Capital World Investors Sells 18,971 Shares of Nova Ltd. $NVMI

Capital World Investors trimmed its position in shares of Nova Ltd. (NASDAQ:NVMI) by 3.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 544,097 shares of the semiconductor company’s stock after selling 18,971 shares during the quarter. Capital World Investors’ holdings in Nova were worth $173,926,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of Nova by 3.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,200 shares of the semiconductor company’s stock valued at $375,000 after acquiring an additional 37 shares during the last quarter. Bank Hapoalim BM grew its position in Nova by 5.1% during the 3rd quarter. Bank Hapoalim BM now owns 910 shares of the semiconductor company’s stock worth $291,000 after acquiring an additional 44 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Nova by 1.0% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 4,947 shares of the semiconductor company’s stock worth $1,581,000 after acquiring an additional 51 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in Nova by 51.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 164 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 56 shares in the last quarter. Finally, SkyOak Wealth LLC raised its position in Nova by 5.2% in the 3rd quarter. SkyOak Wealth LLC now owns 1,130 shares of the semiconductor company’s stock valued at $361,000 after purchasing an additional 56 shares during the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Zacks Research upgraded Nova from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nova in a research report on Monday, December 22nd. Morgan Stanley reissued an “outperform” rating and set a $453.00 price objective on shares of Nova in a report on Friday, February 13th. Evercore restated an “outperform” rating and issued a $485.00 price objective on shares of Nova in a research report on Friday, February 13th. Finally, Barclays assumed coverage on shares of Nova in a research report on Wednesday. They set an “overweight” rating and a $465.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $442.25.

Nova Price Performance

Nova stock opened at $435.77 on Thursday. The business’s 50-day simple moving average is $435.53 and its 200 day simple moving average is $354.34. The company has a quick ratio of 5.47, a current ratio of 6.28 and a debt-to-equity ratio of 0.56. The stock has a market cap of $13.85 billion, a price-to-earnings ratio of 54.40, a P/E/G ratio of 3.16 and a beta of 1.83. Nova Ltd. has a 12-month low of $153.99 and a 12-month high of $507.27.

Nova (NASDAQ:NVMI) last announced its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.13 by $0.01. Nova had a return on equity of 22.90% and a net margin of 29.44%.The firm had revenue of $222.62 million during the quarter, compared to analysts’ expectations of $220.43 million. During the same period in the previous year, the business posted $1.94 EPS. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. As a group, research analysts anticipate that Nova Ltd. will post 7.52 earnings per share for the current year.

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.