Linden Advisors LP Invests $29.08 Million in Nova Ltd. $NVMI

Linden Advisors LP purchased a new stake in shares of Nova Ltd. (NASDAQ:NVMI) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 90,980 shares of the semiconductor company’s stock, valued at approximately $29,083,000.

Other hedge funds have also recently modified their holdings of the company. Wasatch Advisors LP increased its position in Nova by 4.9% during the second 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 during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in Nova by 3.9% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,549,154 shares of the semiconductor company’s stock worth $428,980,000 after purchasing an additional 58,600 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Nova by 6.4% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,428,607 shares of the semiconductor company’s stock valued at $456,669,000 after purchasing an additional 86,438 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Nova by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,113,762 shares of the semiconductor company’s stock valued at $354,172,000 after purchasing an additional 10,441 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Nova by 6.0% in the 2nd quarter. Franklin Resources Inc. now owns 629,894 shares of the semiconductor company’s stock valued at $173,350,000 after buying an additional 35,870 shares during the period. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on NVMI shares. Jefferies Financial Group restated a “buy” rating and set a $520.00 price target on shares of Nova in a report on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nova in a research report on Monday, December 22nd. Zacks Research raised Nova from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Morgan Stanley restated an “outperform” rating and issued a $453.00 target price on shares of Nova in a research report on Friday, February 13th. Finally, Bank of America upped their price target on Nova from $380.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Nova presently has a consensus rating of “Buy” and an average price target of $442.25.

Nova Price Performance

Nova stock opened at $437.75 on Tuesday. The company’s 50 day simple moving average is $440.08 and its 200-day simple moving average is $358.47. The company has a debt-to-equity ratio of 0.56, a quick ratio of 5.47 and a current ratio of 6.28. Nova Ltd. has a 1 year low of $153.99 and a 1 year high of $507.27. The company has a market capitalization of $13.91 billion, a price-to-earnings ratio of 54.65, a price-to-earnings-growth ratio of 3.13 and a beta of 1.83.

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