Key Points
- Nova director Eitan Oppenhaim sold 1,290 shares on June 22 at an average price of $581.20, for about $749,748. The sale reduced his stake by 16.73% and was made under a pre-arranged Rule 10b5-1 trading plan.
- Nova recently reported strong quarterly results, with EPS of $2.33 and revenue of $235.31 million, both ahead of analyst expectations. Revenue rose 10.3% year over year, and the company guided Q2 2026 EPS to a range of 2.340 to 2.480.
- Wall Street remains broadly positive on NVMI, with eight Buy ratings and two Hold ratings. The consensus analyst price target is $545.50, though some firms recently raised targets as high as $640.
Nova Ltd. (NASDAQ:NVMI - Get Free Report) Director Sarit Sagiv 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 directly owned 2,405 shares in the company, valued at approximately $1,397,786. This trade represents a 13.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sarit Sagiv also recently made the following trade(s):
- On Tuesday, June 23rd, Sarit Sagiv sold 454 shares of Nova stock. The stock was sold at an average price of $536.52, for a total transaction of $243,580.08.
- On Monday, May 18th, Sarit Sagiv sold 426 shares of Nova stock. The shares were sold at an average price of $514.49, for a total transaction of $219,172.74.
Nova Stock Down 1.7%
Nova stock opened at $518.85 on Thursday. Nova Ltd. has a 12-month low of $232.73 and a 12-month high of $615.99. The firm's fifty day moving average is $522.36 and its 200 day moving average is $455.08. The company has a market capitalization of $16.49 billion, a PE ratio of 64.69, a PEG ratio of 3.83 and a beta of 1.75.
Nova (NASDAQ:NVMI - Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The semiconductor company reported $2.33 EPS for the quarter, topping analysts' consensus estimates of $2.20 by $0.13. Nova had a net margin of 29.21% and a return on equity of 21.77%. The business had revenue of $235.31 million during the quarter, compared to analysts' expectations of $227.02 million. During the same period last year, the company posted $2.18 earnings per share. The business'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. Sell-side analysts expect that Nova Ltd. will post 9.44 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of analysts recently commented on NVMI shares. Barclays boosted their target price on Nova from $465.00 to $600.00 and gave the company an "overweight" rating in a research report on Friday, May 15th. Morgan Stanley set a $494.00 price objective on Nova in a research note on Thursday, May 14th. Wall Street Zen raised Nova from a "sell" rating to a "hold" rating in a research report on Saturday, May 16th. Evercore reiterated an "outperform" rating and issued a $600.00 target price on shares of Nova in a report on Friday, May 15th. Finally, Jefferies Financial Group lifted their price target on shares of Nova from $520.00 to $640.00 and gave the company a "buy" rating in a research report on Thursday, May 14th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Nova has a consensus rating of "Moderate Buy" and an average target price of $545.50.
View Our Latest Report on NVMI
Hedge Funds Weigh In On Nova
Several large investors have recently added to or reduced their stakes in NVMI. SG Americas Securities LLC boosted its stake in Nova by 119.8% during the 4th 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 during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake 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 purchasing an additional 6,804 shares during the last quarter. Mizuho Markets Americas LLC purchased a new stake in shares of Nova in the fourth quarter worth approximately $14,056,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Nova by 7.0% in 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 purchasing an additional 98,000 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of Nova by 2,128.7% in the third quarter. Citigroup Inc. now owns 128,641 shares of the semiconductor company's stock valued at $41,121,000 after purchasing an additional 122,869 shares in the last quarter. Institutional investors own 82.99% of the company's stock.
About Nova
(
Get Free Report)
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.
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