Goldman Sachs Group Inc. Grows Holdings in Nova Ltd. $NVMI

Goldman Sachs Group Inc. grew its position in Nova Ltd. (NASDAQ:NVMI) by 14.1% in the fourth quarter, HoldingsChannel reports. The fund owned 394,500 shares of the semiconductor company’s stock after acquiring an additional 48,654 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Nova were worth $129,550,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of NVMI. Measured Wealth Private Client Group LLC acquired a new stake in shares of Nova during the 3rd quarter valued at about $40,000. CIBC Private Wealth Group LLC raised its holdings in 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 purchasing an additional 56 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Nova by 2,042.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 143 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Nova by 51.6% during the first quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock worth $69,000 after purchasing an additional 128 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Nova by 62.5% in the second 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 during the period. 82.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently 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. Barclays lifted their price target on shares of Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Evercore reissued an “outperform” rating and issued a $600.00 price target on shares of Nova in a report on Friday, May 15th. Morgan Stanley set a $494.00 price objective on shares of Nova in a research report on Thursday, May 14th. Finally, Needham & Company LLC increased their price objective on shares of Nova from $500.00 to $640.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Nova has an average rating of “Moderate Buy” and an average price target of $518.22.

Nova Price Performance

Shares of Nova stock opened at $507.96 on Tuesday. The business has a 50 day simple moving average of $498.84 and a two-hundred day simple moving average of $433.82. Nova Ltd. has a 12 month low of $217.50 and a 12 month high of $565.00. The stock has a market capitalization of $16.14 billion, a P/E ratio of 63.34, a PEG ratio of 3.45 and a beta of 1.75.

Nova (NASDAQ:NVMI) last issued its quarterly earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.13. Nova had a return on equity of 21.77% and a net margin of 29.21%.The firm had revenue of $235.31 million for the quarter, compared to analyst estimates of $227.02 million. During the same period in the previous year, the company posted $2.18 earnings per share. The business’s revenue was up 10.3% on a year-over-year basis. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, research analysts anticipate that Nova Ltd. will post 9.44 EPS for the current fiscal year.

Insiders Place Their Bets

In other Nova news, Director Eitan Oppenhaim sold 1,504 shares of Nova stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $519.48, for a total transaction of $781,297.92. Following the sale, the director owned 6,668 shares of the company’s stock, valued at $3,463,892.64. The trade was a 18.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yaniv Garty sold 426 shares of the company’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 sale, the director directly owned 2,038 shares of the company’s stock, valued at $1,048,530.62. The trade was a 17.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,411 shares of company stock valued at $1,243,018 in the last 90 days. 1.00% of the stock is owned by insiders.

Nova Company Profile

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.