Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Purchases 37,535 Shares of Nova Ltd. $NVMI

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its position in shares of Nova Ltd. (NASDAQ:NVMI) by 123.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 67,973 shares of the semiconductor company’s stock after buying an additional 37,535 shares during the quarter. Nova accounts for 1.4% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s investment portfolio, making the stock its 26th biggest holding. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in Nova were worth $18,717,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. ASR Vermogensbeheer N.V. acquired a new position in shares of Nova during the 1st quarter worth approximately $26,000. Parallel Advisors LLC boosted its position in Nova by 182.7% during the 2nd quarter. Parallel Advisors LLC now owns 212 shares of the semiconductor company’s stock worth $58,000 after buying an additional 137 shares during the period. Advisors Asset Management Inc. boosted its position 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. Farther Finance Advisors LLC boosted its position in Nova by 13.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 306 shares of the semiconductor company’s stock worth $84,000 after buying an additional 37 shares during the period. Finally, Flaharty Asset Management LLC acquired a new position in shares of Nova in the 1st quarter worth approximately $92,000. 82.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Nova Stock Performance

Shares of NASDAQ:NVMI opened at $340.35 on Friday. The company’s 50-day moving average is $294.51 and its 200 day moving average is $251.30. The company has a market capitalization of $10.01 billion, a P/E ratio of 46.31, a price-to-earnings-growth ratio of 2.27 and a beta of 1.76. Nova Ltd. has a fifty-two week low of $153.99 and a fifty-two week high of $342.00.

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

Nova Company Profile

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.