1,781 Shares in Nova Ltd. $NVMI Purchased by Vision Retirement LLC

Vision Retirement LLC purchased a new stake in shares of Nova Ltd. (NASDAQ:NVMI) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,781 shares of the semiconductor company’s stock, valued at approximately $773,000.

Other hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC purchased a new stake in shares of Nova in the 4th quarter worth approximately $29,000. Measured Wealth Private Client Group LLC purchased a new position in Nova during the 3rd quarter worth $40,000. CIBC Private Wealth Group LLC increased its holdings 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 acquiring an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Nova by 2,042.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 143 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its position in shares of Nova by 51.6% in the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock valued at $69,000 after acquiring an additional 128 shares during the period. 82.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on NVMI shares. Citigroup raised their price target on shares of Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Needham & Company LLC increased their price target on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $600.00 target price on shares of Nova in a research report on Tuesday. Evercore reaffirmed an “outperform” rating and issued a $600.00 price target on shares of Nova in a research note on Friday, May 15th. Finally, Zacks Research lowered shares of Nova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $556.67.

Insider Transactions at Nova

In related news, Director Sarit Sagiv sold 454 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $536.52, for a total transaction of $243,580.08. Following the completion of the transaction, the director directly owned 1,951 shares in the company, valued at $1,046,750.52. This trade represents a 18.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gabriel Waisman sold 2,966 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $501.30, for a total transaction of $1,486,855.80. Following the completion of the transaction, the chief executive officer directly owned 28,714 shares of the company’s stock, valued at approximately $14,394,328.20. The trade was a 9.36% 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 sold a total of 7,798 shares of company stock worth $4,125,266 in the last 90 days. Insiders own 1.00% of the company’s stock.

Nova Stock Performance

NVMI opened at $437.46 on Friday. The stock has a market capitalization of $13.90 billion, a PE ratio of 54.55, a P/E/G ratio of 3.17 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 business’s 50 day moving average price is $508.39 and its 200 day moving average price is $472.19.

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