Veeco Instruments (NASDAQ:VECO) Sets New 52-Week High – Time to Buy?

20 Apr 2026, 13:58 by Amy Steele · The Cerbat Gem

Veeco Instruments Inc. (NASDAQ:VECO – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $44.63 and last traded at $45.3980, with a volume of 164785 shares. The stock had previously closed at $42.97.

Wall Street Analyst Weigh In

Several research analysts recently commented on VECO shares. Zacks Research raised shares of Veeco Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Needham & Company LLC reissued a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Veeco Instruments in a research report on Wednesday, January 21st. Finally, Citigroup boosted their price objective on shares of Veeco Instruments from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Veeco Instruments presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.17.

Read Our Latest Stock Analysis on VECO

Veeco Instruments Trading Up 6.5%

The stock has a market cap of $2.76 billion, a P/E ratio of 77.84 and a beta of 1.11. The company has a current ratio of 4.75, a quick ratio of 3.20 and a debt-to-equity ratio of 0.26. The stock’s fifty day moving average price is $33.52 and its 200 day moving average price is $31.42.

Insider Activity at Veeco Instruments

In other news, CEO William John Miller sold 50,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $31.62, for a total transaction of $1,581,000.00. Following the sale, the chief executive officer owned 414,543 shares in the company, valued at approximately $13,107,849.66. The trade was a 10.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 2.70% of the company’s stock.

Institutional Trading of Veeco Instruments

A number of hedge funds have recently modified their holdings of VECO. Royal Bank of Canada boosted its holdings in shares of Veeco Instruments by 29.6% during the 1st 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 in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Veeco Instruments by 51.5% during the 1st quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company’s stock valued at $598,000 after buying an additional 10,122 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of 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 buying an additional 1,434 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of 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 buying an additional 283,099 shares in the last quarter. Finally, Woodline Partners LP bought a new position in Veeco Instruments in the 1st quarter worth about $618,000. Institutional investors own 98.46% of the company’s stock.

Veeco Instruments Company Profile

(Get Free Report)

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.