Camtek (NASDAQ:CAMT) Price Target Lowered to $40.00 at Northland Securities

Camtek (NASDAQ:CAMTGet Rating) had its price target decreased by Northland Securities to $40.00 in a research note issued to investors on Monday, Stock Target Advisor reports.

CAMT has been the subject of a number of other reports. StockNews.com began coverage on Camtek in a research note on Wednesday, October 12th. They issued a hold rating for the company. Bank of America dropped their price objective on Camtek from $32.00 to $27.00 and set a neutral rating for the company in a research note on Friday, October 7th. B. Riley dropped their price objective on Camtek from $29.00 to $27.00 and set a neutral rating for the company in a research note on Tuesday, October 4th. Finally, Barclays dropped their price objective on Camtek to $22.00 in a research note on Monday. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of Hold and a consensus target price of $33.20.

Camtek Price Performance

CAMT stock opened at $23.21 on Monday. The business has a fifty day moving average of $23.52 and a two-hundred day moving average of $26.10. The company has a quick ratio of 5.86, a current ratio of 6.74 and a debt-to-equity ratio of 0.54. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 15.47, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. Camtek has a 52-week low of $21.13 and a 52-week high of $48.60.

Institutional Trading of Camtek

A number of institutional investors have recently bought and sold shares of the business. HBK Sorce Advisory LLC lifted its holdings in Camtek by 3.1% during the 3rd quarter. HBK Sorce Advisory LLC now owns 17,351 shares of the semiconductor company’s stock worth $402,000 after buying an additional 529 shares during the last quarter. Edmond DE Rothschild Holding S.A. lifted its holdings in Camtek by 8.7% during the 3rd quarter. Edmond DE Rothschild Holding S.A. now owns 6,623 shares of the semiconductor company’s stock worth $154,000 after buying an additional 530 shares during the last quarter. First Wilshire Securities Management Inc. lifted its holdings in shares of Camtek by 0.8% in the 3rd quarter. First Wilshire Securities Management Inc. now owns 71,297 shares of the semiconductor company’s stock valued at $1,652,000 after purchasing an additional 581 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of Camtek by 9.1% in the 2nd quarter. Van ECK Associates Corp now owns 9,083 shares of the semiconductor company’s stock valued at $226,000 after purchasing an additional 760 shares during the last quarter. Finally, Paradiem LLC raised its stake in Camtek by 4.3% during the 3rd quarter. Paradiem LLC now owns 19,801 shares of the semiconductor company’s stock valued at $459,000 after acquiring an additional 812 shares during the last quarter. 27.34% of the stock is owned by hedge funds and other institutional investors.

Camtek Company Profile

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Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for the advanced interconnect packaging, memory, complementary metal oxide semiconductor image sensors, micro-electro mechanical systems, radio frequency, and other segments of the semiconductor industry.

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