS) and high-density storage devices. Veeco’s platforms are deployed across fabrication facilities worldwide, where they support key processes in materials science and device manufacturing.

Veeco’s product portfolio spans molecular beam epitaxy (MBE), metal organic chemical vapor deposition (MOCVD), atomic layer deposition (ALD), ion beam etch and deposition, and high-precision wet and dry etch systems.