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

G2 Investment Partners Management LLC trimmed its holdings in shares of Camtek Ltd. (NASDAQ:CAMT) by 76.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,919 shares of the semiconductor company’s stock after selling 113,488 shares during the period. G2 Investment Partners Management LLC’s holdings in Camtek were worth $3,037,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new stake in Camtek during the 1st quarter valued at $31,000. Advisors Asset Management Inc. raised its holdings in shares of Camtek by 61.6% in the first quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company’s stock worth $45,000 after acquiring an additional 293 shares during the last quarter. Optimum Investment Advisors lifted its position in shares of Camtek by 60.0% in the second quarter. Optimum Investment Advisors now owns 1,200 shares of the semiconductor company’s stock valued at $101,000 after acquiring an additional 450 shares in the last quarter. Lombard Odier Asset Management USA Corp acquired a new stake in shares of Camtek during the second quarter valued at $267,000. Finally, Lido Advisors LLC purchased a new stake in Camtek during the 2nd quarter worth about $306,000. Hedge funds and other institutional investors own 41.93% of the company’s stock.

Camtek Stock Performance

Shares of CAMT stock opened at $111.95 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.52 and a current ratio of 7.58. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 124.39, a price-to-earnings-growth ratio of 2.98 and a beta of 1.57. Camtek Ltd. has a one year low of $47.41 and a one year high of $129.41. The company has a 50 day moving average price of $113.27 and a 200 day moving average price of $95.65.

Analysts Set New Price Targets

A number of research firms have issued reports on CAMT. Weiss Ratings restated a “hold (c+)” rating on shares of Camtek in a report on Tuesday. Barclays boosted their price objective on shares of Camtek from $85.00 to $120.00 and gave the company an “overweight” rating in a research report on Tuesday, November 11th. Bank of America upgraded shares of Camtek from a “neutral” rating to a “buy” rating and raised their target price for the stock from $95.00 to $135.00 in a research report on Monday, October 13th. Northland Securities set a $140.00 target price on shares of Camtek in a research note on Tuesday, October 7th. Finally, Morgan Stanley initiated coverage on Camtek in a research note on Monday, December 1st. They set an “equal weight” rating and a $110.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Camtek presently has an average rating of “Moderate Buy” and an average target price of $116.18.

Camtek Company 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.