Clal Insurance Enterprises Holdings Ltd Has $428.98 Million Stock Position in Nova Ltd. $NVMI

Clal Insurance Enterprises Holdings Ltd increased its position in shares of Nova Ltd. (NASDAQ:NVMI) by 3.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,549,154 shares of the semiconductor company’s stock after acquiring an additional 58,600 shares during the quarter. Nova comprises approximately 4.2% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 6th biggest holding. Clal Insurance Enterprises Holdings Ltd owned about 5.27% of Nova worth $428,980,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. ASR Vermogensbeheer N.V. acquired a new stake in Nova in the first quarter worth $26,000. SBI Securities Co. Ltd. increased its position in shares of Nova by 51.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 164 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 56 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Nova by 182.7% in the 2nd quarter. Parallel Advisors LLC now owns 212 shares of the semiconductor company’s stock valued at $58,000 after buying an additional 137 shares in the last quarter. Advisors Asset Management Inc. raised 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. Finally, Farther Finance Advisors LLC lifted its holdings in Nova by 13.8% during the second quarter. Farther Finance Advisors LLC now owns 306 shares of the semiconductor company’s stock worth $84,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NVMI. Evercore ISI boosted their target price on Nova from $290.00 to $340.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Benchmark increased their target price on Nova from $280.00 to $345.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Nova in a report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Nova has an average rating of “Moderate Buy” and a consensus target price of $307.00.

Nova Price Performance

NVMI stock opened at $283.63 on Wednesday. The stock has a market capitalization of $8.34 billion, a P/E ratio of 38.59, a P/E/G ratio of 2.44 and a beta of 1.79. Nova Ltd. has a fifty-two week low of $153.99 and a fifty-two week high of $361.32. The business has a 50-day moving average of $318.23 and a 200-day moving average of $270.23.

Nova (NASDAQ:NVMI) last released its earnings results on Thursday, November 6th. The semiconductor company reported $2.16 EPS for the quarter, beating the consensus estimate of $2.12 by $0.04. The firm had revenue of $224.61 million for the quarter, compared to analysts’ expectations of $221.61 million. Nova had a return on equity of 24.36% and a net margin of 29.10%.The business’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.74 EPS. Nova has set its Q4 2025 guidance at 2.020-2.200 EPS. Q4 2025 guidance at 2.020-2.200 EPS. Equities analysts expect that Nova Ltd. will post 7.52 EPS 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.