Sarit Sagiv Buys Shares of Nova Ltd. (NVMI)
Insider Sarit Sagiv acquired 334 shares of Nova Ltd. on June 18, 2026.
Key Points
- Sarit Sagiv purchased 334 shares of Nova Ltd. (NVMI) on June 18, 2026, at an unspecified price.
- Nova Ltd.'s stock traded near $575.31 on Monday, with a market cap of $18.3 billion and a P/E ratio of 71.9.
- Analysts from Citigroup and Jefferies maintain buy ratings with price targets of $595 and $640 respectively.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Insider Sarit Sagiv has recently acquired 334 shares of Nova Ltd. (NasdaqGS: NVMI) on June 18, 2026. The transaction was not part of a planned trading arrangement, and the shares were purchased at an unspecified price. On Monday, Nova's stock traded around $575.31.
Insider Buying and Selling at Nova Ltd.
Alongside Sarit Sagiv, several other insiders, including Yaniv Garty, Avi Cohen, and Zehava Simon, also bought 334 shares each on the same day. Eitan Oppenhaim, another insider, acquired 1,043 shares. These transactions were not pre-planned under Rule 10b5-1.
Other Institutional Activity in Nova Ltd.
FMR LLC reduced its stake by 166,326 shares, leaving it with 2,759,193 shares valued at approximately $1.2 billion, a decrease of 5.7%. Meanwhile, Harel Insurance Investments & Financial Services Ltd. increased its holdings by 697,210 shares, reaching a total of 2,166,073 shares worth about $940.7 million, a 47.5% increase. Migdal Insurance & Financial Holdings Ltd. added 75,000 shares, now holding 1,568,657 shares valued at $681.2 million, a 5% rise. Clal Insurance Enterprises Holdings Ltd. made a modest addition of 1,718 shares, bringing its total to 1,205,865 shares, valued at $522.2 million.
Nova Ltd. Stock Up 67.0%
On Monday, Nova Ltd. (NasdaqGS: NVMI) traded near $575.31. The company has a market capitalization of about $18.3 billion and a P/E ratio of 71.9. Its forward P/E is 44.5, with a beta of 1.749, indicating higher volatility compared to the market. Over the past year, the stock has ranged from $229 to $615.99. Nova's 50-day moving average is $517.86, while its 200-day moving average stands at $407.22. The company maintains a current ratio of 1.579 and a quick ratio of 1.351, with a debt-to-equity ratio of 57.666.
$NVMI stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Nova Ltd. reported revenue of $902.5 million, growing by 10.3% year-over-year. The company achieved a net margin of 29.2% and a return on equity of 22.3%. Earnings per share stood at $8. The next earnings report is expected on August 13, 2026.
Analysts Set New Price Targets
On May 15, 2026, Citigroup maintained a buy rating for Nova Ltd. with a price target of $595. Jefferies also maintained a buy rating, setting a target at $640. Barclays echoed this sentiment with a buy rating and a $600 target. The consensus among eight analysts is a strong buy, with an average price target of $597.63.
About Nova Ltd.
Nova Ltd. is a technology company based in Rehovot, Israel, specializing in designing and producing process control systems for semiconductor manufacturing. Its products are used in various stages of chip production, including lithography and etching. Led by CEO Gabriel Waisman, Nova serves a global market, including Taiwan, the U.S., China, and Korea, with a workforce of 1,612 employees.
Bottom Line
Sarit Sagiv's purchase of Nova Ltd. shares adds to a series of insider transactions, reflecting ongoing interest in the company. Nova's robust financial performance and favorable analyst ratings suggest it remains a company to watch. Remember, 13F filings and insider reports provide a snapshot of past activities and may not represent current positions.
Get Nova Ltd. alerts
New 13F filings, insider trades, and analyst moves on $NVMI, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.