TFB Advisors LLC Sells 94 Shares of Nova Ltd. $NVMI

TFB Advisors LLC lessened its stake in Nova Ltd. (NASDAQ:NVMI) by 4.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,978 shares of the semiconductor company’s stock after selling 94 shares during the period. TFB Advisors LLC’s holdings in Nova were worth $544,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Phoenix Financial Ltd. grew its position in shares of Nova by 28.7% in the 2nd quarter. Phoenix Financial Ltd. now owns 398,260 shares of the semiconductor company’s stock valued at $109,601,000 after buying an additional 88,824 shares during the last quarter. Stephens Inc. AR grew its position in shares of Nova by 1.0% in the 2nd quarter. Stephens Inc. AR now owns 15,707 shares of the semiconductor company’s stock valued at $4,323,000 after buying an additional 153 shares during the last quarter. Curated Wealth Partners LLC bought a new stake in shares of Nova in the 2nd quarter valued at about $208,000. Vanguard Personalized Indexing Management LLC grew its position in shares of Nova by 9.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,896 shares of the semiconductor company’s stock valued at $1,347,000 after buying an additional 442 shares during the last quarter. Finally, Blue Trust Inc. grew its position in shares of Nova by 6.2% in the 2nd quarter. Blue Trust Inc. now owns 1,805 shares of the semiconductor company’s stock valued at $497,000 after buying an additional 106 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Nova in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Nova presently has a consensus rating of “Moderate Buy” and an average price target of $282.50.

Nova Price Performance

Shares of NASDAQ:NVMI opened at $327.70 on Thursday. The company has a market capitalization of $9.63 billion, a price-to-earnings ratio of 44.59, a P/E/G ratio of 2.31 and a beta of 1.76. The business’s 50-day moving average is $293.12 and its 200-day moving average is $250.13. Nova Ltd. has a 1 year low of $153.99 and a 1 year high of $342.00.

Nova (NASDAQ:NVMI) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. The company had revenue of $219.99 million for the quarter, compared to the consensus estimate of $214.95 million. Nova had a return on equity of 24.36% and a net margin of 29.10%.The firm’s revenue was up 40.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.61 EPS. Nova has set its Q3 2025 guidance at 2.020-2.220 EPS. Analysts anticipate that Nova Ltd. will post 7.52 EPS for the current year.

About Nova

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.