Walleye Capital LLC Has $1.91 Million Holdings in Nova Ltd. (NASDAQ:NVMI)

Walleye Capital LLC increased its holdings in shares of Nova Ltd. (NASDAQ:NVMIGet Rating) by 554.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,570 shares of the semiconductor company’s stock after buying an additional 14,885 shares during the quarter. Walleye Capital LLC owned 0.06% of Nova worth $1,913,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. BNP Paribas Arbitrage SA raised its stake in Nova by 6.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 39,573 shares of the semiconductor company’s stock worth $4,309,000 after buying an additional 2,552 shares during the period. Walleye Trading LLC grew its holdings in shares of Nova by 47.8% in the 1st quarter. Walleye Trading LLC now owns 4,183 shares of the semiconductor company’s stock valued at $455,000 after acquiring an additional 1,353 shares in the last quarter. Select Equity Group L.P. grew its holdings in shares of Nova by 10.1% in the 1st quarter. Select Equity Group L.P. now owns 7,991 shares of the semiconductor company’s stock valued at $870,000 after acquiring an additional 736 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its holdings in shares of Nova by 55.2% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 5,928 shares of the semiconductor company’s stock valued at $645,000 after acquiring an additional 2,109 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Nova by 21.2% during the first quarter. Goldman Sachs Group Inc. now owns 91,434 shares of the semiconductor company’s stock worth $9,955,000 after purchasing an additional 15,975 shares during the period. Institutional investors and hedge funds own 68.37% of the company’s stock.

Nova Trading Down 0.1 %

Shares of NVMI stock opened at $94.70 on Friday. The firm has a 50 day moving average price of $101.41 and a two-hundred day moving average price of $101.19. The company has a quick ratio of 4.10, a current ratio of 4.98 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $2.72 billion, a PE ratio of 24.22 and a beta of 1.28. Nova Ltd. has a 12-month low of $81.63 and a 12-month high of $149.15.

Analyst Ratings Changes

A number of equities analysts recently commented on NVMI shares. Benchmark reduced their price target on Nova from $146.00 to $140.00 in a report on Tuesday, August 9th. Bank of America reduced their price target on Nova from $140.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, June 29th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Nova has an average rating of “Moderate Buy” and a consensus target price of $130.40.

Nova Company Profile

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Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.

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Institutional Ownership by Quarter for Nova (NASDAQ:NVMI)

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