Veeco Instruments (NASDAQ:VECO) SVP Sells $1,078,597.36 in Stock

Veeco Instruments Inc. (NASDAQ:VECO) SVP Susan Wilkerson sold 15,506 shares of Veeco Instruments stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $69.56, for a total value of $1,078,597.36. Following the completion of the transaction, the senior vice president owned 27,468 shares of the company’s stock, valued at approximately $1,910,674.08. This trade represents a 36.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Susan Wilkerson also recently made the following trade(s):

• On Tuesday, May 26th, Susan Wilkerson sold 35,723 shares of Veeco Instruments stock. The stock was sold at an average price of $61.69, for a total transaction of $2,203,751.87.

Veeco Instruments Trading Up 8.3%

Shares of VECO stock traded up $5.93 on Friday, reaching $77.48. 1,912,385 shares of the company’s stock were exchanged, compared to its average volume of 1,218,437. The stock has a market capitalization of $4.73 billion, a PE ratio of 203.90 and a beta of 1.39. Veeco Instruments Inc. has a 52 week low of $19.29 and a 52 week high of $78.60. The company’s fifty day simple moving average is $52.44 and its 200 day simple moving average is $38.74. The company has a current ratio of 4.23, a quick ratio of 2.86 and a debt-to-equity ratio of 0.26.

Veeco Instruments (NASDAQ:VECO) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). The company 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%. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. As a group, analysts forecast that Veeco Instruments Inc. will post 1.1 EPS for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Zacks Research upgraded Veeco Instruments from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Wall Street Zen raised Veeco Instruments to a “hold” rating in a research report on Saturday, June 6th. Citigroup raised their target price on Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings cut Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 6th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Veeco Instruments in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $40.60.

Institutional Trading of Veeco Instruments

Several institutional investors have recently added to or reduced their stakes in VECO. Smartleaf Asset Management LLC grew its stake in shares of Veeco Instruments by 75.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 1,019 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in Veeco Instruments by 125.6% in the fourth 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 purchased a new stake in Veeco Instruments in the fourth quarter valued at $77,000. Johnson Financial Group Inc. purchased a new stake in shares of Veeco Instruments in the third quarter valued at about $91,000. Finally, Global Retirement Partners LLC raised its holdings in shares of Veeco Instruments by 16,961.9% in the fourth quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company’s stock valued at $102,000 after buying an additional 3,562 shares during the last quarter. Institutional investors and hedge funds 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.