3,276 Shares in Nova Ltd. $NVMI Bought by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA acquired 3,276 shares of Nova Ltd. valued at approximately $604,000 in the first quarter, indicating growing institutional interest in the semiconductor company.
• Nova's stock recently rose 1.9% and is currently trading at $255.70, with a market cap of $7.52 billion and a PE ratio of 34.79.
• In its latest earnings report, Nova beat analysts' estimates with $2.20 earnings per share and reported a year-over-year revenue increase of 40.2%, setting Q3 2025 EPS guidance between 2.020 and 2.220.

Petrus Trust Company LTA acquired a new stake in Nova Ltd. (NASDAQ:NVMI - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 3,276 shares of the semiconductor company's stock, valued at approximately $604,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ASR Vermogensbeheer N.V. purchased a new position in shares of Nova in the 1st quarter valued at about $26,000. Advisors Asset Management Inc. boosted its stake in shares of Nova by 51.6% in the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company's stock valued at $69,000 after buying an additional 128 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Nova by 7.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,269 shares of the semiconductor company's stock valued at $234,000 after buying an additional 87 shares during the period. Wellington Management Group LLP purchased a new position in shares of Nova in the 4th quarter valued at about $237,000. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Nova in the 1st quarter valued at about $239,000. Hedge funds and other institutional investors own 82.99% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on NVMI. Bank of America boosted their target price on Nova from $250.00 to $270.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Cantor Fitzgerald restated an "overweight" rating and set a $300.00 target price (up previously from $250.00) on shares of Nova in a research note on Tuesday, June 24th. Finally, Wall Street Zen cut Nova from a "buy" rating to a "hold" rating in a research note on Friday, May 30th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $282.50.

Nova Stock Up 1.8%

NVMI traded up $5.23 during trading on Friday, hitting $293.42. 79,269 shares of the stock were exchanged, compared to its average volume of 296,515. The firm has a market capitalization of $8.63 billion, a P/E ratio of 39.92, a PEG ratio of 2.31 and a beta of 1.72. Nova Ltd. has a 1-year low of $153.99 and a 1-year high of $292.92. The stock has a fifty day moving average price of $267.96 and a two-hundred day moving average price of $228.55.

Nova (NASDAQ:NVMI - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.05 by $0.15. The company had revenue of $219.99 million for the quarter, compared to analyst estimates 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 quarter in the previous year, the company posted $1.61 earnings per share. Nova has set its Q3 2025 guidance at 2.020-2.220 EPS. Analysts predict 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.