Veeco Instruments Inc’s recent filing unveils that its SVP – PRODUCT LINE DEVELOPMENT Devasahayam Adrian unloaded Company’s shares for reported $0.23 million on Jun 05 ’25. In the deal valued at $20.50 per share,11,010 shares were sold. As a result of this transaction, Devasahayam Adrian now holds 89,254 shares worth roughly $1.89 million.
Then, Devasahayam Adrian bought 11,010 shares, generating $225,705 in total proceeds.
Before that, KIERNAN JOHN P sold 2,500 shares. Veeco Instruments Inc shares valued at $51,600 were divested by the SVP & CHIEF FINANCIAL OFFICER at a price of $20.64 per share. As a result of the transaction, KIERNAN JOHN P now holds 82,680 shares, worth roughly $1.75 million.
Citigroup upgraded its Veeco Instruments Inc [VECO] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in mid July from “a Buy” to “a Neutral”. Citigroup began covering VECO with “Buy” recommendation on September 13, 2023. Needham started covering the stock on September 01, 2023. It rated VECO as “a Buy”.
Price Performance Review of VECO
On Monday, Veeco Instruments Inc [NASDAQ:VECO] saw its stock jump 3.60% to $21.17. Over the last five days, the stock has lost -1.33%. Veeco Instruments Inc shares have fallen nearly -21.03% since the year began. Nevertheless, the stocks have fallen -53.75% over the past one year. While a 52-week high of $49.25 was reached on 01/07/25, a 52-week low of $16.92 was recorded on 04/08/25.
Levels Of Support And Resistance For VECO Stock
The 24-hour chart illustrates a support level at 20.78, which if violated will result in even more drops to 20.39. On the upside, there is a resistance level at 21.43. A further resistance level may holdings at 21.70.
