Barclays PLC Has $1.30 Million Stake in Nova Ltd. (NASDAQ:NVMI)

Barclays PLC decreased its holdings in Nova Ltd. (NASDAQ:NVMI) by 81.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,259 shares of the semiconductor company’s stock after selling 26,801 shares during the period. Barclays PLC’s holdings in Nova were worth $1,304,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NVMI. Quarry LP grew its stake in shares of Nova by 438.5% in the 3rd quarter. Quarry LP now owns 140 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 114 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Nova by 89.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 165 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 78 shares in the last quarter. Employees Retirement System of Texas bought a new stake in shares of Nova in the 2nd quarter valued at approximately $68,000. Signaturefd LLC grew its stake in shares of Nova by 31.4% in the 3rd quarter. Signaturefd LLC now owns 1,008 shares of the semiconductor company’s stock valued at $210,000 after buying an additional 241 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Nova in the 2nd quarter valued at approximately $211,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

Analyst Upgrades and Downgrades

NVMI has been the subject of several recent research reports. Benchmark boosted their price target on Nova from $240.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Citigroup raised Nova from a “neutral” rating to a “buy” rating and upped their target price for the stock from $226.00 to $240.00 in a research report on Monday, January 6th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Nova in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $231.00.

Nova Stock Down 0.9 %

Shares of NVMI stock opened at $217.72 on Monday. Nova Ltd. has a 12 month low of $129.39 and a 12 month high of $247.21. The firm has a market cap of $6.32 billion, a PE ratio of 40.62, a price-to-earnings-growth ratio of 1.78 and a beta of 1.42. The stock has a 50 day moving average of $193.31 and a 200-day moving average of $203.89.

About Nova

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.