Vision Retirement LLC Takes Position in Nova Ltd. $NVMI

Vision Retirement LLC bought a new position in Nova Ltd. (NASDAQ:NVMI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,781 shares of the semiconductor company’s stock, valued at approximately $773,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC purchased a new stake in Nova during the 4th quarter valued at $29,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Nova in the third quarter valued at about $40,000. CIBC Private Wealth Group LLC increased its position in shares of 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. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Nova by 2,042.9% during 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, TD Private Client Wealth LLC bought a new stake in shares of Nova in the fourth quarter worth about $74,000. 82.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Jefferies Financial Group upped their price target on Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Cantor Fitzgerald reissued an “overweight” rating and issued a $600.00 target price on shares of Nova in a report on Tuesday. Barclays lifted their target price on shares of Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Wall Street Zen upgraded shares of Nova from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Evercore reissued an “outperform” rating and issued a $600.00 target price on shares of Nova in a research report on Friday, May 15th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $556.67.

Nova Stock Performance

Shares of Nova stock opened at $437.46 on Friday. Nova Ltd. has a fifty-two week low of $232.73 and a fifty-two week high of $615.99. The company has a fifty day moving average of $508.39 and a 200 day moving average of $472.19. The company has a market capitalization of $13.90 billion, a P/E ratio of 54.55, a P/E/G ratio of 3.17 and a beta of 1.74.

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. Nova had a return on equity of 21.77% and a net margin of 29.21%.The company had revenue of $235.31 million for the quarter, compared to the consensus estimate of $227.02 million. During the same quarter last year, the company earned $2.18 EPS. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Analysts forecast that Nova Ltd. will post 9.46 EPS for the current year.

Insider Transactions at Nova

In other Nova news, Director Yaniv Garty sold 426 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $514.49, for a total transaction of $219,172.74. Following the sale, the director directly owned 2,038 shares of the company’s stock, valued at $1,048,530.62. The trade was a 17.29% 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 Eitan Oppenhaim sold 1,504 shares of the firm’s stock in a transaction on 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 sale, the director owned 6,668 shares of the company’s stock, valued at approximately $3,463,892.64. This represents a 18.40% 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 have sold a total of 7,798 shares of company stock valued at $4,125,266 over the last quarter. 1.00% of the stock is owned by insiders.

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.