Insider Selling: Veeco Instruments (NASDAQ:VECO) Director Sells $430,642.56 in Stock

Veeco Instruments Inc. (NASDAQ:VECO) Director Gordon Hunter sold 6,752 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $63.78, for a total value of $430,642.56. Following the sale, the director owned 28,210 shares of the company’s stock, valued at $1,799,233.80. This trade represents a 19.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Gordon Hunter also recently made the following trade(s):

• On Tuesday, June 9th, Gordon Hunter sold 16,974 shares of Veeco Instruments stock. The stock was sold at an average price of $68.80, for a total value of $1,167,811.20.
• On Tuesday, May 26th, Gordon Hunter sold 17,714 shares of Veeco Instruments stock. The stock was sold at an average price of $61.61, for a total value of $1,091,359.54.
• On Tuesday, May 12th, Gordon Hunter sold 29,532 shares of Veeco Instruments stock. The stock was sold at an average price of $59.41, for a total value of $1,754,496.12.
• On Friday, May 8th, Gordon Hunter sold 7,746 shares of Veeco Instruments stock. The stock was sold at an average price of $58.76, for a total value of $455,154.96.

Veeco Instruments Stock Down 1.9%

VECO stock opened at $65.94 on Thursday. The stock’s fifty day simple moving average is $51.68 and its two-hundred day simple moving average is $38.43. 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 Inc. has a 1-year low of $19.29 and a 1-year high of $73.03. The stock has a market cap of $4.02 billion, a P/E ratio of 173.53 and a beta of 1.39.

Veeco Instruments (NASDAQ:VECO) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.06). Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The business had revenue of $158.34 million during the quarter, compared to analysts’ expectations of $160.07 million. During the same period in the prior year, the firm posted $0.37 EPS. The firm’s revenue for the quarter was down 5.4% on a year-over-year basis. 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. Analysts expect that Veeco Instruments Inc. will post 1.1 EPS for the current year.

Wall Street Analyst Weigh In

VECO has been the topic of several research analyst reports. Needham & Company LLC reissued a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. Weiss Ratings cut Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 6th. Citigroup boosted their price objective on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded Veeco Instruments to a “hold” rating in a research note on Saturday, June 6th. Finally, Barclays boosted their target price on Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. 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 issued a Sell rating to the stock. According to MarketBeat.com, Veeco Instruments has an average rating of “Hold” and a consensus price target of $40.60.

Institutional Trading of Veeco Instruments

Hedge funds have recently made changes to their positions in the company. Smartleaf Asset Management LLC raised 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 valued at $49,000 after buying an additional 1,019 shares during the period. Rockefeller Capital Management L.P. raised its stake in shares of 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 buying an additional 1,370 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Veeco Instruments in the fourth quarter valued at $77,000. Johnson Financial Group Inc. bought a new stake in shares of Veeco Instruments in the third quarter valued at $91,000. Finally, Global Retirement Partners LLC grew its position 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 purchasing an additional 3,562 shares in the last quarter. 98.46% of the stock is currently owned by institutional investors.

Trending Headlines about Veeco Instruments

Here are the key news stories impacting Veeco Instruments this week:

• Positive Sentiment: Veeco received a follow-on order for its NSA500 system, indicating continued customer adoption and stronger demand in advanced chip manufacturing. Veeco Receives Follow-On Order for Nanosecond Annealing System; Expands Evaluation Activity
• Positive Sentiment: News of the order was reinforced by broader investor interest in semiconductor equipment names tied to AI and chip-capacity growth. Veeco Instruments stock rallies 17% as follow-on order signals growing chip demand
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a major driver of the stock move. What’s going on with Veeco Instruments stock on Tuesday?
• Negative Sentiment: Director Gordon Hunter sold 16,974 shares, which can pressure sentiment by raising questions about insider conviction. SEC filing for Gordon Hunter sale
• Negative Sentiment: SVP Adrian Devasahayam sold 10,000 shares, adding to the insider-selling overhang. SEC filing for Adrian Devasahayam sale

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.