Veeco Instruments (NASDAQ:VECO) Shares Cross Above 200 Day Moving Average – Should You Sell?

Veeco Instruments Inc. (NASDAQ:VECO) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $27.76 and traded as high as $32.62. Veeco Instruments shares last traded at $31.58, with a volume of 531,018 shares trading hands.

Wall Street Analysts Forecast Growth

VECO has been the topic of a number of recent research reports. Northland Securities downgraded shares of Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price objective on the stock. in a report on Tuesday, October 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veeco Instruments in a research note on Wednesday, January 21st. Needham & Company LLC downgraded shares of Veeco Instruments from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Citigroup raised their price objective on Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Veeco Instruments currently has an average rating of “Hold” and an average price target of $28.57.

Veeco Instruments Stock Performance

The company has a debt-to-equity ratio of 0.26, a current ratio of 5.36 and a quick ratio of 3.62. The stock has a 50-day moving average price of $30.65 and a 200-day moving average price of $27.76. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 38.05 and a beta of 1.17.

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

Insider Buying and Selling at Veeco Instruments

In other news, CEO William John Miller sold 25,000 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $32.00, for a total value of $800,000.00. Following the transaction, the chief executive officer directly owned 464,543 shares of the company’s stock, valued at $14,865,376. This represents a 5.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in Veeco Instruments by 29.6% in the 1st quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company’s stock valued at $2,692,000 after acquiring an additional 30,646 shares during the period. AQR Capital Management LLC increased its stake in shares of Veeco Instruments by 51.5% during the first quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company’s stock worth $598,000 after purchasing an additional 10,122 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Veeco Instruments by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,043 shares of the semiconductor company’s stock worth $664,000 after purchasing an additional 1,434 shares during the period. Millennium Management LLC lifted its holdings in Veeco Instruments by 148.0% during the 1st quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company’s stock worth $9,526,000 after purchasing an additional 283,099 shares during the last quarter. Finally, Woodline Partners LP bought a new stake in Veeco Instruments in the 1st quarter valued at $618,000. Institutional investors and hedge funds own 98.46% of the company’s stock.

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.