Camtek Ltd. $CAMT Shares Bought by Raiffeisen Bank International AG

Raiffeisen Bank International AG grew its holdings in shares of Camtek Ltd. (NASDAQ:CAMT) by 26.3% during the 4th quarter, HoldingsChannel reports. The firm owned 120,000 shares of the semiconductor company’s stock after buying an additional 25,000 shares during the period. Raiffeisen Bank International AG’s holdings in Camtek were worth $13,032,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Wasatch Advisors LP boosted its stake in Camtek by 14.7% during the 3rd quarter. Wasatch Advisors LP now owns 4,020,683 shares of the semiconductor company’s stock worth $422,373,000 after purchasing an additional 513,956 shares during the last quarter. Menora Mivtachim Holdings LTD. boosted its stake in Camtek by 31.1% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 2,099,351 shares of the semiconductor company’s stock worth $220,537,000 after purchasing an additional 497,918 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Camtek by 56.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,665,236 shares of the semiconductor company’s stock worth $177,090,000 after purchasing an additional 604,097 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its stake in Camtek by 12.0% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,318,396 shares of the semiconductor company’s stock worth $140,205,000 after purchasing an additional 140,796 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in Camtek by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 1,086,242 shares of the semiconductor company’s stock worth $116,615,000 after purchasing an additional 7,220 shares during the last quarter. Institutional investors and hedge funds own 41.93% of the company’s stock.

Camtek Price Performance

Shares of CAMT stock opened at $184.15 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 8.35 and a quick ratio of 7.46. The firm’s 50-day moving average is $176.52 and its two-hundred day moving average is $151.89. Camtek Ltd. has a 12 month low of $70.07 and a 12 month high of $215.99. The company has a market capitalization of $8.44 billion, a PE ratio of 211.67, a price-to-earnings-growth ratio of 4.00 and a beta of 1.54.

Camtek (NASDAQ:CAMT) last issued its earnings results on Tuesday, May 12th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.01. Camtek had a net margin of 9.63% and a return on equity of 22.26%. The company had revenue of $121.66 million for the quarter, compared to the consensus estimate of $120.15 million. During the same period in the previous year, the firm earned $0.79 earnings per share. Camtek’s quarterly revenue was up 2.6% compared to the same quarter last year. Analysts predict that Camtek Ltd. will post 3.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

CAMT has been the topic of several recent research reports. Evercore reaffirmed an “outperform” rating and set a $200.00 target price on shares of Camtek in a research note on Wednesday, May 13th. Wall Street Zen raised shares of Camtek from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. Needham & Company LLC lifted their target price on shares of Camtek from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Weiss Ratings raised shares of Camtek from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 14th. Finally, Northland Securities set a $174.00 price target on shares of Camtek in a research report on Wednesday, May 13th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $174.33.

About Camtek

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.