Nova Ltd. $NVMI Shares Bought by Tower View Wealth Management LLC

Tower View Wealth Management LLC lifted its position in shares of Nova Ltd. (NASDAQ:NVMI) by 0.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,394 shares of the semiconductor company’s stock after acquiring an additional 44 shares during the quarter. Nova accounts for approximately 2.8% of Tower View Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Tower View Wealth Management LLC owned about 0.07% of Nova worth $5,337,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in Nova in the 1st quarter valued at approximately $22,647,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Nova by 7.8% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,490,554 shares of the semiconductor company’s stock valued at $274,254,000 after buying an additional 107,215 shares in the last quarter. Walleye Capital LLC grew its holdings in Nova by 4,759.9% during the first quarter. Walleye Capital LLC now owns 71,246 shares of the semiconductor company’s stock worth $13,133,000 after acquiring an additional 69,780 shares during the period. Invesco Ltd. raised its position in Nova by 41.2% in the first quarter. Invesco Ltd. now owns 163,234 shares of the semiconductor company’s stock worth $30,089,000 after acquiring an additional 47,609 shares in the last quarter. Finally, Phoenix Financial Ltd. raised its position in Nova by 17.9% in the first quarter. Phoenix Financial Ltd. now owns 309,436 shares of the semiconductor company’s stock worth $57,072,000 after acquiring an additional 46,896 shares in the last quarter. 82.99% of the stock is owned by hedge funds and other institutional investors.

Nova Price Performance

Shares of NASDAQ NVMI opened at $329.00 on Friday. The firm’s 50-day moving average is $277.21 and its two-hundred day moving average is $237.25. The company has a market capitalization of $9.67 billion, a PE ratio of 44.76, a price-to-earnings-growth ratio of 2.75 and a beta of 1.76. Nova Ltd. has a 12-month low of $153.99 and a 12-month high of $336.78.

Nova (NASDAQ:NVMI) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.15. Nova had a net margin of 29.10% and a return on equity of 24.36%. The business had revenue of $219.99 million during the quarter, compared to analysts’ expectations of $214.95 million. During the same period last year, the company posted $1.61 EPS. The company’s revenue was up 40.2% on a year-over-year basis. Nova has set its Q3 2025 guidance at 2.020-2.220 EPS. On average, analysts forecast that Nova Ltd. will post 7.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on NVMI shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $300.00 price target (up from $250.00) on shares of Nova in a research note on Tuesday, June 24th. Bank of America upped their target price on shares of Nova from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, June 24th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $282.50.

Nova Profile

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.