Nova Ltd. $NVMI Shares Bought by Nicholas Investment Partners LP

Nicholas Investment Partners LP raised its stake in Nova Ltd. (NASDAQ:NVMI) by 6.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,818 shares of the semiconductor company’s stock after acquiring an additional 1,199 shares during the quarter. Nicholas Investment Partners LP’s holdings in Nova were worth $6,508,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in Nova by 9.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 280 shares of the semiconductor company’s stock valued at $92,000 after acquiring an additional 24 shares during the period. Signaturefd LLC lifted its holdings in Nova by 4.5% in the fourth quarter. Signaturefd LLC now owns 992 shares of the semiconductor company’s stock valued at $326,000 after acquiring an additional 43 shares during the period. Farther Finance Advisors LLC lifted its holdings in Nova by 16.1% in the fourth quarter. Farther Finance Advisors LLC now owns 347 shares of the semiconductor company’s stock valued at $114,000 after acquiring an additional 48 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Nova by 0.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 10,885 shares of the semiconductor company’s stock valued at $3,642,000 after acquiring an additional 53 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its holdings in Nova by 75.7% in the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 56 shares during the period. 82.99% of the stock is owned by institutional investors and hedge funds.

Nova Stock Up 4.2%

Shares of NASDAQ:NVMI opened at $583.05 on Friday. The business has a fifty day moving average of $507.47 and a two-hundred day moving average of $440.02. The stock has a market cap of $18.53 billion, a P/E ratio of 72.70, a PEG ratio of 4.23 and a beta of 1.75. Nova Ltd. has a 52-week low of $217.50 and a 52-week high of $588.40.

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

Analysts Set New Price Targets

NVMI has been the subject of a number of analyst reports. Zacks Research downgraded Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Barclays upped their target price on Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Evercore reaffirmed an “outperform” rating and set a $600.00 target price on shares of Nova in a research note on Friday, May 15th. Weiss Ratings raised Nova from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Finally, Citigroup upped their target price on Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Nine 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 has an average rating of “Moderate Buy” and a consensus price target of $518.22.

Insider Buying and Selling at Nova

In other Nova news, Director Yaniv Garty sold 426 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $514.49, for a total value of $219,172.74. Following the completion of the sale, the director directly owned 2,038 shares in the company, valued at $1,048,530.62. This represents a 17.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 426 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $514.49, for a total value of $219,172.74. Following the completion of the sale, the director owned 2,437 shares of the company’s stock, valued at approximately $1,253,812.13. The trade was a 14.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,411 shares of company stock worth $1,243,018 in the last three months. 1.00% of the stock is owned by corporate insiders.

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.