Noked Israel Ltd Raises Stock Position in Nova Ltd. $NVMI

Noked Israel Ltd increased its stake in shares of Nova Ltd. (NASDAQ:NVMI) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 136,537 shares of the semiconductor company’s stock after acquiring an additional 3,280 shares during the quarter. Nova makes up about 7.2% of Noked Israel Ltd’s portfolio, making the stock its 5th largest position. Noked Israel Ltd’s holdings in Nova were worth $44,837,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of NVMI. Measured Wealth Private Client Group LLC bought a new position in Nova during the third quarter worth $40,000. CIBC Private Wealth Group LLC boosted its stake in Nova by 75.7% during the third 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 in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake 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 acquiring an additional 143 shares in the last quarter. Advisors Asset Management Inc. boosted its stake 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 acquiring an additional 128 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Nova by 62.5% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the semiconductor company’s stock worth $72,000 after acquiring an additional 100 shares in the last quarter. 82.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on NVMI shares. Wall Street Zen raised shares of Nova from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Barclays increased their target price on shares of Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Weiss Ratings upgraded shares of Nova from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 14th. Zacks Research downgraded shares of Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, Citigroup upped their price objective on shares of Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $518.22.

Nova Trading Up 4.2%

NVMI opened at $583.05 on Friday. The company’s fifty day moving average price is $507.47 and its two-hundred day moving average price is $440.02. Nova Ltd. has a 1-year low of $217.50 and a 1-year high of $588.40. The company has a market cap of $18.53 billion, a price-to-earnings ratio of 72.70, a PEG ratio of 4.06 and a beta of 1.75.

Nova (NASDAQ:NVMI) last released 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. Nova had a net margin of 29.21% and a return on equity of 21.77%. The firm had revenue of $235.31 million for the quarter, compared to the consensus estimate of $227.02 million. During the same quarter in the prior 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, equities analysts forecast that Nova Ltd. will post 9.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Nova news, Director Yaniv Garty sold 426 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $514.49, for a total transaction of $219,172.74. Following the transaction, the director owned 2,038 shares in the company, valued at approximately $1,048,530.62. This represents a 17.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv 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 transaction, the director owned 2,437 shares in the company, valued at approximately $1,253,812.13. The trade was a 14.88% 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. Over the last 90 days, insiders have sold 2,411 shares of company stock worth $1,243,018. Insiders own 1.00% of the company’s stock.

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.