Nova Ltd. $NVMI Stock Holdings Increased by Meitav Investment House Ltd.

Meitav Investment House Ltd. raised its position in shares of Nova Ltd. (NASDAQ:NVMI) by 3.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 572,189 shares of the semiconductor company’s stock after buying an additional 20,345 shares during the quarter. Nova comprises 2.7% of Meitav Investment House Ltd.’s portfolio, making the stock its 12th largest position. Meitav Investment House Ltd.’s holdings in Nova were worth $247,326,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC bought a new stake in shares of Nova in the 4th quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new position in Nova during the third quarter worth $40,000. CIBC Private Wealth Group LLC lifted its stake in Nova by 75.7% during the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 56 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Nova by 2,042.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 143 shares during the period. Finally, Advisors Asset Management Inc. boosted its holdings in Nova by 51.6% in the first quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock worth $69,000 after purchasing an additional 128 shares during the period. Institutional investors own 82.99% of the company’s stock.

Insider Transactions at Nova

In other news, Director Sarit Sagiv sold 454 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $536.52, for a total value of $243,580.08. Following the completion of the sale, the director owned 1,951 shares in the company, valued at $1,046,750.52. This represents a 18.88% decrease in their ownership of the stock. The sale was disclosed in a 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 Eitan Oppenhaim sold 1,290 shares of the firm’s 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 transaction, the director directly owned 6,421 shares of the company’s stock, valued at $3,731,885.20. This represents a 16.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 7,798 shares of company stock valued at $4,125,266. 1.00% of the stock is currently owned by company insiders.

Nova Price Performance

Shares of NVMI traded down $20.08 during trading hours on Tuesday, reaching $446.55. 233,210 shares of the company’s stock traded hands, compared to its average volume of 416,591. Nova Ltd. has a twelve month low of $232.73 and a twelve month high of $615.99. The business’s fifty day simple moving average is $518.68 and its two-hundred day simple moving average is $464.75. The firm has a market capitalization of $14.19 billion, a price-to-earnings ratio of 55.76, a P/E/G ratio of 3.41 and a beta of 1.74.

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 firm had revenue of $235.31 million during the quarter, compared to analyst estimates of $227.02 million. During the same quarter in the prior year, the firm posted $2.18 EPS. Nova’s revenue was up 10.3% compared to the same quarter last year. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. On average, equities research analysts expect that Nova Ltd. will post 9.44 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Citigroup boosted their target price on shares of Nova from $520.00 to $595.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Morgan Stanley raised their price target on shares of Nova from $494.00 to $540.00 and gave the stock an “equal weight” rating in a research report on Monday. Jefferies Financial Group lifted their price target on shares of Nova from $520.00 to $640.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Weiss Ratings upgraded shares of Nova from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Finally, Wall Street Zen raised shares of Nova from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $551.25.

About Nova

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.