Mirabella Financial Services LLP Buys Shares of 13,500 Camtek Ltd. $CAMT

Mirabella Financial Services LLP purchased a new position in shares of Camtek Ltd. (NASDAQ:CAMT) during the second quarter, Holdings Channel reports. The institutional investor purchased 13,500 shares of the semiconductor company’s stock, valued at approximately $1,142,000.

Other hedge funds also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new position in Camtek during the 1st quarter worth about $31,000. Advisors Asset Management Inc. lifted its position in shares of Camtek by 61.6% in the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 293 shares during the period. Optimum Investment Advisors boosted its stake in shares of Camtek by 60.0% during the second quarter. Optimum Investment Advisors now owns 1,200 shares of the semiconductor company’s stock valued at $101,000 after purchasing an additional 450 shares in the last quarter. Petrus Trust Company LTA increased its holdings in Camtek by 12.9% during the first quarter. Petrus Trust Company LTA now owns 3,706 shares of the semiconductor company’s stock valued at $217,000 after buying an additional 422 shares during the period. Finally, State of Wyoming increased its holdings in Camtek by 111.0% during the first quarter. State of Wyoming now owns 4,264 shares of the semiconductor company’s stock valued at $250,000 after buying an additional 2,243 shares during the period. 41.93% of the stock is owned by hedge funds and other institutional investors.

Camtek Price Performance

NASDAQ CAMT opened at $118.41 on Friday. The company has a market cap of $5.40 billion, a price-to-earnings ratio of 131.57, a PEG ratio of 2.95 and a beta of 1.57. The company has a debt-to-equity ratio of 0.90, a current ratio of 7.58 and a quick ratio of 6.52. The stock’s fifty day moving average price is $112.30 and its 200 day moving average price is $93.46. Camtek Ltd. has a 1 year low of $47.41 and a 1 year high of $129.41.

Analyst Ratings Changes

CAMT has been the subject of a number of analyst reports. Bank of America upgraded Camtek from a “neutral” rating to a “buy” rating and upped their target price for the stock from $95.00 to $135.00 in a report on Monday, October 13th. Stifel Nicolaus raised their price objective on Camtek from $98.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Barclays boosted their target price on shares of Camtek from $85.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, November 11th. Evercore ISI lifted their price objective on shares of Camtek from $100.00 to $130.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 11th. Finally, Northland Securities set a $140.00 target price on shares of Camtek in a research report on Tuesday, October 7th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $116.18.

Camtek Profile

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.