Rokos Capital Management LLP Acquires Shares of 95,300 Veeco Instruments Inc. $VECO

Rokos Capital Management LLP acquired a new position in Veeco Instruments Inc. (NASDAQ:VECO) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 95,300 shares of the semiconductor company’s stock, valued at approximately $3,228,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada increased its position in shares of Veeco Instruments by 29.6% during the first quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company’s stock valued at $2,692,000 after buying an additional 30,646 shares during the period. AQR Capital Management LLC lifted its holdings in Veeco Instruments by 51.5% in the first quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company’s stock worth $598,000 after buying an additional 10,122 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Veeco Instruments by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,043 shares of the semiconductor company’s stock valued at $664,000 after acquiring an additional 1,434 shares in the last quarter. Millennium Management LLC boosted its position in Veeco Instruments by 148.0% during the 1st quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company’s stock valued at $9,526,000 after acquiring an additional 283,099 shares in the last quarter. Finally, Woodline Partners LP purchased a new position in shares of Veeco Instruments during the 1st quarter worth approximately $618,000. 98.46% of the stock is owned by hedge funds and other institutional investors.

Veeco Instruments Trading Down 6.1%

NASDAQ:VECO opened at $48.49 on Tuesday. The firm has a market capitalization of $2.96 billion, a P/E ratio of 127.61 and a beta of 1.34. The company has a debt-to-equity ratio of 0.26, a current ratio of 4.23 and a quick ratio of 2.86. Veeco Instruments Inc. has a one year low of $19.29 and a one year high of $86.63. The company’s 50-day simple moving average is $62.70 and its 200 day simple moving average is $46.33.

Veeco Instruments (NASDAQ:VECO) last announced its earnings results 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). Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. The business had revenue of $158.34 million for the quarter, compared to the consensus estimate of $160.07 million. During the same period in the prior year, the business posted $0.37 EPS. Veeco Instruments’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. As a group, analysts forecast that Veeco Instruments Inc. will post 1.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on VECO. Wall Street Zen raised Veeco Instruments to a “hold” rating in a research report on Saturday, June 6th. Zacks Research lowered Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Weiss Ratings raised Veeco Instruments from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. Citigroup increased their price objective on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Barclays raised their price objective on Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Veeco Instruments has a consensus rating of “Hold” and an average target price of $40.60.

Insider Activity at Veeco Instruments

In other Veeco Instruments news, Director Richard A. Damore sold 43,701 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $60.71, for a total value of $2,653,087.71. Following the transaction, the director owned 112,594 shares of the company’s stock, valued at approximately $6,835,581.74. This represents a 27.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William John Miller sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $58.62, for a total value of $2,931,000.00. Following the completion of the transaction, the chief executive officer directly owned 369,570 shares in the company, valued at $21,664,193.40. The trade was a 11.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 339,055 shares of company stock valued at $20,705,270 in the last 90 days. 2.70% of the stock is owned by company insiders.

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.