Amundi Buys 845 Shares of Camtek Ltd. (NASDAQ:CAMT)

Amundi raised its stake in Camtek Ltd. (NASDAQ:CAMT) by 21.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,791 shares of the semiconductor company’s stock after acquiring an additional 845 shares during the quarter. Amundi’s holdings in Camtek were worth $387,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Camtek by 10.2% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,670,000 shares of the semiconductor company’s stock worth $135,743,000 after purchasing an additional 154,548 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Camtek by 32.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,135,453 shares of the semiconductor company’s stock worth $91,711,000 after purchasing an additional 279,000 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Camtek by 9.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 963,874 shares of the semiconductor company’s stock worth $77,852,000 after purchasing an additional 81,709 shares during the period. Meitav Investment House Ltd. increased its holdings in shares of Camtek by 119.3% during the fourth quarter. Meitav Investment House Ltd. now owns 818,123 shares of the semiconductor company’s stock worth $66,159,000 after purchasing an additional 445,079 shares during the period. Finally, Two Sigma Advisers LP increased its holdings in shares of Camtek by 107.5% during the third quarter. Two Sigma Advisers LP now owns 720,700 shares of the semiconductor company’s stock worth $57,548,000 after purchasing an additional 373,400 shares during the period. 41.93% of the stock is owned by institutional investors.

Camtek Trading Up 4.9 %

CAMT opened at $67.82 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 5.00 and a quick ratio of 4.11. Camtek Ltd. has a fifty-two week low of $62.13 and a fifty-two week high of $140.50. The firm has a market capitalization of $3.08 billion, a PE ratio of 28.02, a P/E/G ratio of 1.89 and a beta of 1.38. The company’s 50-day moving average is $82.79 and its 200 day moving average is $80.50.

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

Analyst Ratings Changes

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

Camtek Company 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.