Nova Ltd. $NVMI is James Investment Research Inc.’s 10th Largest Position

James Investment Research Inc. lowered its stake in Nova Ltd. (NASDAQ:NVMI) by 15.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,647 shares of the semiconductor company’s stock after selling 6,702 shares during the period. Nova makes up approximately 1.8% of James Investment Research Inc.’s holdings, making the stock its 10th largest holding. James Investment Research Inc.’s holdings in Nova were worth $16,349,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Royal Bank of Canada lifted its position in Nova by 660.4% in the first 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 during the last quarter. Advisors Asset Management Inc. raised its holdings in Nova by 51.6% during the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock valued at $69,000 after buying an additional 128 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Nova during the 2nd quarter valued at $5,445,000. EverSource Wealth Advisors LLC boosted its position in Nova by 62.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the semiconductor company’s stock valued at $72,000 after buying an additional 100 shares during the period. Finally, Marshall Wace LLP bought a new stake in Nova in the 2nd quarter worth $1,886,000. 82.99% of the stock is owned by hedge funds and other institutional investors.

Nova Trading Down 7.4%

Shares of Nova stock opened at $502.60 on Thursday. Nova Ltd. has a 12-month low of $232.73 and a 12-month high of $615.99. The company has a market cap of $15.97 billion, a P/E ratio of 62.67, a PEG ratio of 3.94 and a beta of 1.74. The company’s fifty day simple moving average is $521.98 and its two-hundred day simple moving average is $461.59.

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 firm had revenue of $235.31 million during the quarter, compared to analysts’ expectations of $227.02 million. Nova had a net margin of 29.21% and a return on equity of 21.77%. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company posted $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Analysts predict that Nova Ltd. will post 9.44 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Weiss Ratings upgraded shares of Nova from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Wall Street Zen raised Nova from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Needham & Company LLC boosted their price target on Nova from $500.00 to $640.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Jefferies Financial Group upped their price target on Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, Morgan Stanley set a $494.00 price objective on Nova in a report on Thursday, May 14th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $545.50.

Insiders Place Their Bets

In other Nova news, Director Sarit Sagiv sold 454 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $536.52, for a total value of $243,580.08. Following the completion of the transaction, the director owned 1,951 shares in the company, valued at approximately $1,046,750.52. This represents a 18.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yaniv Garty sold 366 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $581.20, for a total value of $212,719.20. Following the transaction, the director directly owned 2,006 shares of the company’s stock, valued at $1,165,887.20. This represents a 15.43% 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 sold 4,832 shares of company stock worth $2,638,410 over the last three months. Company insiders own 1.00% of the company’s stock.

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.