Wasatch Advisors Reduces $283M in Nova Ltd. ($NVMI)
Key Points
- Wasatch Advisors changed its Nova Ltd. ($NVMI) stake by 36.3% last quarter, cutting to 852,641 shares worth $497.13 million.
- Wall Street's consensus rating on $NVMI is Strong Buy and an average price target of $597.62.
- $NVMI last traded around $583.05.
Wasatch Advisors reduced its position in Nova Ltd. ($NVMI) by 36.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 852,641 shares of Nova Ltd. after selling 485,482 shares during the quarter. Wasatch Advisors's holdings in Nova Ltd. were worth $497.13 million as of its most recent filing.
Nova Ltd. ($NVMI) Stock
Nova Ltd. Earnings
Analysts Set New Price Targets
About Nova Ltd.
Nova Ltd. engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally. The company's 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, such as lithography, Etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. It serves various sectors of the integrated circuit manufacturing industry, including logic, foundry, memory, and packaging sectors, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.