Nova Ltd. $NVMI Stock Position Lifted by Quantinno Capital Management LP

Quantinno Capital Management LP grew its stake in shares of Nova Ltd. (NASDAQ:NVMI) by 18.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,908 shares of the semiconductor company’s stock after acquiring an additional 1,981 shares during the period. Quantinno Capital Management LP’s holdings in Nova were worth $5,606,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. grew its stake in Nova by 47.5% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,166,073 shares of the semiconductor company’s stock valued at $940,683,000 after purchasing an additional 697,210 shares in the last quarter. Invesco Ltd. increased its position in Nova by 185.4% in the 3rd quarter. Invesco Ltd. now owns 607,344 shares of the semiconductor company’s stock worth $194,144,000 after purchasing an additional 394,544 shares during the last quarter. Phoenix Financial Ltd. raised its stake in shares of Nova by 286.3% during the 4th quarter. Phoenix Financial Ltd. now owns 508,641 shares of the semiconductor company’s stock worth $167,115,000 after purchasing an additional 376,974 shares in the last quarter. Norges Bank acquired a new stake in shares of Nova during the 4th quarter valued at about $109,568,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Nova during the 4th quarter valued at about $56,158,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NVMI. Jefferies Financial Group reissued a “buy” rating and issued a $600.00 price target on shares of Nova in a research note on Thursday. Needham & Company LLC raised their price objective on shares of Nova from $500.00 to $640.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Morgan Stanley boosted their target price on shares of Nova from $494.00 to $540.00 and gave the stock an “equal weight” rating in a research report on Monday, July 6th. Weiss Ratings lowered shares of Nova from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Finally, Wall Street Zen upgraded shares of Nova from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $552.22.

Nova Trading Down 5.2%

NVMI opened at $381.32 on Friday. The business has a 50 day moving average of $482.75 and a 200-day moving average of $476.29. The stock has a market capitalization of $12.12 billion, a price-to-earnings ratio of 47.55, a P/E/G ratio of 2.91 and a beta of 1.78. Nova Ltd. has a 1-year low of $232.73 and a 1-year high of $615.99.

Nova (NASDAQ:NVMI) last announced its earnings results on Thursday, August 6th. The semiconductor company reported $2.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.41 by $0.10. Nova had a net margin of 29.21% and a return on equity of 21.77%. The business had revenue of $254.96 million for the quarter, compared to analyst estimates of $250.33 million. During the same quarter in the previous year, the firm posted $2.20 earnings per share. Nova’s revenue was up 15.9% compared to the same quarter last year. Nova has set its Q3 2026 guidance at 2.700-2.850 EPS. Equities analysts predict that Nova Ltd. will post 9.46 EPS for the current year.

Insider Activity at Nova

In other news, Director Sarit Sagiv sold 454 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $536.52, for a total transaction of $243,580.08. Following the completion of the transaction, the director owned 1,951 shares of the company’s stock, valued at approximately $1,046,750.52. This represents a 18.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yaniv Garty sold 426 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $514.49, for a total transaction of $219,172.74. Following the transaction, the director directly owned 2,038 shares of the company’s stock, valued at $1,048,530.62. This represents a 17.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 7,798 shares of company stock worth $4,125,266. 1.00% of the stock is owned by company insiders.

Nova 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.