Gabriel Waisman Sells 2,966 Shares of Nova (NASDAQ:NVMI) Stock

Nova Ltd. (NASDAQ:NVMI) CEO Gabriel Waisman sold 2,966 shares of Nova stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $501.30, for a total value of $1,486,855.80. Following the completion of the sale, the chief executive officer owned 28,714 shares of the company’s stock, valued at approximately $14,394,328.20. The trade was a 9.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nova Stock Performance

Nova stock opened at $470.14 on Monday. Nova Ltd. has a 1 year low of $232.73 and a 1 year high of $615.99. The company has a market cap of $14.94 billion, a PE ratio of 58.62, a PEG ratio of 3.41 and a beta of 1.74. The company’s 50-day moving average is $519.81 and its two-hundred day moving average is $463.70.

Nova (NASDAQ:NVMI) last issued its quarterly earnings results 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 company 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%. Nova’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Research analysts forecast that Nova Ltd. will post 9.44 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Needham & Company LLC raised their price target on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Zacks Research downgraded Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Wall Street Zen raised Nova from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Morgan Stanley set a $494.00 target price on Nova in a report on Thursday, May 14th. Finally, Evercore restated an “outperform” rating and set a $600.00 target price on shares of Nova in a research report on Friday, May 15th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Nova currently has an average rating of “Moderate Buy” and a consensus price target of $545.50.

Institutional Trading of Nova

A number of large investors have recently made changes to their positions in the company. Strategic Investment Advisors MI bought a new position in Nova during the first quarter worth about $109,000. Altshuler Shaham Ltd lifted its holdings in shares of Nova by 87.7% during the 1st quarter. Altshuler Shaham Ltd now owns 21,351 shares of the semiconductor company’s stock valued at $9,151,000 after purchasing an additional 9,974 shares in the last quarter. Amundi grew its position in shares of Nova by 139.0% in the 1st quarter. Amundi now owns 54,473 shares of the semiconductor company’s stock valued at $23,657,000 after purchasing an additional 31,678 shares during the period. EverSource Wealth Advisors LLC increased its stake in Nova by 35.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 379 shares of the semiconductor company’s stock worth $165,000 after purchasing an additional 99 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in Nova in the first quarter valued at approximately $356,000. Institutional investors own 82.99% of the company’s stock.

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.