Inspire Advisors LLC Makes New Investment in Veeco Instruments Inc. $VECO

Market Beat
2026.01.19 10:01
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Inspire Advisors LLC has acquired a new stake in Veeco Instruments Inc. (NASDAQ:VECO), purchasing 120,765 shares valued at approximately $3.68 million. This investment represents about 0.20% ownership in the semiconductor company. Other institutional investors have also increased their holdings in Veeco. Analysts have mixed ratings on the stock, with a consensus price target of $28.57. Veeco's recent quarterly earnings exceeded expectations, reporting $0.36 EPS and $165.88 million in revenue, despite a year-over-year revenue decline of 10.2%.