Insight Capital Research & Management Inc. Has $1.43 Million Stake in Nova Measuring Instruments Ltd. (NVMI)

Insight Capital Research & Management Inc. grew its stake in Nova Measuring Instruments Ltd. (NASDAQ:NVMI) by 391.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,706 shares of the semiconductor company’s stock after purchasing an additional 40,386 shares during the period. Insight Capital Research & Management Inc. owned approximately 0.18% of Nova Measuring Instruments worth $1,425,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. State Street Corp lifted its stake in shares of Nova Measuring Instruments by 1.6% during the 2nd quarter. State Street Corp now owns 13,816 shares of the semiconductor company’s stock worth $305,000 after acquiring an additional 216 shares during the last quarter. Edmond DE Rothschild Holding S.A. lifted its stake in shares of Nova Measuring Instruments by 8.4% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 27,591 shares of the semiconductor company’s stock worth $633,000 after acquiring an additional 2,141 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Nova Measuring Instruments by 31.9% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 24,116 shares of the semiconductor company’s stock worth $533,000 after acquiring an additional 5,838 shares during the last quarter. Navellier & Associates Inc lifted its stake in shares of Nova Measuring Instruments by 26.1% during the 2nd quarter. Navellier & Associates Inc now owns 29,166 shares of the semiconductor company’s stock worth $644,000 after acquiring an additional 6,036 shares during the last quarter. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of Nova Measuring Instruments during the 2nd quarter worth approximately $148,000. 37.29% of the stock is owned by institutional investors and hedge funds.

Shares of Nova Measuring Instruments Ltd. (NASDAQ NVMI) opened at $26.57 on Tuesday. The firm has a market capitalization of $747.57, a price-to-earnings ratio of 14.68 and a beta of 0.84. Nova Measuring Instruments Ltd. has a 1 year low of $12.47 and a 1 year high of $31.88.

A number of equities research analysts recently issued reports on the company. ValuEngine lowered Nova Measuring Instruments from a “buy” rating to a “hold” rating in a research note on Monday, December 4th. BidaskClub lowered Nova Measuring Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 2nd. Stifel Nicolaus raised their price target on Nova Measuring Instruments from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Monday, October 16th. Zacks Investment Research lowered Nova Measuring Instruments from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, Needham & Company LLC reissued a “buy” rating and set a $32.00 price target on shares of Nova Measuring Instruments in a research note on Thursday, October 19th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $30.25.

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Nova Measuring Instruments Company Profile

Nova Measuring Instruments Ltd. provides metrology solutions for the semiconductor manufacturing industry. The Company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment. Its metrology systems measure various film thickness and composition properties, as well as critical-dimension (CD) variables during various front-end and back-end of line steps in the semiconductor wafer fabrication process.

Institutional Ownership by Quarter for Nova Measuring Instruments (NASDAQ:NVMI)

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