Veeco Instruments Inc. $VECO Shares Bought by Creative Planning

Creative Planning grew its position in shares of Veeco Instruments Inc. (NASDAQ:VECO) by 7.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 77,791 shares of the semiconductor company’s stock after buying an additional 5,198 shares during the quarter. Creative Planning owned 0.13% of Veeco Instruments worth $1,581,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company increased its stake in shares of Veeco Instruments by 6.6% during the first quarter. The Manufacturers Life Insurance Company now owns 2,930,315 shares of the semiconductor company’s stock worth $58,841,000 after acquiring an additional 182,143 shares during the period. Paradigm Capital Management Inc. NY boosted its holdings in Veeco Instruments by 20.0% in the 1st quarter. Paradigm Capital Management Inc. NY now owns 2,380,000 shares of the semiconductor company’s stock valued at $47,790,000 after purchasing an additional 397,200 shares in the last quarter. Geode Capital Management LLC increased its position in Veeco Instruments by 4.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,433,171 shares of the semiconductor company’s stock worth $29,125,000 after purchasing an additional 64,729 shares during the period. Raymond James Financial Inc. raised its stake in shares of Veeco Instruments by 55.8% during the 1st quarter. Raymond James Financial Inc. now owns 835,539 shares of the semiconductor company’s stock worth $16,778,000 after buying an additional 299,235 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Veeco Instruments by 4.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 530,956 shares of the semiconductor company’s stock worth $10,662,000 after buying an additional 22,186 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Veeco Instruments Trading Up 0.0%

Shares of VECO opened at $29.23 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.10 and a quick ratio of 3.43. Veeco Instruments Inc. has a 1-year low of $16.92 and a 1-year high of $34.45. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 28.66 and a beta of 1.31. The firm has a 50 day simple moving average of $29.37 and a 200-day simple moving average of $24.56.

Veeco Instruments (NASDAQ:VECO) last posted its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. Veeco Instruments had a return on equity of 7.38% and a net margin of 8.65%.The firm had revenue of $165.88 million for the quarter, compared to analyst estimates of $160.49 million. During the same quarter in the prior year, the company earned $0.46 EPS. Veeco Instruments’s revenue was down 10.2% on a year-over-year basis. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. Equities analysts forecast that Veeco Instruments Inc. will post 0.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, SVP Adrian Devasahayam sold 4,046 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $26.00, for a total value of $105,196.00. Following the completion of the transaction, the senior vice president owned 86,134 shares of the company’s stock, valued at $2,239,484. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO William John Miller sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. 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 514,543 shares in the company, valued at $16,465,376. The trade was a 4.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 61,911 shares of company stock valued at $1,781,550 in the last three months. 2.40% of the stock is currently owned by corporate insiders.

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.