Sarit Sagiv Sells Shares of Nova Ltd. (NVMI)
Sarit Sagiv sold 454 shares of Nova Ltd. in a planned transaction on June 23, 2026.
Key Points
- Sarit Sagiv sold 454 shares of Nova Ltd., valued at $243,580.08, on June 23, 2026, as part of a planned transaction.
- Nova Ltd.'s stock traded at $527.88 on Wednesday, with a market cap of approximately $18.5 billion and a P/E ratio of 72.9.
- FMR LLC reduced its Nova Ltd. holdings by 166,326 shares, while Harel Insurance increased its position by 697,210 shares.
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On June 23, 2026, Sarit Sagiv sold 454 shares of Nova Ltd. (NasdaqGS: NVMI) in a planned transaction. The shares were sold at an average price of $536.52 each, totaling $243,580.08. This transaction was part of a pre-arranged trading plan.
Insider Buying and Selling at Nova Ltd.
Sarit Sagiv wasn't the only insider trading Nova Ltd. shares recently. On the same day, Simon Zehava also sold 454 shares at the same price, while on June 22, Sagiv and Zehava each sold 366 shares at $581.2 per share. Eitan Oppenhaim sold 1,290 shares on June 22 at the same price. On June 18, Yaniv Garty bought 334 shares at an undisclosed price.
Other Institutional Activity in Nova Ltd.
FMR LLC trimmed its stake in Nova Ltd. by 166,326 shares, leaving it with 2,759,193 shares valued at approximately $1.2 billion. Meanwhile, Harel Insurance Investments & Financial Services Ltd. boosted its position by 697,210 shares, now holding 2,166,073 shares worth about $940.7 million, marking a 47.5% increase. Migdal Insurance & Financial Holdings Ltd. added 75,000 shares to reach a total of 1,568,657 shares, valued at $681.2 million. Clal Insurance Enterprises Holdings Ltd. made a small addition of 1,718 shares, maintaining a position of 1,205,865 shares worth $522.2 million. Menora Mivtachim Holdings Ltd. did not change its holdings, keeping 1,165,333 shares worth $506.1 million.
Nova Ltd. Stock Up 49.5%
Shares of Nova Ltd. traded near $527.88 on Wednesday. The company has a market capitalization of about $18.5 billion and a P/E ratio of 72.9, indicating high investor expectations relative to its earnings. The stock has a 52-week range between $229.00 and $615.99, with a 50-day moving average of $517.86 and a 200-day moving average of $407.22. Nova Ltd. has a current ratio of 1.58 and a debt-to-equity ratio of 57.67, reflecting its balance sheet strength.
$NVMI stock price
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Analysts Set New Price Targets
On May 15, 2026, Citigroup maintained its 'buy' rating for Nova Ltd., setting a price target of $595. Jefferies also kept its 'buy' rating with a target of $640, while Barclays reaffirmed its 'buy' rating at $600. Earlier, on May 14, Needham maintained a 'buy' rating with a $640 target. Analysts overall have a strong buy consensus on Nova Ltd., with a mean target price of $597.63.
About Nova Ltd.
Nova Ltd., headquartered in Rehovot, Israel, designs and manufactures process control systems for the semiconductor industry. Its products include metrology platforms used in various semiconductor manufacturing steps, serving sectors like logic, foundry, memory, and packaging. Led by CEO Gabriel Waisman, the company employs about 1,612 people and operates globally.
Bottom Line
Sarit Sagiv's recent sale of Nova Ltd. shares is part of a planned transaction, reflecting routine insider activity. Investors keep a close eye on such trades for potential insights into management's outlook. Nova Ltd.'s stock performance remains strong, with analysts maintaining positive ratings, underscoring continued confidence in the company's growth prospects.
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