Public Employees Retirement System of Ohio Has $5.59 Million Holdings in Nova Ltd. $NVMI

Public Employees Retirement System of Ohio lowered its position in shares of Nova Ltd. (NASDAQ:NVMI) by 29.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,885 shares of the semiconductor company’s stock after selling 5,263 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Nova were worth $5,586,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NVMI. SG Americas Securities LLC lifted its holdings in shares of Nova by 119.8% in the fourth quarter. SG Americas Securities LLC now owns 4,360 shares of the semiconductor company’s stock valued at $1,432,000 after purchasing an additional 2,376 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Nova by 21.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,565 shares of the semiconductor company’s stock worth $12,664,000 after buying an additional 6,804 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Nova by 7.0% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,493,657 shares of the semiconductor company’s stock valued at $490,502,000 after buying an additional 98,000 shares in the last quarter. Mizuho Markets Americas LLC purchased a new position in shares of Nova during the fourth quarter valued at $14,056,000. Finally, Hsbc Holdings PLC raised its position in Nova by 94.3% during the fourth quarter. Hsbc Holdings PLC now owns 27,115 shares of the semiconductor company’s stock valued at $9,077,000 after buying an additional 13,160 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Nova Price Performance

NVMI opened at $402.32 on Wednesday. Nova Ltd. has a fifty-two week low of $232.73 and a fifty-two week high of $615.99. The business has a 50-day moving average of $498.75 and a 200-day moving average of $477.19. The company has a market capitalization of $12.79 billion, a PE ratio of 50.16, a price-to-earnings-growth ratio of 3.10 and a beta of 1.74.

Nova (NASDAQ:NVMI) last announced 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. The business had revenue of $235.31 million during the quarter, compared to analyst estimates of $227.02 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.The firm’s revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. On average, equities research analysts expect that Nova Ltd. will post 9.46 earnings per share for the current fiscal year.

Insider Buying and Selling at Nova

In other Nova news, Director Sarit Sagiv sold 454 shares of Nova stock in a transaction that occurred on 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 directly owned 1,951 shares in the company, valued at $1,046,750.52. The trade was a 18.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eitan Oppenhaim sold 1,504 shares of Nova stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $519.48, for a total transaction of $781,297.92. Following the completion of the sale, the director owned 6,668 shares of the company’s stock, valued at $3,463,892.64. This trade represents a 18.40% decrease in their ownership of the stock. 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 7,798 shares of company stock worth $4,125,266 in the last ninety days. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

NVMI has been the subject of several research analyst reports. Evercore reissued an “outperform” rating and issued a $600.00 price objective on shares of Nova in a research note on Friday, May 15th. Citigroup upped their target price on Nova from $520.00 to $595.00 and gave the company a “buy” rating in a report on Friday, May 15th. Needham & Company LLC increased their price target on shares of Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Weiss Ratings cut shares of Nova from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Finally, Morgan Stanley boosted their price objective on shares of Nova from $494.00 to $540.00 and gave the company an “equal weight” rating in a research report on Monday, July 6th. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $556.67.

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.