Hsbc Holdings PLC Acquires 13,160 Shares of Nova Ltd. $NVMI

Hsbc Holdings PLC raised its stake in shares of Nova Ltd. (NASDAQ:NVMI) by 94.3% during the fourth quarter, Holdings Channel reports. The firm owned 27,115 shares of the semiconductor company’s stock after buying an additional 13,160 shares during the period. Hsbc Holdings PLC’s holdings in Nova were worth $9,077,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of NVMI. Smartleaf Asset Management LLC bought a new position in shares of Nova during the 4th quarter worth approximately $29,000. Measured Wealth Private Client Group LLC bought a new stake in Nova in the third quarter valued at $40,000. CIBC Private Wealth Group LLC raised 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 raised 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. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Nova by 51.6% during the first 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. 82.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

NVMI has been the topic of several recent analyst reports. Evercore restated an “outperform” rating and issued a $600.00 target price on shares of Nova in a research note on Friday, May 15th. Morgan Stanley set a $494.00 price target on shares of Nova in a report on Thursday, May 14th. Zacks Research lowered shares of Nova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Weiss Ratings raised shares of Nova from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Finally, Citigroup raised 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. Eight 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, the stock has an average rating of “Moderate Buy” and an average target price of $545.50.

Nova Stock Down 8.5%

Nova stock opened at $488.58 on Friday. The stock has a 50-day simple moving average of $522.16 and a 200 day simple moving average of $456.78. Nova Ltd. has a 12-month low of $232.73 and a 12-month high of $615.99. The stock has a market capitalization of $15.53 billion, a price-to-earnings ratio of 60.92, a P/E/G ratio of 3.87 and a beta of 1.75.

Nova (NASDAQ:NVMI) last issued its quarterly earnings data on Thursday, May 14th. The semiconductor company reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.13. The firm had revenue of $235.31 million for the quarter, compared to analyst estimates of $227.02 million. Nova had a net margin of 29.21% and a return on equity of 21.77%. The company’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, sell-side analysts anticipate that Nova Ltd. will post 9.44 EPS for the current year.

Insider Activity at Nova

In related news, Director Yaniv Garty sold 366 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $581.20, for a total value of $212,719.20. Following the completion of the transaction, the director owned 2,006 shares in the company, valued at $1,165,887.20. The trade was a 15.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eitan Oppenhaim sold 1,290 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $581.20, for a total value of $749,748.00. Following the sale, the director owned 6,421 shares of the company’s stock, valued at approximately $3,731,885.20. The trade was a 16.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,887 shares of company stock valued at $2,661,785 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

Nova 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.