Nova (NASDAQ:NVMI) Director Eitan Oppenhaim Sells 1,290 Shares of Stock

Nova Ltd. (NASDAQ:NVMI) Director Eitan Oppenhaim sold 1,290 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $581.20, for a total value of $749,748.00. Following the sale, the director owned 6,421 shares of the company’s stock, valued at approximately $3,731,885.20. This represents a 16.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Eitan Oppenhaim also recently made the following trade(s):

• On Tuesday, May 26th, Eitan Oppenhaim sold 1,504 shares of Nova stock. The shares were sold at an average price of $519.48, for a total value of $781,297.92.

Nova Trading Down 3.1%

Shares of NASDAQ:NVMI traded down $16.11 on Wednesday, reaching $511.77. The company had a trading volume of 164,984 shares, compared to its average volume of 405,173. Nova Ltd. has a 52-week low of $232.73 and a 52-week high of $615.99. The firm’s 50 day simple moving average is $522.12 and its 200-day simple moving average is $453.68. The firm has a market capitalization of $16.27 billion, a PE ratio of 63.92, a PEG ratio of 4.23 and a beta of 1.75.

Nova (NASDAQ:NVMI) last issued its quarterly earnings data on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.13. The firm had revenue of $235.31 million during the quarter, compared to analysts’ expectations of $227.02 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, equities research analysts predict that Nova Ltd. will post 9.44 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NVMI. SG Americas Securities LLC raised its position in Nova by 119.8% during the 4th quarter. SG Americas Securities LLC now owns 4,360 shares of the semiconductor company’s stock worth $1,432,000 after buying an additional 2,376 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased 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 acquiring an additional 6,804 shares during the period. Mizuho Markets Americas LLC acquired a new stake in shares of Nova in the fourth quarter worth $14,056,000. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Nova by 7.0% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,493,657 shares of the semiconductor company’s stock worth $490,502,000 after purchasing an additional 98,000 shares during the last quarter. Finally, Citigroup Inc. raised its holdings in shares of Nova by 2,128.7% during the third quarter. Citigroup Inc. now owns 128,641 shares of the semiconductor company’s stock worth $41,121,000 after purchasing an additional 122,869 shares during the last quarter. 82.99% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NVMI has been the subject of several analyst reports. Evercore reissued an “outperform” rating and set a $600.00 price target on shares of Nova in a research report on Friday, May 15th. Morgan Stanley set a $494.00 price objective on shares of Nova in a research report on Thursday, May 14th. Citigroup boosted their price objective on shares of Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Weiss Ratings raised shares of Nova from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Finally, Zacks Research downgraded shares of Nova from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $545.50.

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.