Nova Ltd. $NVMI Shares Sold by Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management cut its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 9.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,865 shares of the semiconductor company’s stock after selling 14,000 shares during the period. Nova accounts for approximately 6.0% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s holdings, making the stock its 5th biggest holding. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management owned about 0.44% of Nova worth $41,193,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in Nova in the third quarter valued at approximately $10,153,000. American Century Companies Inc. grew its holdings in Nova by 9.6% during the 2nd quarter. American Century Companies Inc. now owns 147,657 shares of the semiconductor company’s stock worth $40,635,000 after acquiring an additional 12,957 shares during the period. Congress Asset Management Co. raised its position in shares of Nova by 2.7% during the 3rd quarter. Congress Asset Management Co. now owns 286,076 shares of the semiconductor company’s stock valued at $91,447,000 after acquiring an additional 7,438 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Nova by 33.0% in the 2nd quarter. Cetera Investment Advisers now owns 6,662 shares of the semiconductor company’s stock valued at $1,833,000 after purchasing an additional 1,653 shares during the period. Finally, Y.D. More Investments Ltd lifted its stake in shares of Nova by 6.8% in the 2nd quarter. Y.D. More Investments Ltd now owns 318,035 shares of the semiconductor company’s stock valued at $89,781,000 after purchasing an additional 20,114 shares during the period. Institutional investors own 82.99% of the company’s stock.

Analyst Ratings Changes

NVMI has been the subject of a number of analyst reports. Benchmark lifted their price objective on Nova from $280.00 to $345.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Jefferies Financial Group restated a “buy” rating and set a $520.00 target price on shares of Nova in a report on Thursday, February 12th. Evercore reiterated an “outperform” rating and issued a $485.00 price target on shares of Nova in a research report on Friday, February 13th. Morgan Stanley reissued an “outperform” rating and set a $453.00 price objective on shares of Nova in a research note on Friday, February 13th. Finally, Bank of America upped their target price on shares of Nova from $380.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nova has an average rating of “Moderate Buy” and an average target price of $439.00.

Nova Stock Performance

Shares of NVMI stock opened at $442.67 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 5.47 and a current ratio of 6.28. Nova Ltd. has a 52 week low of $153.99 and a 52 week high of $507.27. The company’s 50 day moving average price is $403.96 and its two-hundred day moving average price is $336.50. The company has a market capitalization of $14.07 billion, a P/E ratio of 55.26, a price-to-earnings-growth ratio of 3.30 and a beta of 1.84.

Nova (NASDAQ:NVMI) last released its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.13 by $0.01. Nova had a net margin of 29.44% and a return on equity of 22.90%. The company had revenue of $222.62 million during the quarter, compared to analysts’ expectations of $220.43 million. During the same quarter in the prior year, the company earned $1.94 earnings per share. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. On average, analysts expect that Nova Ltd. will post 7.52 earnings per share for the current fiscal year.

About Nova

Nova Measuring Instruments Ltd (NASDAQ: NVMI) develops and supplies advanced metrology and process control systems for the semiconductor manufacturing industry. The company’s core product line includes spectroscopic ellipsometry and scatterometry tools designed to measure film thickness, critical dimensions, overlay alignment and other key parameters that drive yield and performance in integrated circuit fabrication.

Founded in 1993 and headquartered in Rehovot, Israel, Nova Measuring Instruments has established itself as a critical partner to leading semiconductor foundries and device manufacturers.