Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Veeco Instruments Inc shares valued at $51,600 were sold by KIERNAN JOHN P on May 12 ’25. At $20.64 per share, KIERNAN JOHN P sold 2,500 shares. The insider’s holdings dropped to 82,680 shares worth approximately $1.64 million following the completion of this transaction.
Also, KIERNAN JOHN P purchased 2,500 shares, netting a total of over 51,542 in proceeds.
Before that, KIERNAN JOHN P had added 2,500 shares to its account. In a trade valued at $46,967, the Officer bought Veeco Instruments Inc shares for $18.79 each.
As published in a research note from Citigroup on January 06, 2025, Veeco Instruments Inc [VECO] has been rated up from a Neutral to a Buy and the price target has been revised to $33. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid July. As of September 13, 2023, Citigroup has initiated its “Buy” rating for VECO. Earlier on September 01, 2023, Needham initiated its rating. Their recommendation was “a Buy” for VECO stock.
Analyzing VECO Stock Performance
During the last five days, there has been a surge of approximately 0.61%. Over the course of the year, Veeco Instruments Inc shares have dropped approximately -26.16%. Shares of the company reached a 52-week high of $29.33 on 01/07/25 and a 52-week low of $16.92 on 04/08/25.
Support And Resistance Levels for Veeco Instruments Inc (VECO)
According to the 24-hour chart, there is a support level at 19.44, which, if violated, would cause prices to drop to 19.08. In the upper region, resistance lies at 20.28. The next price resistance is at 20.76. RSI (Relative Strength Index) is 49.80 on the 14-day chart, showing neutral technical sentiment.
