Old West Investment Management LLC Buys 38,114 Shares of Veeco Instruments Inc. $VECO

NodeGuardian · 2026-02-11T22:58:03+00:00

Old West Investment Management LLC raised its stake in Veeco Instruments by 129.1%, acquiring 38,114 additional shares for about $2.06 million. Despite a "buy" rating from Citigroup, analysts maintain a "Hold" consensus with a target price of $27.50, following strong quarterly earnings but a dip in revenue year-over-year.

NodeGuardian

2026-02-11 22:58:03

Abstract generation in progress

Old West Investment Management LLC significantly increased its stake in Veeco Instruments Inc. by 129.1%, purchasing an additional 38,114 shares, bringing its total ownership to 67,632 shares valued at approximately $2.06 million. Despite a recent “buy” rating from Citigroup, the consensus among analysts for Veeco Instruments remains a “Hold” with a target price of $27.50. The semiconductor company recently reported strong quarterly earnings, beating EPS estimates, although revenue was down year-over-year.

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