Camtek Ltd. (NASDAQ:CAMT) Shares Purchased by Swiss National Bank

Swiss National Bank raised its position in Camtek Ltd. (NASDAQ:CAMT) by 2.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 59,008 shares of the semiconductor company’s stock after buying an additional 1,369 shares during the quarter. Swiss National Bank owned about 0.13% of Camtek worth $4,813,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Blueshift Asset Management LLC acquired a new position in shares of Camtek during the third quarter worth about $624,000. Point72 Hong Kong Ltd increased its position in Camtek by 193,738.7% during the 3rd quarter. Point72 Hong Kong Ltd now owns 60,090 shares of the semiconductor company’s stock worth $4,798,000 after purchasing an additional 60,059 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Camtek by 16.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 486,606 shares of the semiconductor company’s stock worth $38,855,000 after buying an additional 67,250 shares in the last quarter. Centiva Capital LP purchased a new stake in shares of Camtek in the third quarter valued at approximately $705,000. Finally, State of New Jersey Common Pension Fund D boosted its stake in shares of Camtek by 1.5% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 25,150 shares of the semiconductor company’s stock valued at $2,031,000 after buying an additional 381 shares in the last quarter. Hedge funds and other institutional investors own 41.93% of the company’s stock.

Analysts Set New Price Targets

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

Camtek Stock Performance

Camtek stock opened at $68.51 on Tuesday. Camtek Ltd. has a fifty-two week low of $62.13 and a fifty-two week high of $140.50. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 28.31, a PEG ratio of 1.89 and a beta of 1.38. The stock has a fifty day moving average of $81.96 and a two-hundred day moving average of $80.19. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.11 and a current ratio of 5.00.

Camtek (NASDAQ:CAMT) last posted its quarterly earnings data 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 return on equity of 24.99% and a net margin of 27.61%. On average, analysts anticipate that Camtek Ltd. will post 2.93 EPS for the current fiscal year.

About Camtek

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.