Adrian Devasahayam - Veeco Instruments Senior Management
| VECO Stock | USD 27.97 0.57 2.08% |
Executive
Adrian Devasahayam is Senior Management of Veeco Instruments
| Age | 53 |
| Address | 1 Terminal Drive, Plainview, NY, United States, 11803 |
| Phone | 516 677 0200 |
| Web | https://www.veeco.com |
Latest Insider Transactions
Adrian Devasahayam Latest Insider Activity
Tracking and analyzing the buying and selling activities of Adrian Devasahayam against Veeco Instruments stock is an integral part of due diligence when investing in Veeco Instruments. Adrian Devasahayam insider activity provides valuable insight into whether Veeco Instruments is net buyers or sellers over its current business cycle. Note, Veeco Instruments insiders must abide by specific rules, including filing SEC forms every time they buy or sell Veeco Instruments'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Adrian Devasahayam over three months ago Acquisition by Adrian Devasahayam of 757 shares of Veeco Instruments at 25.959 subject to Rule 16b-3 | ||
Adrian Devasahayam over three months ago Acquisition by Adrian Devasahayam of 2800 shares of Veeco Instruments subject to Rule 16b-3 | ||
Adrian Devasahayam over six months ago Disposition of 5000 shares by Adrian Devasahayam of Veeco Instruments at 36.41 subject to Rule 16b-3 |
Veeco Instruments Management Efficiency
The company has return on total asset (ROA) of 0.0457 % which means that it generated a profit of $0.0457 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1156 %, meaning that it created $0.1156 on every $100 dollars invested by stockholders. Veeco Instruments' management efficiency ratios could be used to measure how well Veeco Instruments manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.07, while Return On Tangible Assets are likely to drop (0.03). At this time, Veeco Instruments' Non Current Assets Total are very stable compared to the past year. As of the 25th of November 2024, Intangible Assets is likely to grow to about 67.9 M, while Total Assets are likely to drop about 719.1 M.Similar Executives
| Found 7 records | EXECUTIVE Age | ||
| Susan Winchester | Applied Materials | 61 | |
| Ron Naftali | Applied Materials | N/A | |
| Joji Gill | Applied Materials | 59 | |
| Michael Sullivan | Applied Materials | N/A | |
| Timothy Deane | Applied Materials | 58 | |
| Igor Samartsev | IPG Photonics | 61 | |
| John Weaver | IPG Photonics | N/A | |
Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0457 |
Veeco Instruments Leadership Team
Elected by the shareholders, the Veeco Instruments' board of directors comprises two types of representatives: Veeco Instruments inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Veeco. The board's role is to monitor Veeco Instruments' management team and ensure that shareholders' interests are well served. Veeco Instruments' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Veeco Instruments' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Susan Wilkerson, Senior Services | ||
| Adrian Devasahayam, Senior Management | ||
| Monica DeMarco, Senior Experience | ||
| John Kiernan, Chief Accounting Officer, Sr. VP of Fin., Corporate Controller and Treasurer | ||
| Peter Porshnev, Senior Engineering | ||
| Kirk Mackey, Head VP | ||
| Robert Bradshaw, Chief Officer | ||
| Mark Harris, Senior Operations | ||
| Anthony Bencivenga, Head Relations | ||
| Anthony Pappone, Head Relations | ||
| William Miller, CEO Director | ||
| Ajit Paranjpe, Chief Officer | ||
| JeanCharles Bossert, Senior Operations | ||
| John CPA, Senior CFO |
Veeco Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Veeco Instruments a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0457 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 1.55 B | ||||
| Shares Outstanding | 56.78 M | ||||
| Shares Owned By Insiders | 2.40 % | ||||
| Shares Owned By Institutions | 97.60 % | ||||
| Number Of Shares Shorted | 4.91 M | ||||
| Price To Earning | 22.71 X |
Pair Trading with Veeco Instruments
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veeco Instruments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veeco Instruments will appreciate offsetting losses from the drop in the long position's value.Moving together with Veeco Stock
Moving against Veeco Stock
| 0.74 | EHGO | Eshallgo Class A | PairCorr |
| 0.68 | CWAN | Clearwater Analytics | PairCorr |
| 0.63 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.44 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.34 | KLIC | Kulicke and Soffa | PairCorr |
The ability to find closely correlated positions to Veeco Instruments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veeco Instruments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veeco Instruments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veeco Instruments to buy it.
The correlation of Veeco Instruments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veeco Instruments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veeco Instruments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Veeco Instruments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instruments. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instruments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share 1.39 | Revenue Per Share 12.611 | Quarterly Revenue Growth 0.042 | Return On Assets 0.0457 |
The market value of Veeco Instruments is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instruments' value that differs from its market value or its book value, called intrinsic value, which is Veeco Instruments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instruments' market value can be influenced by many factors that don't directly affect Veeco Instruments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeco Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instruments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.