Yaniv Garty Sells 426 Shares of Nova (NASDAQ:NVMI) Stock

Nova Ltd. (NASDAQ:NVMI) Director Yaniv Garty sold 426 shares of the firm’s stock in a transaction that occurred 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 directly owned 2,038 shares of the company’s stock, valued at $1,048,530.62. This represents a 17.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Yaniv Garty also recently made the following trade(s):

• On Thursday, April 2nd, Yaniv Garty sold 55 shares of Nova stock. The shares were sold at an average price of $425.00, for a total transaction of $23,375.00.

Nova Trading Up 0.5%

Shares of NVMI opened at $496.50 on Friday. Nova Ltd. has a 12 month low of $179.00 and a 12 month high of $565.00. The firm has a fifty day simple moving average of $486.05 and a 200 day simple moving average of $417.21. The stock has a market capitalization of $15.78 billion, a price-to-earnings ratio of 61.91, a PEG ratio of 3.62 and a beta of 1.78.

Nova (NASDAQ:NVMI) last issued its quarterly 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 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 analyst estimates of $227.02 million. During the same period in the previous year, the business earned $2.18 EPS. The company’s revenue was up 10.3% compared to the same quarter last year. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, research analysts predict that Nova Ltd. will post 9.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nova

Institutional investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC bought a new stake in Nova in the fourth quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of Nova during the 3rd quarter worth approximately $40,000. CIBC Private Wealth Group LLC increased its holdings in shares of Nova by 75.7% during the 3rd 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 during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in 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 acquiring an additional 143 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in 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 acquiring an additional 128 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NVMI. Weiss Ratings upgraded Nova from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 14th. Needham & Company LLC raised their price target on Nova from $500.00 to $640.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Barclays boosted their price target on Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a research report 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, Jefferies Financial Group raised their target price on shares of Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $518.22.

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.