ARK Investment Management LLC Increases Stock Holdings in Camtek Ltd. $CAMT

ARK Investment Management LLC boosted its position in shares of Camtek Ltd. (NASDAQ:CAMT) by 38.2% in the second quarter, HoldingsChannel.com reports. The fund owned 27,386 shares of the semiconductor company’s stock after purchasing an additional 7,566 shares during the period. ARK Investment Management LLC’s holdings in Camtek were worth $2,316,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new position in Camtek during the 1st quarter valued at about $31,000. Advisors Asset Management Inc. boosted its holdings in Camtek by 61.6% during the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company’s stock valued at $45,000 after acquiring an additional 293 shares during the period. Petrus Trust Company LTA boosted its stake in shares of Camtek by 12.9% in the 1st quarter. Petrus Trust Company LTA now owns 3,706 shares of the semiconductor company’s stock valued at $217,000 after buying an additional 422 shares during the period. State of Wyoming boosted its stake in shares of Camtek by 111.0% in the 1st quarter. State of Wyoming now owns 4,264 shares of the semiconductor company’s stock valued at $250,000 after buying an additional 2,243 shares during the period. Finally, Lifestyle Asset Management Inc. purchased a new position in shares of Camtek in the 2nd quarter valued at about $368,000. 41.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CAMT. Stifel Nicolaus lifted their price objective on Camtek from $98.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Oppenheimer began coverage on Camtek in a research note on Wednesday, July 2nd. They issued an “outperform” rating and a $100.00 price objective for the company. Jefferies Financial Group set a $105.00 price objective on Camtek and gave the company a “buy” rating in a research note on Tuesday, August 5th. Northland Securities set a $140.00 target price on Camtek in a research report on Tuesday, October 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Camtek in a research report on Wednesday, October 8th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Camtek currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.30.

Camtek Trading Down 3.7%

CAMT opened at $115.91 on Thursday. The firm has a market cap of $5.28 billion, a price-to-earnings ratio of 42.46, a price-to-earnings-growth ratio of 3.04 and a beta of 1.39. Camtek Ltd. has a 52 week low of $47.41 and a 52 week high of $127.08. The business’s 50 day moving average is $97.84 and its two-hundred day moving average is $83.21. The company has a quick ratio of 4.38, a current ratio of 5.41 and a debt-to-equity ratio of 0.32.

Camtek (NASDAQ:CAMT) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.79 EPS for the quarter, hitting the consensus estimate of $0.79. The company had revenue of $123.32 million for the quarter, compared to analyst estimates of $121.57 million. Camtek had a return on equity of 23.95% and a net margin of 28.36%.The firm’s revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 earnings per share. Camtek has set its Q3 2025 guidance at EPS. On average, research analysts predict that Camtek Ltd. will post 2.93 EPS for the current 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.