ABN Amro Investment Solutions Makes New Investment in Nova Ltd. $NVMI

ABN Amro Investment Solutions acquired a new position in Nova Ltd. (NASDAQ:NVMI) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,861 shares of the semiconductor company’s stock, valued at approximately $3,848,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Harel Insurance Investments & Financial Services Ltd. increased its position in Nova by 47.5% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,166,073 shares of the semiconductor company’s stock valued at $940,683,000 after purchasing an additional 697,210 shares during the period. Invesco Ltd. lifted its position in shares of Nova by 185.4% in the 3rd quarter. Invesco Ltd. now owns 607,344 shares of the semiconductor company’s stock worth $194,144,000 after purchasing an additional 394,544 shares during the period. Phoenix Financial Ltd. lifted its position in shares of Nova by 286.3% in the 4th quarter. Phoenix Financial Ltd. now owns 508,641 shares of the semiconductor company’s stock worth $167,115,000 after purchasing an additional 376,974 shares during the period. Norges Bank bought a new position in shares of Nova during the fourth quarter valued at approximately $109,568,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Nova during the fourth quarter valued at approximately $56,158,000. 82.99% of the stock is currently owned by institutional investors.

Nova Stock Up 0.2%

Shares of NVMI opened at $455.37 on Friday. The company has a 50 day moving average of $502.74 and a two-hundred day moving average of $476.37. Nova Ltd. has a twelve month low of $232.73 and a twelve month high of $615.99. The company has a market cap of $14.47 billion, a price-to-earnings ratio of 56.78, a price-to-earnings-growth ratio of 3.29 and a beta of 1.74.

Nova (NASDAQ:NVMI) last issued its quarterly earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.13. Nova had a return on equity of 21.77% and a net margin of 29.21%.The business had revenue of $235.31 million for the quarter, compared to the consensus estimate of $227.02 million. During the same period in the prior year, the firm posted $2.18 earnings per share. The business’s quarterly revenue was up 10.3% on a year-over-year basis. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. On average, sell-side analysts expect that Nova Ltd. will post 9.46 EPS for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on NVMI shares. Weiss Ratings lowered Nova from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Jefferies Financial Group lifted their price target on Nova from $520.00 to $640.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Wall Street Zen raised Nova from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Needham & Company LLC upped their price objective on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Finally, Evercore reaffirmed an “outperform” rating and set a $600.00 price objective 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 three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $556.67.

Insiders Place Their Bets

In other Nova news, CEO Gabriel Waisman sold 2,966 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $501.30, for a total transaction of $1,486,855.80. Following the transaction, the chief executive officer owned 28,714 shares in the company, valued at approximately $14,394,328.20. This represents a 9.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yaniv Garty sold 426 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $514.49, for a total transaction of $219,172.74. Following the transaction, the director owned 2,038 shares in the company, valued at $1,048,530.62. The trade was a 17.29% 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 have sold 7,798 shares of company stock valued at $4,125,266 in the last 90 days. Corporate insiders own 1.00% of the company’s stock.

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.