Camtek Ltd. (NASDAQ:CAMT) Shares Sold by Lifestyle Asset Management Inc.

Lifestyle Asset Management Inc. trimmed its holdings in shares of Camtek Ltd. (NASDAQ:CAMT) by 8.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,910 shares of the semiconductor company’s stock after selling 263 shares during the period. Lifestyle Asset Management Inc.’s holdings in Camtek were worth $235,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CAMT. Vanguard Personalized Indexing Management LLC boosted its position in Camtek by 14.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,851 shares of the semiconductor company’s stock worth $605,000 after purchasing an additional 613 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Camtek by 30.1% during the second quarter. Hsbc Holdings PLC now owns 5,050 shares of the semiconductor company’s stock worth $635,000 after purchasing an additional 1,169 shares in the last quarter. Sei Investments Co. boosted its position in shares of Camtek by 16.6% in the second quarter. Sei Investments Co. now owns 110,156 shares of the semiconductor company’s stock worth $13,796,000 after buying an additional 15,683 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of Camtek by 11.9% in the second quarter. Thrivent Financial for Lutherans now owns 16,905 shares of the semiconductor company’s stock valued at $2,117,000 after buying an additional 1,797 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Camtek by 70.4% during the 2nd quarter. Marshall Wace LLP now owns 38,907 shares of the semiconductor company’s stock valued at $4,873,000 after buying an additional 16,078 shares during the period. 41.93% of the stock is currently owned by hedge funds and other institutional investors.

Camtek Trading Down 1.3 %

NASDAQ:CAMT opened at $104.65 on Friday. The company has a market cap of $4.75 billion, a PE ratio of 48.23, a P/E/G ratio of 1.68 and a beta of 1.33. The business’s 50 day moving average is $82.05 and its two-hundred day moving average is $87.30. The company has a quick ratio of 4.36, a current ratio of 5.28 and a debt-to-equity ratio of 0.38. Camtek Ltd. has a 52 week low of $69.83 and a 52 week high of $140.50.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings data on Tuesday, November 12th. The semiconductor company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. Camtek had a return on equity of 24.21% and a net margin of 26.53%. The firm had revenue of $112.30 million for the quarter, compared to analysts’ expectations of $108.51 million. During the same period last year, the business posted $0.46 earnings per share. The firm’s revenue for the quarter was up 39.5% on a year-over-year basis. On average, analysts predict that Camtek Ltd. will post 2.53 EPS for the current year.

Analysts Set New Price Targets

CAMT has been the subject of a number of analyst reports. Northland Securities increased their price objective on shares of Camtek from $102.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Cantor Fitzgerald assumed coverage on shares of Camtek in a report on Monday, January 13th. They issued a “neutral” rating and a $100.00 price objective on the stock. Barclays decreased their price objective on shares of Camtek from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Needham & Company LLC reaffirmed a “buy” rating and set a $95.00 target price on shares of Camtek in a research report on Wednesday, November 13th. Finally, StockNews.com raised Camtek from a “sell” rating to a “hold” rating in a report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Camtek presently has an average rating of “Moderate Buy” and a consensus price target of $112.44.

Camtek 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.