Inspire Advisors LLC Invests $3.68 Million in Veeco Instruments Inc. $VECO

Inspire Advisors LLC purchased a new stake in Veeco Instruments Inc. (NASDAQ:VECO) during the third quarter, HoldingsChannel.com reports. The firm purchased 120,765 shares of the semiconductor company’s stock, valued at approximately $3,675,000.

Other large investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in shares of Veeco Instruments by 75.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 1,019 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in Veeco Instruments by 49,728.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock valued at $71,000 after buying an additional 3,481 shares in the last quarter. Signaturefd LLC increased its position in Veeco Instruments by 42.2% during the 2nd quarter. Signaturefd LLC now owns 4,465 shares of the semiconductor company’s stock worth $91,000 after buying an additional 1,326 shares during the period. CWM LLC lifted its holdings in shares of Veeco Instruments by 329.7% during the second quarter. CWM LLC now owns 4,632 shares of the semiconductor company’s stock worth $94,000 after buying an additional 3,554 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Veeco Instruments by 152.4% in the second quarter. Tower Research Capital LLC TRC now owns 6,160 shares of the semiconductor company’s stock valued at $125,000 after acquiring an additional 3,719 shares during the period. 98.46% of the stock is owned by institutional investors.

Veeco Instruments Stock Performance

Veeco Instruments stock opened at $32.97 on Monday. The company has a quick ratio of 3.62, a current ratio of 5.36 and a debt-to-equity ratio of 0.26. The stock has a market cap of $1.99 billion, a PE ratio of 39.72 and a beta of 1.17. Veeco Instruments Inc. has a 12-month low of $16.92 and a 12-month high of $35.77. The business’s 50-day moving average price is $30.34 and its two-hundred day moving average price is $27.27.

Veeco Instruments (NASDAQ:VECO) last posted its quarterly earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. The company had revenue of $165.88 million for the quarter, compared to the consensus estimate of $160.49 million. Veeco Instruments had a net margin of 7.23% and a return on equity of 6.35%. The firm’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period last year, the company posted $0.46 EPS. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. As a group, analysts expect that Veeco Instruments Inc. will post 0.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Citigroup raised their price target on shares of Veeco Instruments from $29.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Northland Securities downgraded shares of Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price target for the company. in a research report on Tuesday, October 7th. Northland Capmk downgraded Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Needham & Company LLC cut Veeco Instruments from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Veeco Instruments in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $28.57.

Insider Activity

In other news, CEO William John Miller sold 25,000 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $32.00, for a total value of $800,000.00. Following the completion of the transaction, the chief executive officer directly owned 464,543 shares in the company, valued at approximately $14,865,376. This represents a 5.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.40% of the company’s stock.

About Veeco Instruments

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.