Hsbc Holdings PLC Has $9.40 Million Stock Position in Nova Ltd. $NVMI

Hsbc Holdings PLC reduced its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 19.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,810 shares of the semiconductor company’s stock after selling 5,305 shares during the quarter. Hsbc Holdings PLC’s holdings in Nova were worth $9,396,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. SG Americas Securities LLC raised its stake in Nova by 119.8% during the fourth quarter. SG Americas Securities LLC now owns 4,360 shares of the semiconductor company’s stock worth $1,432,000 after acquiring an additional 2,376 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Nova by 21.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,565 shares of the semiconductor company’s stock valued at $12,664,000 after purchasing an additional 6,804 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of Nova by 7.0% in the 4th 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. Mizuho Markets Americas LLC bought a new stake in shares of Nova during the 4th quarter valued at approximately $14,056,000. Finally, Legal & General Group Plc grew its holdings in shares of Nova by 19.1% during the 4th quarter. Legal & General Group Plc now owns 145,427 shares of the semiconductor company’s stock valued at $48,642,000 after purchasing an additional 23,280 shares during the last quarter. 82.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Nova news, CEO Gabriel Waisman sold 2,966 shares of the company’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $501.30, for a total value of $1,486,855.80. Following the sale, the chief executive officer owned 28,714 shares in the company, valued at approximately $14,394,328.20. The trade was a 9.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eitan Oppenhaim sold 1,290 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $581.20, for a total value of $749,748.00. Following the completion of the sale, the director directly owned 6,421 shares of the company’s stock, valued at approximately $3,731,885.20. The trade was a 16.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 7,798 shares of company stock valued at $4,125,266. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on NVMI shares. Zacks Research downgraded shares of Nova from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 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 note on Monday, July 6th. Weiss Ratings downgraded shares of Nova from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Barclays increased their price target on Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $600.00 price objective on shares of Nova in a research report on Tuesday, July 14th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $556.67.

Nova Price Performance

NVMI opened at $454.42 on Thursday. Nova Ltd. has a fifty-two week low of $232.73 and a fifty-two week high of $615.99. The firm has a market capitalization of $14.44 billion, a price-to-earnings ratio of 56.66, a PEG ratio of 3.28 and a beta of 1.74. The company’s 50 day moving average price is $504.75 and its two-hundred day moving average price is $475.61.

Nova (NASDAQ:NVMI) last announced its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $227.02 million. Nova had a net margin of 29.21% and a return on equity of 21.77%. The company’s revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, equities research analysts predict that Nova Ltd. will post 9.46 EPS for the current year.

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.