Veeco Instruments (NASDAQ:VECO) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Veeco Instruments Inc. (NASDAQ:VECO) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $41.75 and traded as high as $74.61. Veeco Instruments shares last traded at $70.9440, with a volume of 1,190,091 shares changing hands.

Analyst Ratings Changes

A number of equities analysts recently weighed in on VECO shares. Wall Street Zen upgraded Veeco Instruments to a “hold” rating in a research report on Saturday, June 6th. Barclays boosted their price objective on Veeco Instruments from $30.00 to $55.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Citigroup upped their price objective on shares of Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings downgraded shares of Veeco Instruments from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, June 15th. Finally, Needham & Company LLC restated a “hold” rating on shares of Veeco Instruments in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.60.

Veeco Instruments Price Performance

The stock has a 50 day moving average price of $59.70 and a two-hundred day moving average price of $41.75. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.86 and a current ratio of 4.23. The company has a market capitalization of $4.33 billion, a PE ratio of 186.70 and a beta of 1.39.

Veeco Instruments (NASDAQ:VECO) last announced its quarterly 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). The firm had revenue of $158.34 million during 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%. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the firm 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. Equities analysts forecast that Veeco Instruments Inc. will post 1.1 earnings per share for the current year.

Insider Activity at Veeco Instruments

In other news, SVP Susan Wilkerson sold 35,723 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $61.69, for a total transaction of $2,203,751.87. Following the transaction, the senior vice president owned 42,974 shares in the company, valued at approximately $2,651,066.06. This trade represents a 45.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gordon Hunter sold 29,532 shares of Veeco Instruments stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $59.41, for a total transaction of $1,754,496.12. Following the completion of the sale, the director directly owned 52,676 shares of the company’s stock, valued at approximately $3,129,481.16. The trade was a 35.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 339,055 shares of company stock worth $20,705,270 over the last quarter. 2.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Veeco Instruments

Large investors have recently made changes to their positions in the stock. Magnetar Financial LLC bought a new position in shares of Veeco Instruments in the 4th quarter valued at approximately $48,342,000. American Century Companies Inc. boosted its position in Veeco Instruments by 920.1% during the third quarter. American Century Companies Inc. now owns 676,502 shares of the semiconductor company’s stock worth $20,586,000 after purchasing an additional 610,187 shares during the period. Fisher Asset Management LLC grew its holdings in Veeco Instruments by 37.4% during the fourth quarter. Fisher Asset Management LLC now owns 1,820,357 shares of the semiconductor company’s stock valued at $52,026,000 after purchasing an additional 495,767 shares during the last quarter. Millennium Management LLC grew its holdings in Veeco Instruments by 1,164.3% during the fourth quarter. Millennium Management LLC now owns 477,386 shares of the semiconductor company’s stock valued at $13,644,000 after purchasing an additional 439,628 shares during the last quarter. Finally, AQR Arbitrage LLC bought a new position in shares of Veeco Instruments in the fourth quarter valued at approximately $11,648,000. Institutional investors own 98.46% 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.