Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Veeco Instruments Inc shares valued at $225,705 were sold by Devasahayam Adrian on Jun 05 ’25. At $20.50 per share, Devasahayam Adrian sold 11,010 shares. The insider’s holdings dropped to 89,254 shares worth approximately $1.92 million following the completion of this transaction.
Also, Devasahayam Adrian purchased 11,010 shares, netting a total of over 225,705 in proceeds.
Before that, KIERNAN JOHN P had sold 2,500 shares from its account. In a trade valued at $51,600, the SVP & CHIEF FINANCIAL OFFICER traded Veeco Instruments Inc shares for $20.64 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $1.78 million.
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
On last trading session,, Veeco Instruments Inc [NASDAQ: VECO] rose 4.46% to $21.55. The stock’s lowest price that day was $19.99, but it reached a high of $21.715 in the same session. During the last five days, there has been a surge of approximately 1.08%. Over the course of the year, Veeco Instruments Inc shares have dropped approximately -53.87%.
Support And Resistance Levels for Veeco Instruments Inc (VECO)
RSI (Relative Strength Index) is 57.04 on the 14-day chart, showing neutral technical sentiment.
Is Veeco Instruments Inc subject to short interest?
Stocks of Veeco Instruments Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.3 million shares to 4.23 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 4.53 million shares. A decline of -7.19% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 7.3 of the overall float, the days-to-cover ratio (short ratio) decline to 7.3.
Which companies own the most shares of Veeco Instruments Inc (VECO)?
In terms of Veeco Instruments Inc share price expectations, FactSet research, analysts set an average price target of 24 in the next 12 months, up nearly 16.34% from the previous closing price of $20.63. Analysts anticipate Veeco Instruments Inc stock to reach 55 by 2025, with the lowest price target being 24. In spite of this, 5 analysts ranked Veeco Instruments Inc stock as Buy at the end of 2025. On January 23, 2023, Barclays assigned a price target of “an Equal weight” to the stock and downgraded coverage with a $20.
