Dynamic Technology Lab Private Ltd lowered its position in Nova Measuring Instruments Ltd. (NASDAQ:NVMI) by 56.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,320 shares of the semiconductor company’s stock after selling 9,565 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Nova Measuring Instruments were worth $206,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. State Street Corp lifted its position in shares of Nova Measuring Instruments by 1.6% during the 2nd quarter. State Street Corp now owns 13,816 shares of the semiconductor company’s stock worth $305,000 after buying an additional 216 shares during the period. UBS Group AG lifted its position in shares of Nova Measuring Instruments by 11.1% during the 1st quarter. UBS Group AG now owns 6,389 shares of the semiconductor company’s stock worth $118,000 after buying an additional 638 shares during the period. Edmond DE Rothschild Holding S.A. lifted its position in shares of Nova Measuring Instruments by 8.4% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 27,591 shares of the semiconductor company’s stock worth $633,000 after buying an additional 2,141 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Nova Measuring Instruments by 31.9% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 24,116 shares of the semiconductor company’s stock worth $533,000 after buying an additional 5,838 shares during the period. Finally, Navellier & Associates Inc lifted its position in shares of Nova Measuring Instruments by 26.1% during the 2nd quarter. Navellier & Associates Inc now owns 29,166 shares of the semiconductor company’s stock worth $644,000 after buying an additional 6,036 shares during the period. Institutional investors own 33.70% of the company’s stock.

Several equities analysts recently commented on NVMI shares. ValuEngine downgraded Nova Measuring Instruments from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Needham & Company LLC restated a “buy” rating and set a $32.00 target price on shares of Nova Measuring Instruments in a research report on Friday, September 1st. BidaskClub raised Nova Measuring Instruments from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. Stifel Nicolaus raised their price target on Nova Measuring Instruments from $29.00 to $32.00 and gave the company a “buy” rating in a report on Monday, October 16th. Finally, Zacks Investment Research cut Nova Measuring Instruments from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 4th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $30.25.

Shares of Nova Measuring Instruments Ltd. (NASDAQ NVMI) opened at $26.86 on Friday. Nova Measuring Instruments Ltd. has a twelve month low of $12.47 and a twelve month high of $31.88. The firm has a market capitalization of $736.16, a price-to-earnings ratio of 14.45 and a beta of 0.84.

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Nova Measuring Instruments Company Profile

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.

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

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