Nova (NASDAQ:NVMI) Director Yaniv Garty Sells 366 Shares

Nova Ltd. (NASDAQ:NVMI) Director Yaniv Garty sold 366 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $581.20, for a total transaction of $212,719.20. Following the transaction, the director directly owned 2,006 shares in the company, valued at approximately $1,165,887.20. This represents a 15.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Yaniv Garty also recently made the following trade(s):

• On Monday, May 18th, Yaniv Garty sold 426 shares of Nova stock. The stock was sold at an average price of $514.49, for a total transaction of $219,172.74.
• On Thursday, April 2nd, Yaniv Garty sold 55 shares of Nova stock. The stock was sold at an average price of $425.00, for a total transaction of $23,375.00.

Nova Stock Down 1.7%

NASDAQ NVMI opened at $518.85 on Thursday. The company has a 50-day simple moving average of $522.36 and a two-hundred day simple moving average of $455.08. Nova Ltd. has a 12-month low of $232.73 and a 12-month high of $615.99. The firm has a market cap of $16.49 billion, a price-to-earnings ratio of 64.69, a PEG ratio of 3.83 and a beta of 1.75.

Nova (NASDAQ:NVMI) last released its quarterly earnings data on Thursday, May 14th. The semiconductor company reported $2.33 EPS for the quarter, topping the consensus estimate of $2.20 by $0.13. The firm had revenue of $235.31 million for 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 company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.18 earnings per share. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Equities analysts expect that Nova Ltd. will post 9.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NVMI shares. Evercore reaffirmed an “outperform” rating and issued a $600.00 price target on shares of Nova in a research note on Friday, May 15th. Jefferies Financial Group increased their price objective on Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Morgan Stanley set a $494.00 target price on shares of Nova in a report on Thursday, May 14th. Needham & Company LLC lifted their target price on shares of Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Finally, Barclays upped their price target on shares of Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $545.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NVMI. Smartleaf Asset Management LLC purchased a new stake in Nova in the 4th quarter worth approximately $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Nova in the 3rd quarter worth approximately $40,000. CIBC Private Wealth Group LLC increased its stake in shares of Nova by 75.7% during the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 56 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of 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 valued at $48,000 after buying an additional 143 shares during the period. Finally, TD Private Client Wealth LLC bought a new position in shares of Nova during the fourth quarter valued at approximately $74,000. Institutional investors own 82.99% of the company’s stock.

About Nova

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.