Veeco Instruments (NASDAQ:VECO) SVP Susan Wilkerson Sells 15,506 Shares

Veeco Instruments Inc. (NASDAQ:VECO) SVP Susan Wilkerson sold 15,506 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $69.56, for a total value of $1,078,597.36. Following the sale, the senior vice president owned 27,468 shares in the company, valued at approximately $1,910,674.08. The trade was a 36.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Susan Wilkerson also recently made the following trade(s):

• On Tuesday, May 26th, Susan Wilkerson sold 35,723 shares of Veeco Instruments stock. The stock was sold at an average price of $61.69, for a total value of $2,203,751.87.

Veeco Instruments Price Performance

Veeco Instruments stock opened at $77.48 on Friday. Veeco Instruments Inc. has a 52 week low of $19.29 and a 52 week high of $78.60. The business has a 50-day simple moving average of $53.29 and a 200 day simple moving average of $39.01. 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 stock has a market cap of $4.73 billion, a price-to-earnings ratio of 203.90 and a beta of 1.39.

Veeco Instruments (NASDAQ:VECO) last posted its earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.06). Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The business had revenue of $158.34 million for the quarter, compared to analysts’ expectations of $160.07 million. During the same quarter in the previous year, the firm earned $0.37 earnings per share. Veeco Instruments’s quarterly revenue was down 5.4% compared to the same quarter last year. 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. On average, research analysts forecast that Veeco Instruments Inc. will post 1.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Veeco Instruments

Hedge funds and other institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC boosted its holdings in shares of Veeco Instruments by 75.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 1,019 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of Veeco Instruments by 125.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company’s stock worth $70,000 after purchasing an additional 1,370 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Veeco Instruments in the 4th quarter worth about $77,000. Johnson Financial Group Inc. purchased a new position in shares of Veeco Instruments in the 3rd quarter worth about $91,000. Finally, Global Retirement Partners LLC boosted its holdings in shares of Veeco Instruments by 16,961.9% in the 4th quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company’s stock worth $102,000 after purchasing an additional 3,562 shares in the last quarter. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VECO has been the subject of several recent analyst reports. Weiss Ratings cut Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 6th. Citigroup boosted their target price on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Zacks Research upgraded Veeco Instruments from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Barclays boosted their target price on Veeco Instruments from $30.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Finally, Needham & Company LLC restated a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Veeco Instruments currently has an average rating of “Hold” and an average target price of $40.60.

Veeco Instruments Company Profile

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.