Eitan Oppenhaim Sells 1,504 Shares of Nova (NASDAQ:NVMI) Stock

Nova Ltd. (NASDAQ:NVMI) Director Eitan Oppenhaim sold 1,504 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $519.48, for a total value of $781,297.92. Following the transaction, the director directly owned 6,668 shares in the company, valued at $3,463,892.64. This trade represents a 18.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nova Trading Down 2.8%

Shares of Nova stock traded down $14.80 on Wednesday, reaching $512.46. 146,278 shares of the company were exchanged, compared to its average volume of 386,071. The company has a market capitalization of $16.29 billion, a price-to-earnings ratio of 63.71, a PEG ratio of 3.69 and a beta of 1.78. Nova Ltd. has a one year low of $199.10 and a one year high of $565.00. The company has a 50-day moving average of $491.04 and a 200 day moving average of $420.86.

Nova (NASDAQ:NVMI) last released its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.13. The business had revenue of $235.31 million during the quarter, compared to analysts’ expectations of $227.02 million. Nova had a net margin of 29.21% and a return on equity of 21.77%. The firm’s revenue was up 10.3% on a year-over-year basis. During the same period last year, the business earned $2.18 earnings per share. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Analysts predict that Nova Ltd. will post 9.35 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Morgan Stanley set a $494.00 price target on Nova in a research report on Thursday, May 14th. Evercore restated an “outperform” rating and set a $600.00 target price on shares of Nova in a research note on Friday, May 15th. Citigroup upped their price target on shares of Nova from $520.00 to $595.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Barclays increased 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. Finally, Jefferies Financial Group raised their price objective on shares of Nova from $520.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $518.22.

Institutional Trading of Nova

Hedge funds and other institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its holdings in Nova by 9.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 280 shares of the semiconductor company’s stock valued at $92,000 after purchasing an additional 24 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Nova by 2.7% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,124 shares of the semiconductor company’s stock worth $488,000 after purchasing an additional 30 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Nova by 3.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,200 shares of the semiconductor company’s stock valued at $375,000 after buying an additional 37 shares in the last quarter. Signaturefd LLC raised its position in shares of Nova by 4.5% in the fourth quarter. Signaturefd LLC now owns 992 shares of the semiconductor company’s stock valued at $326,000 after buying an additional 43 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of Nova by 20.0% in the first quarter. Parallel Advisors LLC now owns 264 shares of the semiconductor company’s stock valued at $115,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds 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.