Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Stock Holdings in Nova Ltd. $NVMI

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Nova Ltd. (NASDAQ:NVMI) by 7.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,148 shares of the semiconductor company’s stock after acquiring an additional 1,319 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.06% of Nova worth $8,750,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Sequoia Financial Advisors LLC raised its position in Nova by 21.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 987 shares of the semiconductor company’s stock valued at $429,000 after purchasing an additional 172 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of Nova by 309.1% during the 1st quarter. Kestra Advisory Services LLC now owns 1,256 shares of the semiconductor company’s stock worth $545,000 after buying an additional 949 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Nova by 2.7% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,124 shares of the semiconductor company’s stock worth $488,000 after buying an additional 30 shares in the last quarter. Meitav Investment House Ltd. increased its stake in shares of Nova by 3.7% during the first quarter. Meitav Investment House Ltd. now owns 572,189 shares of the semiconductor company’s stock valued at $247,326,000 after buying an additional 20,345 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Nova in the first quarter valued at about $500,000. 82.99% of the stock is owned by hedge funds and other institutional investors.

Nova Stock Down 4.9%

NASDAQ:NVMI opened at $452.73 on Tuesday. The stock has a market capitalization of $14.39 billion, a price-to-earnings ratio of 56.45, a PEG ratio of 3.44 and a beta of 1.74. Nova Ltd. has a 52 week low of $232.73 and a 52 week high of $615.99. The firm has a 50 day moving average of $513.22 and a 200 day moving average of $469.66.

Nova (NASDAQ:NVMI) last issued its quarterly earnings results 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 business had revenue of $235.31 million for the quarter, compared to analyst estimates of $227.02 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.The company’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.18 earnings per share. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, analysts expect that Nova Ltd. will post 9.46 EPS for the current year.

Insider Buying and Selling

In related news, Director Yaniv Garty sold 366 shares of the firm’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $581.20, for a total transaction of $212,719.20. Following the sale, the director directly owned 2,006 shares of the company’s stock, valued at $1,165,887.20. This trade represents a 15.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 454 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $536.52, for a total transaction of $243,580.08. Following the sale, the director owned 1,951 shares in the company, valued at approximately $1,046,750.52. This represents a 18.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 7,798 shares of company stock valued at $4,125,266 over the last quarter. 1.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Needham & Company LLC upped their price objective 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. Morgan Stanley raised their target price on shares of Nova from $494.00 to $540.00 and gave the company an “equal weight” rating in a research report on Monday, July 6th. Wall Street Zen upgraded shares of Nova from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Zacks Research cut shares of Nova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Finally, Weiss Ratings cut shares of Nova from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 7th. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $551.25.

Nova 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.