Insider Selling: Nova (NASDAQ:NVMI) Director Sells 426 Shares of Stock

Posted by Brenda Bartman on May 20th, 2026

Nova Ltd. (NASDAQ:NVMI – Get Free Report) Director Sarit Sagiv sold 426 shares of Nova stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $514.49, for a total transaction of $219,172.74. Following the completion of the transaction, the director directly owned 2,437 shares in the company, valued at approximately $1,253,812.13. This trade represents a 14.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nova Price Performance

NVMI stock traded up $17.10 on Wednesday, reaching $489.59. 114,481 shares of the company were exchanged, compared to its average volume of 387,238. The firm has a market capitalization of $15.56 billion, a PE ratio of 61.05, a PEG ratio of 3.57 and a beta of 1.78. The stock’s fifty day moving average price is $483.54 and its 200 day moving average price is $415.09. Nova Ltd. has a 12 month low of $179.00 and a 12 month high of $565.00.

Nova (NASDAQ:NVMI – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The semiconductor company reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.13. Nova had a net margin of 29.21% and a return on equity of 21.77%. The firm had revenue of $235.31 million for the quarter, compared to analyst estimates of $227.02 million. During the same quarter in the prior year, the firm earned $2.18 EPS. The company’s revenue was up 10.3% on a year-over-year basis. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, research analysts expect that Nova Ltd. will post 9.35 EPS for the current fiscal year.

Hedge Funds Weigh In On Nova

Several institutional investors have recently modified their holdings of NVMI. Harel Insurance Investments & Financial Services Ltd. increased its holdings 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 worth $940,683,000 after purchasing an additional 697,210 shares during the period. Invesco Ltd. boosted its position in Nova by 185.4% during the third 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 in the last quarter. Phoenix Financial Ltd. increased its holdings in shares of Nova by 286.3% in the fourth quarter. Phoenix Financial Ltd. now owns 508,641 shares of the semiconductor company’s stock valued at $167,115,000 after purchasing an additional 376,974 shares during the last quarter. Norges Bank acquired a new stake in Nova during the fourth quarter worth $109,568,000. Finally, Groupama Asset Managment purchased a new position in shares of Nova during the third quarter worth $79,915,000. 82.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on NVMI shares. Barclays boosted their price target on Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Citigroup boosted their price target on Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Evercore restated an “outperform” rating and set a $600.00 price target on shares of Nova in a report on Friday. Weiss Ratings upgraded Nova from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 14th. Finally, Jefferies Financial Group boosted their price target on Nova from $520.00 to $640.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $518.22.

Check Out Our Latest Stock Report on NVMI

About Nova

(Get Free Report)

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.