Veeco Instruments Inc. $VECO Holdings Decreased by Paradigm Capital Management Inc. NY

Paradigm Capital Management Inc. NY trimmed its holdings in Veeco Instruments Inc. (NASDAQ:VECO) by 9.5% in the 1st quarter, Holdings Channel reports. The fund owned 2,171,399 shares of the semiconductor company’s stock after selling 229,100 shares during the quarter. Veeco Instruments accounts for about 2.8% of Paradigm Capital Management Inc. NY’s investment portfolio, making the stock its 9th biggest position. Paradigm Capital Management Inc. NY’s holdings in Veeco Instruments were worth $73,524,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VECO. Smartleaf Asset Management LLC lifted its position in Veeco Instruments by 75.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 1,019 shares during the period. Rockefeller Capital Management L.P. grew its holdings in 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 worth $70,000 after purchasing an additional 1,370 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Veeco Instruments in the fourth quarter worth about $77,000. Johnson Financial Group Inc. bought a new position in shares of Veeco Instruments during the third quarter valued at approximately $91,000. Finally, Global Retirement Partners LLC increased its stake in shares of Veeco Instruments by 16,961.9% during 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.

Analyst Upgrades and Downgrades

VECO has been the topic of a number of analyst reports. Citigroup boosted their price target on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings raised Veeco Instruments from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, June 30th. Wall Street Zen upgraded Veeco Instruments to a “hold” rating in a research note on Saturday, June 6th. Barclays lifted their price objective 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. Finally, Zacks Research downgraded Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $40.60.

Veeco Instruments Trading Down 5.3%

Shares of NASDAQ:VECO opened at $51.66 on Friday. 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 1 year low of $19.29 and a 1 year high of $86.63. The company has a market cap of $3.15 billion, a P/E ratio of 135.95 and a beta of 1.34. The stock’s fifty day moving average price is $62.84 and its 200-day moving average price is $46.11.

Veeco Instruments (NASDAQ:VECO) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 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 business had revenue of $158.34 million during the quarter, compared to the consensus estimate of $160.07 million. During the same quarter in the previous year, the business posted $0.37 earnings per share. Veeco Instruments’s quarterly revenue 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. Sell-side analysts expect that Veeco Instruments Inc. will post 1.1 earnings per share for the current year.

Insider Transactions at Veeco Instruments

In other news, SVP Adrian Devasahayam sold 10,000 shares of Veeco Instruments stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $65.00, for a total value of $650,000.00. Following the completion of the sale, the senior vice president directly owned 85,115 shares in the company, valued at $5,532,475. The trade was a 10.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Susan Wilkerson sold 15,506 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $69.56, for a total transaction of $1,078,597.36. Following the transaction, the senior vice president directly owned 27,468 shares of the company’s stock, valued at $1,910,674.08. The trade was a 36.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 339,055 shares of company stock valued at $20,705,270. Company insiders own 2.70% of the company’s stock.

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.