Nova Ltd. $NVMI is Y.D. More Investments Ltd’s 3rd Largest Position

Y.D. More Investments Ltd increased its position in Nova Ltd. (NASDAQ:NVMI) by 15.3% during the first quarter, HoldingsChannel.com reports. The firm owned 377,579 shares of the semiconductor company’s stock after acquiring an additional 50,154 shares during the quarter. Nova makes up approximately 6.2% of Y.D. More Investments Ltd’s holdings, making the stock its 3rd largest holding. Y.D. More Investments Ltd’s holdings in Nova were worth $161,888,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NVMI. Smartleaf Asset Management LLC bought a new stake in shares of Nova in the 4th quarter worth $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of Nova during the third quarter valued at $40,000. CIBC Private Wealth Group LLC boosted its position in shares of Nova by 75.7% during the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 56 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position in shares of Nova by 2,042.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock valued at $48,000 after buying an additional 143 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its position in shares of Nova by 51.6% during the first quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock valued at $69,000 after buying an additional 128 shares during the last quarter. 82.99% of the stock is owned by institutional investors.

Insider Buying and Selling at Nova

In other news, CEO Gabriel Waisman sold 2,966 shares of the stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $501.30, for a total value of $1,486,855.80. Following the transaction, the chief executive officer owned 28,714 shares in the company, valued at $14,394,328.20. This represents a 9.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eitan Oppenhaim sold 1,290 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $581.20, for a total transaction of $749,748.00. Following the completion of the transaction, the director directly owned 6,421 shares in the company, valued at approximately $3,731,885.20. The trade was a 16.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,798 shares of company stock worth $4,125,266 over the last 90 days. 1.00% of the stock is owned by company insiders.

Nova Stock Performance

Nova stock opened at $475.90 on Monday. The stock has a market cap of $15.13 billion, a PE ratio of 59.34, a price-to-earnings-growth ratio of 3.44 and a beta of 1.74. Nova Ltd. has a one year low of $232.73 and a one year high of $615.99. The stock has a fifty day moving average of $514.17 and a 200 day moving average of $468.83.

Nova (NASDAQ:NVMI) last posted its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.13. The company had revenue of $235.31 million for the quarter, compared to the consensus estimate of $227.02 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.Nova’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.18 earnings per share. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, sell-side analysts predict that Nova Ltd. will post 9.46 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Zacks Research lowered Nova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Morgan Stanley raised their price target on shares of Nova from $494.00 to $540.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. Jefferies Financial Group lifted their price target on shares of Nova from $520.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Citigroup boosted their price objective on shares of Nova from $520.00 to $595.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, Evercore restated an “outperform” rating and set a $600.00 price objective on shares of Nova in a research report on Friday, May 15th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $551.25.

Nova Company Profile

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.