Altshuler Shaham Ltd Sells 384,277 Shares of Nova Ltd. $NVMI

Altshuler Shaham Ltd lessened its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 97.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,377 shares of the semiconductor company’s stock after selling 384,277 shares during the period. Altshuler Shaham Ltd’s holdings in Nova were worth $3,802,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings 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 valued at $92,000 after buying an additional 24 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Nova by 4.5% during the 4th quarter. Signaturefd LLC now owns 992 shares of the semiconductor company’s stock valued at $326,000 after buying an additional 43 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Nova by 16.1% during the 4th quarter. Farther Finance Advisors LLC now owns 347 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 48 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Nova by 1.0% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 4,997 shares of the semiconductor company’s stock valued at $1,641,000 after buying an additional 50 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Nova by 0.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 10,885 shares of the semiconductor company’s stock valued at $3,642,000 after buying an additional 53 shares in the last quarter. Institutional investors own 82.99% of the company’s stock.

Insiders Place Their Bets

In other Nova news, Director Eitan Oppenhaim sold 1,504 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $519.48, for a total value of $781,297.92. Following the completion of the transaction, the director owned 6,668 shares of the company’s stock, valued at approximately $3,463,892.64. The trade was a 18.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 426 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 2,437 shares of the company’s stock, valued at approximately $1,253,812.13. This trade represents a 14.88% 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. In the last 90 days, insiders sold 2,411 shares of company stock valued at $1,243,018. 1.00% of the stock is owned by insiders.

Nova Price Performance

Shares of Nova stock opened at $554.42 on Thursday. The stock has a market cap of $17.62 billion, a price-to-earnings ratio of 69.13, a PEG ratio of 3.99 and a beta of 1.75. The firm’s 50-day moving average is $515.09 and its 200 day moving average is $446.61. Nova Ltd. has a 1 year low of $224.00 and a 1 year high of $615.99.

Nova (NASDAQ:NVMI) last announced its quarterly earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $227.02 million. During the same quarter in the previous year, the business 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 analysts expect that Nova Ltd. will post 9.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NVMI. Weiss Ratings upgraded shares of Nova from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Morgan Stanley set a $494.00 price target on shares of Nova in a research note on Thursday, May 14th. Barclays upped their price target on shares of Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Zacks Research cut shares of Nova from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Finally, Wall Street Zen upgraded shares of Nova from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Nine equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $518.22.

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.