Sei Investments Co. Has $26.63 Million Stock Position in Nova Ltd. $NVMI

Sei Investments Co. lowered its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 14.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 61,324 shares of the semiconductor company’s stock after selling 10,203 shares during the period. Sei Investments Co.’s holdings in Nova were worth $26,631,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. SG Americas Securities LLC raised its position in shares of 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 during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Nova by 21.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,565 shares of the semiconductor company’s stock valued at $12,664,000 after acquiring an additional 6,804 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its position in Nova by 7.0% during 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 during the period. Mizuho Markets Americas LLC acquired a new stake in Nova during the 4th quarter valued at approximately $14,056,000. Finally, Hsbc Holdings PLC raised its holdings in Nova by 94.3% during the 4th quarter. Hsbc Holdings PLC now owns 27,115 shares of the semiconductor company’s stock worth $9,077,000 after purchasing an additional 13,160 shares during the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Needham & Company LLC boosted their price target on shares of Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Evercore reiterated an “outperform” rating and set a $600.00 price objective on shares of Nova in a research report on Friday, May 15th. Wall Street Zen raised shares of Nova from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Cantor Fitzgerald restated an “overweight” rating and issued a $600.00 target price on shares of Nova in a report on Tuesday, July 14th. Finally, Barclays upped their price target on shares of Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $556.67.

Nova Stock Down 6.2%

Shares of NVMI stock opened at $402.32 on Wednesday. The company has a market cap of $12.79 billion, a price-to-earnings ratio of 50.16, a price-to-earnings-growth ratio of 3.10 and a beta of 1.74. Nova Ltd. has a 52 week low of $232.73 and a 52 week high of $615.99. The firm has a 50 day moving average of $498.75 and a 200-day moving average of $477.19.

Nova (NASDAQ:NVMI) last released its quarterly earnings data on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share for the quarter, beating 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 company had revenue of $235.31 million during the quarter, compared to analyst estimates of $227.02 million. During the same quarter in the previous year, the business posted $2.18 EPS. Nova’s revenue for the quarter was up 10.3% compared to the same quarter last year. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Analysts anticipate that Nova Ltd. will post 9.46 earnings per share for the current year.

Insider Activity at Nova

In other news, Director Sarit Sagiv sold 454 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $536.52, for a total transaction of $243,580.08. Following the transaction, the director owned 1,951 shares of the company’s stock, valued at $1,046,750.52. This represents a 18.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 stock was sold at an average price of $581.20, for a total transaction of $749,748.00. Following the transaction, the director directly owned 6,421 shares in the company, valued at $3,731,885.20. This trade represents a 16.73% decrease in their position. The SEC filing for this sale provides additional information. 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.

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.