Karni Yarl Andorn Sells 2,356 Shares of Camtek (NASDAQ:CAMT) Stock

Camtek Ltd. (NASDAQ:CAMT) Director Karni Yarl Andorn sold 2,356 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $172.35, for a total transaction of $406,056.60. Following the completion of the transaction, the director directly owned 1,343 shares in the company, valued at $231,466.05. This trade represents a 63.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Karni Yarl Andorn also recently made the following trade(s):

• On Friday, August 14th, Karni Yarl Andorn sold 3,176 shares of Camtek stock. The stock was sold at an average price of $164.40, for a total transaction of $522,134.40.

Camtek Stock Performance

CAMT opened at $155.84 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 6.58 and a current ratio of 7.38. The stock has a market capitalization of $7.27 billion, a price-to-earnings ratio of 243.50, a PEG ratio of 3.68 and a beta of 1.58. The company has a fifty day moving average of $157.93 and a 200 day moving average of $164.09. Camtek Ltd. has a fifty-two week low of $75.75 and a fifty-two week high of $215.99.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings results on Monday, August 10th. The semiconductor company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.76 by $0.02. The business had revenue of $133.24 million for the quarter, compared to analysts’ expectations of $130.44 million. Camtek had a net margin of 7.40% and a return on equity of 21.58%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.79 EPS. As a group, sell-side analysts forecast that Camtek Ltd. will post 3.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CAMT has been the subject of several research analyst reports. Evercore restated an “outperform” rating and set a $200.00 price target on shares of Camtek in a report on Wednesday, May 13th. Jefferies Financial Group increased their target price on Camtek from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Needham & Company LLC raised their target price on shares of Camtek from $175.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Oppenheimer upped their price target on shares of Camtek from $180.00 to $195.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Camtek in a research report on Tuesday, August 11th. Seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Camtek presently has an average rating of “Moderate Buy” and an average target price of $173.25.

Hedge Funds Weigh In On Camtek

Large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio bought a new stake in Camtek in the second quarter worth $1,217,000. Compass Financial Management LLC bought a new position in Camtek during the second quarter valued at $57,000. Annex Advisory Services LLC raised its stake in shares of Camtek by 51.1% in the second quarter. Annex Advisory Services LLC now owns 15,272 shares of the semiconductor company’s stock valued at $2,491,000 after acquiring an additional 5,167 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Camtek by 6.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,072 shares of the semiconductor company’s stock worth $314,000 after acquiring an additional 117 shares during the last quarter. Finally, Cim LLC boosted its stake in shares of Camtek by 168.7% during the 1st quarter. Cim LLC now owns 15,536 shares of the semiconductor company’s stock worth $2,355,000 after purchasing an additional 9,755 shares during the period. Institutional investors own 41.93% of the company’s stock.

Key Stories Impacting Camtek

Here are the key news stories impacting Camtek this week:

• Positive Sentiment: Camtek’s latest quarter exceeded expectations, with revenue increasing 8% year over year to $133.24 million and EPS of $0.78 surpassing the $0.76 consensus estimate. The results support continued demand for the company’s semiconductor inspection and metrology systems.
• Positive Sentiment: Analyst sentiment remains broadly constructive. Camtek has a consensus “Moderate Buy” rating and an average price target of $173.25, while several firms maintain targets between $195 and $200. However, Stifel’s newer $170 target suggests more limited upside than some earlier forecasts.
• Neutral Sentiment: CEO Rafi Amit sold 6,250 shares for approximately $1.07 million and retained 55,350 shares. COO Ram Langer sold 6,387 shares worth about $1.10 million and retained 17,532 shares. These sales reduce executive ownership but do not eliminate their remaining stakes. CEO Form 4 filing COO Form 4 filing
• Negative Sentiment: Director Karni Yarl Andorn sold 5,532 shares across two transactions for roughly $928,000, cutting her position by more than 60% and leaving her with 1,343 shares. Vice President Orit Geva-Dvash also sold 508 shares for $88,900, reducing her holdings by 8.89%. The concentration of sales by senior insiders is likely the main near-term overhang, even though such transactions can reflect personal liquidity or diversification. Director Form 4 filing Vice President Form 4 filing
• Negative Sentiment: Camtek trades at a very elevated valuation, with a price-to-earnings ratio above 240 and a PEG ratio of 3.68. That leaves the stock vulnerable to profit-taking when insider selling raises doubts, despite its earnings beat and strong balance-sheet liquidity.

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.