Mizuho Markets Americas LLC Buys Shares of 42,804 Nova Ltd. $NVMI

Mizuho Markets Americas LLC bought a new stake in Nova Ltd. (NASDAQ:NVMI) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 42,804 shares of the semiconductor company’s stock, valued at approximately $14,056,000.

A number of other large investors have also recently modified their holdings of NVMI. Royal Bank of Canada boosted its holdings in shares of Nova by 660.4% in the 1st quarter. Royal Bank of Canada now owns 10,668 shares of the semiconductor company’s stock valued at $1,966,000 after purchasing an additional 9,265 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Nova by 51.6% in the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock valued at $69,000 after purchasing an additional 128 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Nova in the 2nd quarter valued at $5,445,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Nova by 62.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the semiconductor company’s stock valued at $72,000 after purchasing an additional 100 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Nova in the 2nd quarter valued at $1,886,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Zacks Research downgraded Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Barclays raised their target price on Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Needham & Company LLC increased their price target on Nova from $500.00 to $640.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Evercore reiterated an “outperform” rating and issued a $600.00 price target on shares of Nova in a research note on Friday, May 15th. Finally, Citigroup increased their price target on Nova from $520.00 to $595.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nova currently has a consensus rating of “Moderate Buy” and an average target price of $518.22.

Nova Stock Performance

Shares of NVMI opened at $503.49 on Friday. Nova Ltd. has a 52 week low of $179.00 and a 52 week high of $565.00. The stock has a market capitalization of $16.00 billion, a price-to-earnings ratio of 62.78, a PEG ratio of 3.64 and a beta of 1.78. The stock has a fifty day moving average of $487.40 and a 200-day moving average of $417.82.

Nova (NASDAQ:NVMI) last announced its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.13. The business had revenue of $235.31 million during the quarter, compared to analyst estimates of $227.02 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.Nova’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, equities analysts forecast that Nova Ltd. will post 9.35 EPS for the current year.

Insider Buying and Selling at Nova

In related news, Director Yaniv Garty sold 426 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly owned 2,038 shares of the company’s stock, valued at $1,048,530.62. This trade represents a 17.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 426 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $514.49, for a total value of $219,172.74. Following the transaction, the director directly owned 2,437 shares of the company’s stock, valued at approximately $1,253,812.13. This represents a 14.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 907 shares of company stock valued at $461,720. 1.00% of the stock is owned by corporate 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.