Camtek Ltd. $CAMT Shares Sold by G2 Investment Partners Management LLC

by · The Cerbat Gem

G2 Investment Partners Management LLC decreased its position in shares of Camtek Ltd. (NASDAQ:CAMT – Free Report) by 76.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,919 shares of the semiconductor company’s stock after selling 113,488 shares during the period. G2 Investment Partners Management LLC owned 0.08% of Camtek worth $3,037,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of CAMT. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Camtek by 0.4% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,142,171 shares of the semiconductor company’s stock worth $182,976,000 after buying an additional 7,500 shares during the period. Menora Mivtachim Holdings LTD. raised its stake in Camtek by 2.2% during the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 1,601,433 shares of the semiconductor company’s stock valued at $135,417,000 after acquiring an additional 35,000 shares during the last quarter. Brown Capital Management LLC lifted its position in Camtek by 3.5% during the 2nd quarter. Brown Capital Management LLC now owns 1,140,137 shares of the semiconductor company’s stock worth $96,410,000 after acquiring an additional 38,485 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Camtek by 110.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,015,307 shares of the semiconductor company’s stock valued at $59,527,000 after purchasing an additional 532,944 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Camtek by 1.9% in the first quarter. Vanguard Group Inc. now owns 1,002,302 shares of the semiconductor company’s stock valued at $58,715,000 after purchasing an additional 18,316 shares during the period. 41.93% of the stock is currently owned by institutional investors and hedge funds.

Camtek Stock Performance

Shares of CAMT opened at $111.95 on Friday. The company has a quick ratio of 6.52, a current ratio of 7.58 and a debt-to-equity ratio of 0.90. Camtek Ltd. has a 52-week low of $47.41 and a 52-week high of $129.41. The company has a 50-day simple moving average of $113.27 and a 200-day simple moving average of $95.65. The company has a market capitalization of $5.10 billion, a PE ratio of 124.39, a P/E/G ratio of 2.98 and a beta of 1.57.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on CAMT shares. Weiss Ratings restated a “hold (c+)” rating on shares of Camtek in a research note on Tuesday. Stifel Nicolaus lifted their target price on shares of Camtek from $98.00 to $115.00 and gave the company a “buy” rating in a report on Monday, October 13th. Morgan Stanley started coverage on shares of Camtek in a research note on Monday, December 1st. They set an “equal weight” rating and a $110.00 price target on the stock. Evercore ISI increased their price target on shares of Camtek from $100.00 to $130.00 and gave the stock an “outperform” rating in a report on Tuesday, November 11th. Finally, B. Riley raised their price objective on shares of Camtek from $120.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, October 10th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $116.18.

Check Out Our Latest Analysis on CAMT

Camtek Profile

(Free Report)

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.

Further Reading

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