Nova (NASDAQ:NVMI) Director Eitan Oppenhaim Sells 1,290 Shares

Nova Ltd. (NASDAQ:NVMI) Director Eitan Oppenhaim sold 1,290 shares of the business’s stock in a transaction on 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 owned 6,421 shares of the company’s stock, valued at $3,731,885.20. This trade represents a 16.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Eitan Oppenhaim also recently made the following trade(s):

• On Tuesday, May 26th, Eitan Oppenhaim sold 1,504 shares of Nova stock. The shares were sold at an average price of $519.48, for a total value of $781,297.92.

Nova Price Performance

NVMI stock opened at $518.85 on Thursday. Nova Ltd. has a fifty-two week low of $232.73 and a fifty-two week high of $615.99. The stock has a market capitalization of $16.49 billion, a price-to-earnings ratio of 64.69, a PEG ratio of 3.83 and a beta of 1.75. The business’s fifty day moving average price is $522.36 and its two-hundred day moving average price is $455.08.

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

Hedge Funds Weigh In On Nova

Hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of Nova by 9.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 280 shares of the semiconductor company’s stock worth $92,000 after acquiring an additional 24 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in Nova by 2.7% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,124 shares of the semiconductor company’s stock valued at $488,000 after purchasing an additional 30 shares in the last quarter. Signaturefd LLC lifted its stake in Nova by 4.5% during the fourth quarter. Signaturefd LLC now owns 992 shares of the semiconductor company’s stock worth $326,000 after purchasing an additional 43 shares during the last quarter. Parallel Advisors LLC lifted its stake in Nova by 20.0% during the first quarter. Parallel Advisors LLC now owns 264 shares of the semiconductor company’s stock worth $115,000 after purchasing an additional 44 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Nova by 16.1% in the 4th quarter. Farther Finance Advisors LLC now owns 347 shares of the semiconductor company’s stock valued at $114,000 after purchasing an additional 48 shares in the last quarter. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Morgan Stanley set a $494.00 target price on shares of Nova in a research report on Thursday, May 14th. Evercore reiterated an “outperform” rating and issued a $600.00 price target on shares of Nova in a research report on Friday, May 15th. Jefferies Financial Group boosted their price target on Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Citigroup increased their price target on Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, Needham & Company LLC raised their price objective on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, May 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $545.50.

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.