Veeco Instruments (NASDAQ:VECO) Director Gordon Hunter Sells 16,974 Shares of Stock

Veeco Instruments Inc. (NASDAQ:VECO) Director Gordon Hunter sold 16,974 shares of Veeco Instruments stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $68.80, for a total transaction of $1,167,811.20. Following the sale, the director directly owned 11,236 shares of the company’s stock, valued at $773,036.80. This represents a 60.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Gordon Hunter also recently made the following trade(s):

• On Thursday, June 4th, Gordon Hunter sold 6,752 shares of Veeco Instruments stock. The stock was sold at an average price of $63.78, for a total transaction of $430,642.56.
• On Tuesday, May 26th, Gordon Hunter sold 17,714 shares of Veeco Instruments stock. The stock was sold at an average price of $61.61, for a total transaction of $1,091,359.54.
• On Tuesday, May 12th, Gordon Hunter sold 29,532 shares of Veeco Instruments stock. The stock was sold at an average price of $59.41, for a total transaction of $1,754,496.12.
• On Friday, May 8th, Gordon Hunter sold 7,746 shares of Veeco Instruments stock. The stock was sold at an average price of $58.76, for a total transaction of $455,154.96.

Veeco Instruments Stock Performance

Veeco Instruments stock opened at $65.94 on Thursday. The company has a quick ratio of 2.86, a current ratio of 4.23 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $4.02 billion, a PE ratio of 173.53 and a beta of 1.39. The firm has a fifty day simple moving average of $51.68 and a two-hundred day simple moving average of $38.43. Veeco Instruments Inc. has a twelve month low of $19.29 and a twelve month high of $73.03.

Veeco Instruments (NASDAQ:VECO) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.06). The business had revenue of $158.34 million during the quarter, compared to the consensus estimate of $160.07 million. Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The business’s revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.37 earnings per share. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS and its FY 2026 guidance at 1.500-1.850 EPS. Research analysts expect that Veeco Instruments Inc. will post 1.1 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on VECO shares. Citigroup boosted their price target on shares of Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings downgraded shares of Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Barclays upped their price objective on shares of Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Needham & Company LLC reaffirmed a “hold” rating on shares of Veeco Instruments in a research note on Thursday, February 26th. Finally, Zacks Research raised shares of Veeco Instruments from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Veeco Instruments currently has an average rating of “Hold” and an average target price of $40.60.

Key Veeco Instruments News

Here are the key news stories impacting Veeco Instruments this week:

• Positive Sentiment: Veeco received a follow-on order for its NSA500 system, indicating continued customer adoption and stronger demand in advanced chip manufacturing. Veeco Receives Follow-On Order for Nanosecond Annealing System; Expands Evaluation Activity
• Positive Sentiment: News of the order was reinforced by broader investor interest in semiconductor equipment names tied to AI and chip-capacity growth. Veeco Instruments stock rallies 17% as follow-on order signals growing chip demand
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a major driver of the stock move. What’s going on with Veeco Instruments stock on Tuesday?
• Negative Sentiment: Director Gordon Hunter sold 16,974 shares, which can pressure sentiment by raising questions about insider conviction. SEC filing for Gordon Hunter sale
• Negative Sentiment: SVP Adrian Devasahayam sold 10,000 shares, adding to the insider-selling overhang. SEC filing for Adrian Devasahayam sale

Hedge Funds Weigh In On Veeco Instruments

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Veeco Instruments by 0.8% in the third quarter. Vanguard Group Inc. now owns 7,663,310 shares of the semiconductor company’s stock worth $233,195,000 after buying an additional 62,016 shares in the last quarter. Wasatch Advisors LP grew its holdings in Veeco Instruments by 4.9% in the second quarter. Wasatch Advisors LP now owns 3,396,804 shares of the semiconductor company’s stock worth $69,023,000 after purchasing an additional 157,978 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Veeco Instruments by 9.7% in the second quarter. The Manufacturers Life Insurance Company now owns 3,215,031 shares of the semiconductor company’s stock worth $65,329,000 after purchasing an additional 284,716 shares during the period. Dimensional Fund Advisors LP grew its holdings in Veeco Instruments by 1.1% in the third quarter. Dimensional Fund Advisors LP now owns 2,481,803 shares of the semiconductor company’s stock worth $75,521,000 after purchasing an additional 26,248 shares during the period. Finally, Paradigm Capital Management Inc. NY grew its holdings in Veeco Instruments by 1.3% in the second quarter. Paradigm Capital Management Inc. NY now owns 2,410,000 shares of the semiconductor company’s stock worth $48,971,000 after purchasing an additional 30,000 shares during the period. 98.46% of the stock is owned by institutional investors.

About Veeco Instruments

Veeco Instruments Inc (NASDAQ: VECO) is a leading supplier of process equipment for the semiconductor, data storage, wireless communications, power electronics and advanced packaging industries. The company designs, manufactures and services precision tools used to grow, deposit and etch thin films on substrates, enabling the fabrication of chips, light-emitting diodes (LEDs), micro-electromechanical systems (MEMS) and high-density storage devices. Veeco’s platforms are deployed across fabrication facilities worldwide, where they support key processes in materials science and device manufacturing.

Veeco’s product portfolio spans molecular beam epitaxy (MBE), metal organic chemical vapor deposition (MOCVD), atomic layer deposition (ALD), ion beam etch and deposition, and high-precision wet and dry etch systems.