1 week Ago By ABMN Staff
Mariner LLC boosted its holdings in shares of Nova Ltd. ( NASDAQ:NVMI – Free Report ) by 111.1% during the 4th quarter, HoldingsChannel.
com reports. The institutional investor owned 4,852 shares of the semiconductor company’s stock after acquiring an additional 2,554 shares during the quarter. Mariner LLC’s holdings in Nova were worth $956,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC boosted its stake in Nova by 24.1% in the fourth quarter.
Steward Partners Investment Advisory LLC now owns 401 shares of the semiconductor company’s stock valued at $79,000 after acquiring an additional 78 shares in the last quarter. SBI Securities Co. Ltd.
purchased a new position in Nova during the 4th quarter worth approximately $112,000. Quadrant Capital Group LLC lifted its position in Nova by 5.2% during the fourth quarter.
Quadrant Capital Group LLC now owns 1,030 shares of the semiconductor company’s stock valued at $203,000 after purchasing an additional 51 shares during the period. Advisory Services Network LLC boosted its stake in shares of Nova by 5.0% in the fourth quarter.
Advisory Services Network LLC now owns 1,149 shares of the semiconductor company’s stock worth $226,000 after buying an additional 55 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Nova by 79.
6% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,182 shares of the semiconductor company’s stock worth $233,000 after purchasing an additional 524 shares in the last quarter.
82.99% of the stock is owned by institutional investors. Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on NVMI shares.
Cantor Fitzgerald dropped their target price on Nova from $315.00 to $300.00 and set an “overweight” rating on the stock in a research report on Friday, March 14th.
Benchmark lifted their price target on Nova from $245.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, February 14th.
Bank of America reduced their target price on shares of Nova from $310.00 to $248.00 and set a “buy” rating for the company in a research report on Wednesday, April 16th.
Needham & Company LLC reaffirmed a “hold” rating on shares of Nova in a report on Friday, February 14th. Finally, Citigroup upgraded shares of Nova from a “neutral” rating to a “buy” rating and boosted their target price for the company from $226.00 to $240.
00 in a report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock has an average rating of “Moderate Buy” and an average price target of $264.60. Nova Stock Performance NASDAQ NVMI opened at $196.
65 on Monday. The firm has a market cap of $5.76 billion, a price-to-earnings ratio of 34.
26, a PEG ratio of 2.55 and a beta of 1.63.
Nova Ltd. has a one year low of $154.00 and a one year high of $289.
90. The firm has a 50 day simple moving average of $204.05 and a 200-day simple moving average of $207.
03. Nova ( NASDAQ:NVMI – Get Free Report ) last posted its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $1.
78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.04).
Nova had a net margin of 27.33% and a return on equity of 22.33%.
The company had revenue of $194.77 million during the quarter, compared to analyst estimates of $186.50 million.
Equities analysts predict that Nova Ltd. will post 7.52 EPS for the current fiscal year.
Nova Profile ( Free Report ) 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.
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