Nova Ltd. $NVMI is Harel Insurance Investments & Financial Services Ltd.’s 2nd Largest Position

Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Nova Ltd. (NASDAQ:NVMI) by 47.5% during the 1st quarter, Holdings Channel reports. The firm owned 2,166,073 shares of the semiconductor company’s stock after acquiring an additional 697,210 shares during the period. Nova comprises 6.4% of Harel Insurance Investments & Financial Services Ltd.’s investment portfolio, making the stock its 2nd biggest position. Harel Insurance Investments & Financial Services Ltd. owned about 0.07% of Nova worth $940,683,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NVMI. EverSource Wealth Advisors LLC boosted its holdings in Nova by 9.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 280 shares of the semiconductor company’s stock worth $92,000 after buying an additional 24 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in Nova by 2.7% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,124 shares of the semiconductor company’s stock valued at $488,000 after acquiring an additional 30 shares during the period. Signaturefd LLC lifted its position in shares of 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 in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Nova by 16.1% in the fourth quarter. Farther Finance Advisors LLC now owns 347 shares of the semiconductor company’s stock worth $114,000 after acquiring an additional 48 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of Nova by 1.0% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 4,997 shares of the semiconductor company’s stock worth $1,641,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Nova Stock Up 4.6%

NVMI stock opened at $473.54 on Wednesday. Nova Ltd. has a 52 week low of $232.73 and a 52 week high of $615.99. The firm has a market capitalization of $15.05 billion, a P/E ratio of 59.04, a price-to-earnings-growth ratio of 3.28 and a beta of 1.74. The company has a fifty day simple moving average of $512.38 and a two-hundred day simple moving average of $470.63.

Nova (NASDAQ:NVMI) last posted its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.13. The firm had revenue of $235.31 million for the quarter, compared to the consensus estimate of $227.02 million. Nova had a net margin of 29.21% and a return on equity of 21.77%. The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, analysts anticipate that Nova Ltd. will post 9.46 EPS for the current year.

Insider Buying and Selling

In other Nova news, Director Yaniv Garty sold 366 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $581.20, for a total transaction of $212,719.20. Following the sale, the director directly owned 2,006 shares in the company, valued at $1,165,887.20. This represents a 15.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eitan Oppenhaim sold 1,290 shares of Nova stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $581.20, for a total value of $749,748.00. Following the completion of the transaction, the director owned 6,421 shares of the company’s stock, valued at approximately $3,731,885.20. This trade represents a 16.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 7,798 shares of company stock valued at $4,125,266. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Citigroup boosted their target price on shares of Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Weiss Ratings downgraded shares of Nova from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Cantor Fitzgerald reissued an “overweight” rating and set a $600.00 price objective on shares of Nova in a report on Tuesday. Jefferies Financial Group raised their price objective on Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, Evercore reaffirmed an “outperform” rating and issued a $600.00 target price on shares of Nova in a 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. According to MarketBeat, Nova has an average rating of “Moderate Buy” and a consensus price target of $556.67.

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.