Mirabella Financial Services LLP Increases Stock Holdings in Camtek Ltd. (NASDAQ:CAMT)

Mirabella Financial Services LLP increased its holdings in shares of Camtek Ltd. (NASDAQ:CAMT) by 38.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,096 shares of the semiconductor company’s stock after buying an additional 3,356 shares during the quarter. Mirabella Financial Services LLP’s holdings in Camtek were worth $927,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in CAMT. Advisors Asset Management Inc. grew its stake in shares of Camtek by 78.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 145 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Camtek by 23,300.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 468 shares of the semiconductor company’s stock valued at $59,000 after acquiring an additional 466 shares during the last quarter. Russell Investments Group Ltd. grew its position in Camtek by 524.6% during the first quarter. Russell Investments Group Ltd. now owns 1,474 shares of the semiconductor company’s stock valued at $123,000 after acquiring an additional 1,238 shares during the period. Gateway Wealth Partners LLC acquired a new stake in Camtek during the second quarter worth about $220,000. Finally, Susquehanna International Group Ltd. purchased a new position in shares of Camtek in the 2nd quarter worth about $237,000. 41.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CAMT has been the subject of a number of research reports. Needham & Company LLC reiterated a “buy” rating and set a $95.00 target price on shares of Camtek in a report on Wednesday, November 13th. Northland Securities lifted their price target on shares of Camtek from $99.00 to $102.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Northland Capmk raised shares of Camtek from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 5th. StockNews.com upgraded shares of Camtek from a “sell” rating to a “hold” rating in a report on Wednesday, November 20th. Finally, B. Riley decreased their price target on shares of Camtek from $150.00 to $140.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Camtek has a consensus rating of “Buy” and an average price target of $110.57.

Camtek Stock Down 4.4 %

Shares of Camtek stock opened at $71.67 on Tuesday. Camtek Ltd. has a 1-year low of $59.33 and a 1-year high of $140.50. The company has a market capitalization of $3.25 billion, a PE ratio of 32.93, a P/E/G ratio of 1.36 and a beta of 1.38. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.28 and a quick ratio of 4.36. The business has a 50-day moving average of $78.92 and a 200-day moving average of $95.40.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings results on Tuesday, November 12th. The semiconductor company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $108.51 million. During the same quarter in the prior year, the business posted $0.46 earnings per share. Camtek’s revenue for the quarter was up 39.5% on a year-over-year basis. As a group, equities analysts forecast that Camtek Ltd. will post 2.53 EPS for the current fiscal year.

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.