Clal Insurance Enterprises Holdings Ltd Buys 58,600 Shares of Nova Ltd. $NVMI

Clal Insurance Enterprises Holdings Ltd lifted its stake in Nova Ltd. (NASDAQ:NVMI) by 3.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,549,154 shares of the semiconductor company’s stock after acquiring an additional 58,600 shares during the quarter. Nova makes up approximately 4.2% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 6th largest position. Clal Insurance Enterprises Holdings Ltd owned approximately 0.05% of Nova worth $428,980,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. TD Waterhouse Canada Inc. grew its stake in Nova by 1,020.1% in the second quarter. TD Waterhouse Canada Inc. now owns 1,949 shares of the semiconductor company’s stock valued at $523,000 after purchasing an additional 1,775 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new stake in shares of Nova in the 2nd quarter valued at approximately $301,000. Y.D. More Investments Ltd grew its stake in shares of Nova by 6.8% in the second quarter. Y.D. More Investments Ltd now owns 318,035 shares of the semiconductor company’s stock valued at $89,781,000 after buying an additional 20,114 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Nova by 33.0% in the second quarter. Cetera Investment Advisers now owns 6,662 shares of the semiconductor company’s stock valued at $1,833,000 after buying an additional 1,653 shares in the last quarter. Finally, Creative Planning increased its holdings in Nova by 5.6% during the second quarter. Creative Planning now owns 1,663 shares of the semiconductor company’s stock worth $458,000 after buying an additional 88 shares during the last quarter. 82.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on NVMI shares. Benchmark lifted their price objective on shares of Nova from $280.00 to $345.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Evercore ISI raised their target price on shares of Nova from $290.00 to $340.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Nova in a research report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $307.00.

Nova Stock Performance

NASDAQ NVMI opened at $283.63 on Wednesday. The firm has a 50-day moving average of $318.23 and a 200-day moving average of $270.23. The stock has a market cap of $8.34 billion, a PE ratio of 38.59, a P/E/G ratio of 2.44 and a beta of 1.79. Nova Ltd. has a 52-week low of $153.99 and a 52-week high of $361.32.

Nova (NASDAQ:NVMI) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $2.12 by $0.04. The business had revenue of $224.61 million for the quarter, compared to analyst estimates of $221.61 million. Nova had a net margin of 29.10% and a return on equity of 24.36%. Nova’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.74 EPS. Nova has set its Q4 2025 guidance at 2.020-2.200 EPS. Q4 2025 guidance at 2.020-2.200 EPS. As a group, analysts predict that Nova Ltd. will post 7.52 EPS for the current fiscal year.

Nova Company Profile

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.