Camtek Ltd. (NASDAQ:CAMT) Shares Bought by Aigen Investment Management LP

Aigen Investment Management LP raised its position in shares of Camtek Ltd. (NASDAQ:CAMT) by 31.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,247 shares of the semiconductor company’s stock after acquiring an additional 782 shares during the quarter. Aigen Investment Management LP’s holdings in Camtek were worth $259,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. raised its position in shares of Camtek by 4.1% in the second quarter. Blue Trust Inc. now owns 2,721 shares of the semiconductor company’s stock valued at $341,000 after buying an additional 108 shares during the last quarter. Petra Financial Advisors Inc. raised its holdings in Camtek by 1.5% in the 2nd quarter. Petra Financial Advisors Inc. now owns 8,290 shares of the semiconductor company’s stock valued at $1,038,000 after acquiring an additional 120 shares during the last quarter. Van ECK Associates Corp lifted its stake in Camtek by 1.6% in the 3rd quarter. Van ECK Associates Corp now owns 9,561 shares of the semiconductor company’s stock worth $755,000 after purchasing an additional 148 shares in the last quarter. Ellsworth Advisors LLC boosted its holdings in shares of Camtek by 3.4% during the 2nd quarter. Ellsworth Advisors LLC now owns 7,393 shares of the semiconductor company’s stock worth $926,000 after purchasing an additional 245 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Camtek by 23,300.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 468 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 466 shares during the last quarter. Hedge funds and other institutional investors own 41.93% of the company’s stock.

Camtek Trading Down 5.9 %

NASDAQ CAMT opened at $74.07 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.29 and a current ratio of 5.28. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 34.13, a PEG ratio of 1.50 and a beta of 1.38. The firm has a 50 day simple moving average of $79.27 and a 200-day simple moving average of $95.46. Camtek Ltd. has a one year low of $59.33 and a one year high of $140.50.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings results on Tuesday, November 12th. The semiconductor company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. Camtek had a net margin of 26.53% and a return on equity of 24.21%. The company had revenue of $112.30 million during the quarter, compared to analysts’ expectations of $108.51 million. During the same quarter last year, the company posted $0.46 EPS. The firm’s revenue was up 39.5% compared to the same quarter last year. Equities research analysts anticipate that Camtek Ltd. will post 2.45 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. StockNews.com downgraded Camtek from a “hold” rating to a “sell” rating in a research report on Tuesday. Needham & Company LLC reissued a “buy” rating and set a $95.00 price target on shares of Camtek in a research report on Wednesday. Northland Securities upped their price objective on shares of Camtek from $99.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday. B. Riley reduced their target price on shares of Camtek from $150.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Finally, Northland Capmk raised shares of Camtek from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 5th. One investment analyst has rated the stock with a sell rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $110.57.

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.