The Manufacturers Life Insurance Company Has $3.86 Million Holdings in Nova Ltd. $NVMI

The Manufacturers Life Insurance Company decreased its holdings in Nova Ltd. (NASDAQ:NVMI) by 17.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,037 shares of the semiconductor company’s stock after selling 1,848 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Nova were worth $3,864,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Wasatch Advisors LP increased its holdings in Nova by 4.9% during the 2nd quarter. Wasatch Advisors LP now owns 2,200,948 shares of the semiconductor company’s stock worth $605,701,000 after purchasing an additional 102,250 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of 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. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Nova by 7.0% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,493,657 shares of the semiconductor company’s stock valued at $490,502,000 after purchasing an additional 98,000 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Nova by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 1,128,957 shares of the semiconductor company’s stock valued at $377,402,000 after buying an additional 15,195 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Nova by 4.4% during the fourth quarter. Invesco Ltd. now owns 634,284 shares of the semiconductor company’s stock worth $208,293,000 after buying an additional 26,940 shares in the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Insider Activity at Nova

In related news, Director Sarit Sagiv sold 454 shares of the 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 in the company, valued at approximately $1,046,750.52. This represents a 18.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yaniv Garty sold 426 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $514.49, for a total transaction of $219,172.74. Following the sale, the director owned 2,038 shares of the company’s stock, valued at $1,048,530.62. This trade 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. Insiders have sold a total of 7,798 shares of company stock worth $4,125,266 in the last ninety days. Corporate insiders own 1.00% of the company’s stock.

Nova Trading Up 3.1%

NVMI stock opened at $393.02 on Friday. The stock’s fifty day simple moving average is $480.56 and its two-hundred day simple moving average is $475.70. Nova Ltd. has a 1-year low of $232.73 and a 1-year high of $615.99. The stock has a market cap of $12.49 billion, a P/E ratio of 48.64, a P/E/G ratio of 2.76 and a beta of 1.78.

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, beating the consensus estimate of $2.41 by $0.10. The firm had revenue of $254.96 million during the quarter, compared to analyst estimates of $250.33 million. Nova had a return on equity of 22.13% and a net margin of 28.84%.The business’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the firm posted $2.20 EPS. Nova has set its Q3 2026 guidance at 2.700-2.850 EPS. As a group, analysts forecast that Nova Ltd. will post 9.46 earnings per share for the current fiscal year.

Trending Headlines about Nova

Here are the key news stories impacting Nova this week:

• Positive Sentiment: Nova reported record second-quarter revenue of approximately $255.0 million, up 8% sequentially and 16% year over year. Earnings were $2.51 per share, exceeding the $2.41 consensus estimate and rising from $2.20 a year earlier. Nova Reports Record Second Quarter 2026 Financial Results
• Positive Sentiment: Third-quarter guidance also surpassed expectations: Nova forecast EPS of $2.70–$2.85 versus the $2.64 analyst consensus, and revenue of $277 million–$287 million versus expectations of $276.7 million. This suggests continued demand for the company’s semiconductor measurement products. Nova Ltd. Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Needham lowered its price target to $570 from $640 but maintained a “Buy” rating, implying substantial upside from the current trading level. Benzinga
• Positive Sentiment: Cantor Fitzgerald reduced its target to $500 from $600 while retaining an “Overweight” rating, indicating analysts remain constructive despite more conservative valuations. Benzinga
• Neutral Sentiment: The target reductions may reflect valuation or broader semiconductor-sector caution. Nova trades at a relatively elevated earnings multiple, so further gains may depend on continued execution and delivery of its strong guidance.

Analyst Ratings Changes

Several brokerages have weighed in on NVMI. Jefferies Financial Group restated a “buy” rating and set a $600.00 price objective on shares of Nova in a research note on Thursday. Cantor Fitzgerald dropped their price target on shares of Nova from $600.00 to $500.00 and set an “overweight” rating on the stock in a research report on Friday. Evercore set a $475.00 price target on shares of Nova in a report on Friday. Zacks Research cut shares of Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, Barclays increased their price objective on shares of Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $519.44.

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.