Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Nova Measuring Instruments Ltd. (NASDAQ:NVMI) by 56.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,810 shares of the semiconductor company’s stock after purchasing an additional 13,694 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.14% of Nova Measuring Instruments worth $1,063,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of NVMI. Renaissance Technologies LLC grew its holdings in Nova Measuring Instruments by 1.2% during the second quarter. Renaissance Technologies LLC now owns 2,194,700 shares of the semiconductor company’s stock worth $48,481,000 after buying an additional 26,100 shares in the last quarter. Menora Mivtachim Holdings LTD. grew its holdings in Nova Measuring Instruments by 22.4% during the third quarter. Menora Mivtachim Holdings LTD. now owns 892,831 shares of the semiconductor company’s stock worth $25,097,000 after buying an additional 163,538 shares in the last quarter. Vanguard Group Inc. grew its holdings in Nova Measuring Instruments by 8.5% during the second quarter. Vanguard Group Inc. now owns 516,856 shares of the semiconductor company’s stock worth $11,417,000 after buying an additional 40,410 shares in the last quarter. EAM Investors LLC grew its holdings in Nova Measuring Instruments by 70.4% during the third quarter. EAM Investors LLC now owns 190,135 shares of the semiconductor company’s stock worth $5,345,000 after buying an additional 78,523 shares in the last quarter. Finally, OxFORD Asset Management LLP bought a new stake in Nova Measuring Instruments during the second quarter worth $2,719,000. 33.70% of the stock is currently owned by institutional investors.

Several equities research analysts recently issued reports on the company. ValuEngine upgraded Nova Measuring Instruments from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. BidaskClub downgraded Nova Measuring Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Zacks Investment Research upgraded Nova Measuring Instruments from a “hold” rating to a “strong-buy” rating and set a $27.00 price objective for the company in a research note on Tuesday, August 8th. Stifel Nicolaus upped their price objective on Nova Measuring Instruments from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Monday, October 16th. Finally, Needham & Company LLC restated a “buy” rating and issued a $32.00 price objective on shares of Nova Measuring Instruments in a research note on Thursday, October 19th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Nova Measuring Instruments has an average rating of “Buy” and an average target price of $30.25.

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) opened at $26.40 on Wednesday. The stock has a market capitalization of $726.14, a price-to-earnings ratio of 14.26 and a beta of 0.84. Nova Measuring Instruments Ltd. has a 12 month low of $12.47 and a 12 month high of $31.88.

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About Nova Measuring Instruments

Nova Measuring Instruments Ltd. provides metrology solutions for the semiconductor manufacturing industry. The Company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment. Its metrology systems measure various film thickness and composition properties, as well as critical-dimension (CD) variables during various front-end and back-end of line steps in the semiconductor wafer fabrication process.

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Institutional Ownership by Quarter for Nova Measuring Instruments (NASDAQ:NVMI)

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