Nova (NASDAQ:NVMI) Director Sells $212,719.20 in Stock

Nova Ltd. (NASDAQ:NVMI) Director Sarit Sagiv sold 366 shares of Nova stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $581.20, for a total transaction of $212,719.20. Following the completion of the sale, the director owned 2,405 shares in the company, valued at $1,397,786. This trade represents a 13.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sarit Sagiv also recently made the following trade(s):

• On Tuesday, June 23rd, Sarit Sagiv sold 454 shares of Nova stock. The stock was sold at an average price of $536.52, for a total transaction of $243,580.08.
• On Monday, May 18th, Sarit Sagiv sold 426 shares of Nova stock. The shares were sold at an average price of $514.49, for a total transaction of $219,172.74.

Nova Trading Down 8.5%

Nova stock opened at $488.58 on Friday. Nova Ltd. has a 1-year low of $232.73 and a 1-year high of $615.99. The company has a fifty day simple moving average of $522.16 and a 200 day simple moving average of $456.78. The company has a market cap of $15.53 billion, a P/E ratio of 60.92, a price-to-earnings-growth ratio of 3.87 and a beta of 1.75.

Nova (NASDAQ:NVMI) last issued its quarterly earnings results on Thursday, May 14th. The semiconductor company reported $2.33 EPS for the quarter, topping the consensus estimate of $2.20 by $0.13. Nova had a net margin of 29.21% and a return on equity of 21.77%. The firm had revenue of $235.31 million for the quarter, compared to analysts’ expectations of $227.02 million. During the same period in the previous year, the firm posted $2.18 EPS. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. On average, equities research analysts forecast that Nova Ltd. will post 9.44 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on NVMI. Weiss Ratings raised Nova from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Citigroup upped their price objective on Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Wall Street Zen raised Nova from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Jefferies Financial Group raised their target price on shares of Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Finally, Zacks Research downgraded shares of Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nova currently has an average rating of “Moderate Buy” and a consensus target price of $545.50.

Institutional Investors Weigh In On Nova

Large investors have recently added to or reduced their stakes in the business. Strategic Investment Advisors MI bought a new position in Nova during the first quarter worth $109,000. Altshuler Shaham Ltd raised its position in shares of Nova by 87.7% in the first quarter. Altshuler Shaham Ltd now owns 21,351 shares of the semiconductor company’s stock valued at $9,151,000 after purchasing an additional 9,974 shares during the period. Amundi raised its position in shares of Nova by 139.0% in the first quarter. Amundi now owns 54,473 shares of the semiconductor company’s stock valued at $23,657,000 after purchasing an additional 31,678 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Nova by 35.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 379 shares of the semiconductor company’s stock worth $165,000 after buying an additional 99 shares during the last quarter. Finally, Empowered Funds LLC acquired a new stake in shares of Nova during the 1st quarter worth about $356,000. Institutional investors own 82.99% of the company’s stock.

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.