Veeco Instruments (NASDAQ:VECO) CEO William John Miller Sells 25,000 Shares

Veeco Instruments Inc. (NASDAQ:VECO) CEO William John Miller sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $32.00, for a total value of $800,000.00. Following the completion of the transaction, the chief executive officer owned 464,543 shares in the company, valued at $14,865,376. This represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

William John Miller also recently made the following trade(s):

• On Tuesday, December 2nd, William John Miller sold 25,000 shares of Veeco Instruments stock. The shares were sold at an average price of $29.10, for a total value of $727,500.00.
• On Wednesday, October 1st, William John Miller sold 25,000 shares of Veeco Instruments stock. The shares were sold at an average price of $32.00, for a total value of $800,000.00.
• On Tuesday, September 9th, William John Miller sold 25,000 shares of Veeco Instruments stock. The stock was sold at an average price of $25.00, for a total value of $625,000.00.

Veeco Instruments Trading Up 1.8%

Shares of NASDAQ:VECO traded up $0.56 during midday trading on Friday, reaching $32.05. 517,575 shares of the company’s stock were exchanged, compared to its average volume of 813,037. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 38.61 and a beta of 1.17. Veeco Instruments Inc. has a fifty-two week low of $16.92 and a fifty-two week high of $34.45. The firm’s 50 day simple moving average is $29.46 and its two-hundred day simple moving average is $24.87. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.36 and a quick ratio of 3.62.

Veeco Instruments (NASDAQ:VECO) last announced its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share 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 analyst estimates of $160.49 million. During the same quarter last year, the firm posted $0.46 earnings per share. Veeco Instruments’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, sell-side analysts forecast that Veeco Instruments Inc. will post 0.76 EPS for the current fiscal year.

Hedge Funds Weigh In On Veeco Instruments

Several institutional investors have recently modified their holdings of the business. Brooklyn Investment Group acquired a new stake in shares of Veeco Instruments in the first quarter valued at $37,000. Smartleaf Asset Management LLC increased its holdings 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 worth $49,000 after purchasing an additional 1,019 shares during the period. US Bancorp DE raised its position in Veeco Instruments by 33.6% in the 1st quarter. US Bancorp DE now owns 3,366 shares of the semiconductor company’s stock valued at $68,000 after purchasing an additional 847 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Veeco Instruments by 49,728.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock valued at $71,000 after buying an additional 3,481 shares during the period. Finally, Signaturefd LLC boosted its stake in shares of Veeco Instruments by 42.2% in the 2nd quarter. Signaturefd LLC now owns 4,465 shares of the semiconductor company’s stock valued at $91,000 after buying an additional 1,326 shares during the period. Institutional investors and hedge funds own 98.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on VECO. Benchmark dropped their target price on shares of Veeco Instruments from $31.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, August 7th. Needham & Company LLC lowered Veeco Instruments from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Citigroup lifted their price objective on Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Northland Securities downgraded 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. Finally, Northland Capmk cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Veeco Instruments currently has a consensus rating of “Hold” and an average target price of $28.57.

Veeco Instruments Company Profile

Veeco Instruments Inc, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.