Camtek Ltd. (NASDAQ:CAMT) Shares Purchased by Olympiad Research LP

Olympiad Research LP increased its position in shares of Camtek Ltd. (NASDAQ:CAMT) by 136.9% during the third quarter, Holdings Channel.com reports. The fund owned 7,504 shares of the semiconductor company’s stock after acquiring an additional 4,337 shares during the quarter. Olympiad Research LP’s holdings in Camtek were worth $599,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Hood River Capital Management LLC grew its holdings in Camtek by 1.9% during the first quarter. Hood River Capital Management LLC now owns 691,780 shares of the semiconductor company’s stock worth $57,950,000 after acquiring an additional 13,094 shares during the period. Lord Abbett & CO. LLC acquired a new position in shares of Camtek in the 1st quarter valued at $55,026,000. Y.D. More Investments Ltd boosted its position in shares of Camtek by 723.7% in the 2nd quarter. Y.D. More Investments Ltd now owns 626,973 shares of the semiconductor company’s stock valued at $78,709,000 after purchasing an additional 550,854 shares during the period. Meitav Investment House Ltd. boosted its position in shares of Camtek by 14.1% in the 3rd quarter. Meitav Investment House Ltd. now owns 373,044 shares of the semiconductor company’s stock valued at $29,887,000 after purchasing an additional 46,016 shares during the period. Finally, Millennium Management LLC boosted its position in shares of Camtek by 34.0% in the 2nd quarter. Millennium Management LLC now owns 217,617 shares of the semiconductor company’s stock valued at $27,254,000 after purchasing an additional 55,234 shares during the period. 41.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CAMT. Northland Securities upgraded Camtek from a “market perform” rating to an “outperform” rating and set a $99.00 price target for the company in a research report on Monday, August 5th. Northland Capmk upgraded Camtek from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 5th. Needham & Company LLC reiterated a “buy” rating and issued a $140.00 price target on shares of Camtek in a research report on Friday, August 2nd. StockNews.com upgraded Camtek from a “sell” rating to a “hold” rating in a research report on Friday, October 25th. Finally, B. Riley decreased their price objective on Camtek from $150.00 to $140.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $116.57.

Camtek Trading Up 6.0 %

Shares of NASDAQ CAMT opened at $78.95 on Thursday. The firm has a market capitalization of $3.58 billion, a PE ratio of 40.28, a PEG ratio of 1.49 and a beta of 1.38. The company has a current ratio of 5.21, a quick ratio of 4.29 and a debt-to-equity ratio of 0.42. Camtek Ltd. has a one year low of $54.57 and a one year high of $140.50. The business has a 50-day moving average price of $80.12 and a two-hundred day moving average price of $95.53.

About Camtek

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.