Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Sells 9,685 Shares of Nova Ltd. $NVMI

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD decreased its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 41.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,442 shares of the semiconductor company’s stock after selling 9,685 shares during the quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings in Nova were worth $4,414,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in Nova during the 3rd quarter valued at approximately $40,000. CIBC Private Wealth Group LLC lifted its position in shares of Nova by 75.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 56 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in shares of Nova by 2,042.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 143 shares during the period. TD Private Client Wealth LLC bought a new stake in shares of Nova in the 4th quarter worth approximately $74,000. Finally, Leonteq Securities AG bought a new stake in shares of Nova in the 4th quarter worth approximately $83,000. Institutional investors own 82.99% of the company’s stock.

Nova Price Performance

Nova stock opened at $475.76 on Monday. The company has a market capitalization of $15.12 billion, a PE ratio of 59.32, a price-to-earnings-growth ratio of 3.45 and a beta of 1.75. Nova Ltd. has a one year low of $215.26 and a one year high of $565.00. The business has a 50 day simple moving average of $497.75 and a 200 day simple moving average of $432.24.

Nova (NASDAQ:NVMI) last posted its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 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 the consensus estimate of $227.02 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.Nova’s revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the company earned $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Equities analysts anticipate that Nova Ltd. will post 9.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on NVMI shares. Weiss Ratings upgraded Nova from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Needham & Company LLC raised their price objective on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Evercore reiterated an “outperform” rating and issued a $600.00 price objective on shares of Nova in a research report on Friday, May 15th. Barclays raised their price objective on Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Finally, Morgan Stanley set a $494.00 price objective on Nova in a research report on Thursday, May 14th. Nine equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Nova has a consensus rating of “Moderate Buy” and an average target price of $518.22.

Insider Buying and Selling

In related news, Director Eitan Oppenhaim sold 1,504 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $519.48, for a total transaction of $781,297.92. Following the completion of the transaction, the director owned 6,668 shares in the company, valued at $3,463,892.64. This trade represents a 18.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yaniv Garty sold 426 shares of the firm’s stock in a transaction that occurred 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 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,411 shares of company stock worth $1,243,018 in the last 90 days. 1.00% of the stock is owned by company 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.