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 the firm’s stock in a transaction dated 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 transaction, the senior vice president owned 27,468 shares of the company’s stock, valued at $1,910,674.08. This trade represents a 36.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

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

Veeco Instruments Stock Performance

Shares of VECO stock opened at $77.48 on Monday. The stock has a market capitalization of $4.73 billion, a PE ratio of 203.90 and a beta of 1.39. The business’s 50 day simple moving average is $53.29 and its 200 day simple moving average is $39.09. 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 $78.60.

Veeco Instruments (NASDAQ:VECO) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share (EPS) 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 firm had revenue of $158.34 million for the quarter, compared to the consensus estimate of $160.07 million. During the same quarter in the previous year, the business posted $0.37 EPS. The firm’s revenue for the quarter was down 5.4% compared to the same quarter last year. 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, research analysts forecast that Veeco Instruments Inc. will post 1.1 earnings per share for the current year.

Institutional Investors Weigh In On Veeco Instruments

A number of large investors have recently bought and sold shares of the stock. Smartleaf Asset Management LLC raised its holdings in shares of Veeco Instruments by 75.6% during the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 1,019 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of Veeco Instruments by 125.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company’s stock worth $70,000 after purchasing an additional 1,370 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Veeco Instruments in the 4th quarter valued at about $77,000. Johnson Financial Group Inc. bought a new stake in Veeco Instruments in the 3rd quarter valued at about $91,000. Finally, Global Retirement Partners LLC increased its position in Veeco Instruments by 16,961.9% in the 4th 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 in the last quarter. 98.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Citigroup boosted their target price on shares of Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Wall Street Zen raised Veeco Instruments to a “hold” rating in a research report on Saturday, June 6th. Zacks Research raised Veeco Instruments from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Needham & Company LLC restated a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. Finally, Barclays raised their target price on Veeco Instruments from $30.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. One investment 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. According to MarketBeat, Veeco Instruments presently has an average rating of “Hold” and an average target price of $40.60.

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.