Janus Henderson Group PLC Sells 214,958 Shares of Nova Ltd. $NVMI

Janus Henderson Group PLC cut its position in Nova Ltd. (NASDAQ:NVMI) by 72.7% during the 1st quarter, HoldingsChannel reports. The firm owned 80,609 shares of the semiconductor company’s stock after selling 214,958 shares during the quarter. Janus Henderson Group PLC’s holdings in Nova were worth $34,989,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC bought a new stake in shares of Nova during the fourth quarter worth $29,000. Measured Wealth Private Client Group LLC bought a new position in Nova during the 3rd quarter worth about $40,000. CIBC Private Wealth Group LLC raised its stake in shares of Nova by 75.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 56 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Nova by 2,042.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 143 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Nova by 51.6% in the first quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock valued at $69,000 after purchasing an additional 128 shares in the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Nova Stock Performance

Shares of NASDAQ NVMI opened at $390.87 on Monday. The stock has a 50 day moving average price of $491.91 and a 200 day moving average price of $477.04. Nova Ltd. has a 52 week low of $232.73 and a 52 week high of $615.99. The stock has a market capitalization of $12.42 billion, a PE ratio of 48.74, a price-to-earnings-growth ratio of 2.83 and a beta of 1.78.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on NVMI shares. Weiss Ratings downgraded Nova from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Barclays boosted their target price on Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Wall Street Zen raised Nova from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Jefferies Financial Group raised their price target on shares of Nova from $520.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $600.00 price objective on shares of Nova in a report on Tuesday, July 14th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Nova currently has a consensus rating of “Moderate Buy” and a consensus price target of $556.67.

Insider Buying and Selling

In related news, Director Sarit Sagiv sold 454 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $536.52, for a total transaction of $243,580.08. Following the transaction, the director directly owned 1,951 shares in the company, valued at approximately $1,046,750.52. The trade was a 18.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 business’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $501.30, for a total transaction of $1,486,855.80. Following the transaction, the chief executive officer owned 28,714 shares in the company, valued at approximately $14,394,328.20. The trade was a 9.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 7,798 shares of company stock worth $4,125,266. 1.00% of the stock is owned by corporate insiders.

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.