8,861 Shares in Nova Ltd. $NVMI Purchased by ABN Amro Investment Solutions

ABN Amro Investment Solutions purchased a new stake in shares of Nova Ltd. (NASDAQ:NVMI) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,861 shares of the semiconductor company’s stock, valued at approximately $3,848,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of NVMI. Smartleaf Asset Management LLC bought a new position in Nova in the 4th quarter worth $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Nova during the 3rd quarter valued at about $40,000. CIBC Private Wealth Group LLC increased its position in shares of Nova by 75.7% during the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 56 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of 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 valued at $48,000 after buying an additional 143 shares during the period. Finally, TD Private Client Wealth LLC bought a new position in Nova in the fourth quarter worth about $74,000. Institutional investors own 82.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on NVMI. Weiss Ratings lowered shares of Nova from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $600.00 price objective on shares of Nova in a research report on Tuesday, July 14th. Evercore reiterated an “outperform” rating and set a $600.00 price objective on shares of Nova in a research note on Friday, May 15th. Zacks Research downgraded Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, Needham & Company LLC increased their target price on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $556.67.

Insider Activity

In other Nova news, Director Sarit Sagiv sold 454 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $536.52, for a total value of $243,580.08. Following the completion of the sale, the director owned 1,951 shares of the company’s stock, valued at $1,046,750.52. This trade represents a 18.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gabriel Waisman sold 2,966 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $501.30, for a total value of $1,486,855.80. Following the sale, the chief executive officer directly owned 28,714 shares of the company’s stock, valued at $14,394,328.20. This represents a 9.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 7,798 shares of company stock valued at $4,125,266. Company insiders own 1.00% of the company’s stock.

Nova Stock Performance

NASDAQ NVMI opened at $455.37 on Friday. Nova Ltd. has a one year low of $232.73 and a one year high of $615.99. The stock has a 50-day moving average of $502.74 and a 200 day moving average of $476.37. The company has a market capitalization of $14.47 billion, a price-to-earnings ratio of 56.78, a PEG ratio of 3.29 and a beta of 1.74.

Nova (NASDAQ:NVMI) last issued its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.13. Nova had a return on equity of 21.77% and a net margin of 29.21%.The company had revenue of $235.31 million for the quarter, compared to the consensus estimate of $227.02 million. During the same quarter last year, the company earned $2.18 EPS. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. On average, equities analysts predict that Nova Ltd. will post 9.46 earnings per share for the current fiscal year.

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.