Susan Wilkerson Sells 35,723 Shares of Veeco Instruments (NASDAQ:VECO) Stock

Veeco Instruments Inc. (NASDAQ:VECO) SVP Susan Wilkerson sold 35,723 shares of Veeco Instruments stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $61.69, for a total value of $2,203,751.87. Following the sale, the senior vice president directly owned 42,974 shares of the company’s stock, valued at $2,651,066.06. This represents a 45.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Veeco Instruments Price Performance

NASDAQ:VECO opened at $59.13 on Friday. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 155.61 and a beta of 1.36. Veeco Instruments Inc. has a 52-week low of $19.04 and a 52-week high of $65.43. The stock has a fifty day moving average of $46.63 and a 200 day moving average of $36.37. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.86 and a current ratio of 4.23.

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

Institutional Investors Weigh In On Veeco Instruments

Hedge funds and other institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC lifted its stake 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 valued at $49,000 after acquiring an additional 1,019 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake 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 valued at $70,000 after acquiring an additional 1,370 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Veeco Instruments in the 4th quarter valued at about $77,000. Johnson Financial Group Inc. bought a new stake in shares of Veeco Instruments in the 3rd quarter valued at about $91,000. Finally, Global Retirement Partners LLC lifted its stake 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 valued at $102,000 after acquiring an additional 3,562 shares during the last quarter. Institutional investors own 98.46% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Needham & Company LLC reissued a “hold” rating on shares of Veeco Instruments in a research note on Thursday, February 26th. Weiss Ratings lowered Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Zacks Research raised Veeco Instruments from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Citigroup lifted their price target on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Barclays lifted their price target on Veeco Instruments from $30.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target 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.