Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Sells 28,415 Shares of Nova Ltd. $NVMI

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD lessened its position in shares of Nova Ltd. (NASDAQ:NVMI) by 41.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,558 shares of the semiconductor company’s stock after selling 28,415 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in Nova were worth $12,990,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in NVMI. Measured Wealth Private Client Group LLC bought a new stake in shares of Nova during the 3rd quarter worth approximately $40,000. CIBC Private Wealth Group LLC boosted its holdings 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 valued at $42,000 after purchasing an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake 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 valued at $48,000 after purchasing an additional 143 shares during the last quarter. Advisors Asset Management Inc. increased its stake 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 during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake 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 during the last quarter. Institutional investors own 82.99% of the company’s stock.

Nova Stock Down 8.6%

Shares of NVMI stock opened at $475.76 on Friday. Nova Ltd. has a twelve month low of $215.26 and a twelve month high of $565.00. The company has a market cap of $15.12 billion, a P/E ratio of 59.32, a P/E/G ratio of 3.45 and a beta of 1.75. The business has a fifty day simple moving average of $497.75 and a 200 day simple moving average of $431.23.

Nova (NASDAQ:NVMI) last announced its quarterly earnings data on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share 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 for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, equities research analysts anticipate that Nova Ltd. will post 9.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on NVMI. Citigroup upped their price objective on Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Zacks Research downgraded Nova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Jefferies Financial Group upped their price objective on Nova from $520.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Morgan Stanley set a $494.00 price objective on Nova in a research report on Thursday, May 14th. Finally, Barclays upped 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. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Nova presently has an average rating of “Moderate Buy” and a consensus price target of $518.22.

Insider Buying and Selling at Nova

In other Nova news, Director Yaniv Garty sold 426 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $514.49, for a total value of $219,172.74. Following the completion of the transaction, the director directly owned 2,038 shares in the company, valued at approximately $1,048,530.62. This trade represents a 17.29% 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 Eitan Oppenhaim sold 1,504 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $519.48, for a total value of $781,297.92. Following the completion of the transaction, the director owned 6,668 shares of the company’s stock, valued at $3,463,892.64. This represents a 18.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 2,411 shares of company stock worth $1,243,018. 1.00% of the stock is currently 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.