Quantinno Capital Management LP Has $5.61 Million Position in Nova Ltd. $NVMI

Quantinno Capital Management LP raised its holdings in Nova Ltd. (NASDAQ:NVMI) by 18.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,908 shares of the semiconductor company’s stock after buying an additional 1,981 shares during the quarter. Quantinno Capital Management LP’s holdings in Nova were worth $5,606,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its position 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 worth $12,664,000 after purchasing an additional 6,804 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Nova by 7.0% during the fourth 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. Phoenix Financial Ltd. grew its stake in shares of Nova by 286.3% in the 4th quarter. Phoenix Financial Ltd. now owns 508,641 shares of the semiconductor company’s stock valued at $167,115,000 after purchasing an additional 376,974 shares during the period. Mizuho Markets Americas LLC bought a new stake in shares of Nova in the 4th quarter valued at approximately $14,056,000. Finally, Legal & General Group Plc raised its holdings in shares of Nova by 19.1% in the 4th quarter. Legal & General Group Plc now owns 145,427 shares of the semiconductor company’s stock worth $48,642,000 after buying an additional 23,280 shares in the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on NVMI. Evercore restated an “outperform” rating and set a $600.00 target price on shares of Nova in a research report on Friday, May 15th. Barclays increased their price objective on Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Cantor Fitzgerald reissued an “overweight” rating and set a $600.00 price objective on shares of Nova in a report on Tuesday, July 14th. Weiss Ratings downgraded shares of Nova from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Finally, Morgan Stanley upped their target price on shares of Nova from $494.00 to $540.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $552.22.

Nova Price Performance

Shares of Nova stock opened at $381.32 on Friday. The firm has a market cap of $12.12 billion, a P/E ratio of 47.55, a P/E/G ratio of 2.91 and a beta of 1.78. The firm has a 50 day simple moving average of $482.75 and a 200 day simple moving average of $476.29. Nova Ltd. has a fifty-two week low of $232.73 and a fifty-two week high of $615.99.

Nova (NASDAQ:NVMI) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.10. The firm had revenue of $254.96 million for the quarter, compared to the consensus estimate of $250.33 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.20 EPS. Nova has set its Q3 2026 guidance at 2.700-2.850 EPS. On average, sell-side analysts expect that Nova Ltd. will post 9.46 EPS for the current year.

Insider Transactions at Nova

In other news, CEO Gabriel Waisman sold 2,966 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $501.30, for a total transaction of $1,486,855.80. Following the transaction, the chief executive officer owned 28,714 shares of the company’s stock, valued at $14,394,328.20. This represents a 9.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 454 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $536.52, for a total value of $243,580.08. Following the completion of the transaction, the director owned 1,951 shares in the company, valued at approximately $1,046,750.52. This represents a 18.88% 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. In the last ninety days, insiders have sold 7,798 shares of company stock worth $4,125,266. 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.