Noked Israel Ltd Decreases Holdings in Nova Ltd. $NVMI

Noked Israel Ltd decreased its position in Nova Ltd. (NASDAQ:NVMI) by 26.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 133,257 shares of the semiconductor company’s stock after selling 47,800 shares during the period. Nova accounts for 6.7% of Noked Israel Ltd’s portfolio, making the stock its 5th largest position. Noked Israel Ltd’s holdings in Nova were worth $42,597,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Wasatch Advisors LP boosted its position in shares of Nova by 4.9% in the 2nd quarter. Wasatch Advisors LP now owns 2,200,948 shares of the semiconductor company’s stock worth $605,701,000 after purchasing an additional 102,250 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in shares of Nova by 3.9% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,549,154 shares of the semiconductor company’s stock valued at $428,980,000 after purchasing an additional 58,600 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Nova by 6.4% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,428,607 shares of the semiconductor company’s stock worth $456,669,000 after acquiring an additional 86,438 shares in the last quarter. Vanguard Group Inc. increased its holdings in Nova by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 1,113,762 shares of the semiconductor company’s stock worth $354,172,000 after purchasing an additional 10,441 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Nova by 6.0% during the second quarter. Franklin Resources Inc. now owns 629,894 shares of the semiconductor company’s stock worth $173,350,000 after buying an additional 35,870 shares in the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Nova Stock Performance

Shares of Nova stock opened at $411.33 on Friday. The company has a 50 day moving average of $429.48 and a 200-day moving average of $350.46. The company has a market cap of $13.07 billion, a PE ratio of 51.35, a price-to-earnings-growth ratio of 3.01 and a beta of 1.83. Nova Ltd. has a 1-year low of $153.99 and a 1-year high of $507.27. The company has a current ratio of 6.28, a quick ratio of 5.47 and a debt-to-equity ratio of 0.56.

Nova (NASDAQ:NVMI) last issued its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.01. Nova had a return on equity of 22.90% and a net margin of 29.44%.The company had revenue of $222.62 million for the quarter, compared to analyst estimates of $220.43 million. During the same quarter last year, the company posted $1.94 EPS. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. As a group, equities research analysts forecast that Nova Ltd. will post 7.52 earnings per share for the current fiscal year.

Analyst Ratings Changes

NVMI has been the topic of a number of research reports. Evercore reissued an “outperform” rating and issued a $485.00 price objective on shares of Nova in a research report on Friday, February 13th. Bank of America lifted their price objective on shares of Nova from $380.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nova in a research note on Monday, December 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $520.00 target price on shares of Nova in a report on Thursday, February 12th. Finally, Morgan Stanley restated an “outperform” rating and issued a $453.00 price target on shares of Nova in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $439.00.

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.