Veeco Instruments Inc. $VECO Shares Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC grew its stake in shares of Veeco Instruments Inc. (NASDAQ:VECO) by 133.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,895 shares of the semiconductor company’s stock after buying an additional 43,941 shares during the quarter. Squarepoint Ops LLC’s holdings in Veeco Instruments were worth $1,563,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Brooklyn Investment Group acquired a new position in shares of Veeco Instruments during the first quarter valued at approximately $37,000. Smartleaf Asset Management LLC boosted its stake in Veeco Instruments by 75.6% during the 2nd 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 in the last quarter. Hantz Financial Services Inc. boosted its stake in Veeco Instruments by 49,728.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock valued at $71,000 after purchasing an additional 3,481 shares in the last quarter. Signaturefd LLC increased its position in shares of Veeco Instruments by 42.2% during the 2nd quarter. Signaturefd LLC now owns 4,465 shares of the semiconductor company’s stock valued at $91,000 after purchasing an additional 1,326 shares during the period. Finally, CWM LLC raised its stake in shares of Veeco Instruments by 329.7% in the 2nd 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. 98.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Insider Activity at Veeco Instruments

In other Veeco Instruments news, CEO William John Miller sold 25,000 shares of Veeco Instruments stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $32.00, for a total transaction of $800,000.00. Following the transaction, the chief executive officer directly owned 464,543 shares in the company, valued at approximately $14,865,376. The trade was a 5.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Adrian Devasahayam sold 4,014 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $30.00, for a total value of $120,420.00. Following the completion of the sale, the senior vice president owned 82,120 shares of the company’s stock, valued at $2,463,600. The trade was a 4.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 82,865 shares of company stock worth $2,578,854. Corporate insiders own 2.40% of the company’s stock.

Veeco Instruments Price Performance

NASDAQ VECO opened at $29.29 on Friday. The company has a current ratio of 5.36, a quick ratio of 3.62 and a debt-to-equity ratio of 0.26. Veeco Instruments Inc. has a 1 year low of $16.92 and a 1 year high of $34.45. The company has a market cap of $1.76 billion, a PE ratio of 35.29 and a beta of 1.17. The stock’s 50-day moving average price is $29.55 and its two-hundred day moving average price is $25.73.

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

Veeco Instruments 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.