Baader Bank Aktiengesellschaft Takes Position in Nova Ltd. $NVMI

Baader Bank Aktiengesellschaft acquired a new stake in Nova Ltd. (NASDAQ:NVMI) during the 1st quarter, Holdings Channel.com reports. The firm acquired 3,400 shares of the semiconductor company’s stock, valued at approximately $1,477,000.

Several other hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC purchased a new stake in Nova during the fourth quarter worth about $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Nova in the third quarter valued at approximately $40,000. CIBC Private Wealth Group LLC grew its holdings in shares of Nova by 75.7% in the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Nova by 2,042.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock worth $48,000 after buying an additional 143 shares during the period. Finally, Advisors Asset Management Inc. increased its stake in Nova by 51.6% during the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock worth $69,000 after buying an additional 128 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NVMI. Wall Street Zen raised shares of 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 report on Thursday, May 14th. Barclays lifted their target price on Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Morgan Stanley upped their price target on Nova from $494.00 to $540.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. Finally, Weiss Ratings lowered Nova from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 7th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $556.67.

Nova Trading Down 1.0%

NVMI stock opened at $433.17 on Tuesday. The stock has a market cap of $13.77 billion, a P/E ratio of 54.01, a PEG ratio of 3.17 and a beta of 1.74. Nova Ltd. has a twelve month low of $232.73 and a twelve month high of $615.99. The company’s 50 day moving average is $506.54 and its two-hundred day moving average is $473.85.

Nova (NASDAQ:NVMI) last issued its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share (EPS) 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 company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. On average, equities research analysts predict that Nova Ltd. will post 9.46 earnings per share for the current year.

Insider Activity at Nova

In other Nova news, CEO Gabriel Waisman sold 2,966 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $501.30, for a total value of $1,486,855.80. Following the completion of the transaction, the chief executive officer owned 28,714 shares in the company, valued at $14,394,328.20. This represents a 9.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 company’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 completion of the transaction, the director owned 1,951 shares of the company’s stock, valued at $1,046,750.52. This represents a 18.88% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,798 shares of company stock valued at $4,125,266 in the last ninety days. 1.00% of the stock is currently owned by insiders.

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.