Nova Measuring Instruments LTD Stock in Q3 2018 Driven by Institutional Investors

Sentiment for Nova Measuring Instruments LTD (NASDAQ:NVMI)

Nova Measuring Instruments LTD (NASDAQ:NVMI) institutional sentiment decreased to 0.67 in Q3 2018. Its down -0.11, from 0.78 in 2018Q2. The ratio dived, as 18 active investment managers increased or started new stock positions, while 27 sold and trimmed holdings in Nova Measuring Instruments LTD. The active investment managers in our partner’s database now have: 8.78 million shares, down from 9.16 million shares in 2018Q2. Also, the number of active investment managers holding Nova Measuring Instruments LTD in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 15 Increased: 7 New Position: 11.

Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel. The company has market cap of $639.29 million. The firm offers in-line and x-ray stand-alone metrology systems, as well as integrated optical metrology systems that attach directly to wafer fabrication process equipment. It has a 13.86 P/E ratio. The Company’s products include thin film and optical CD process control for dimensional, films, and material metrology measurements for process control across various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical polishing, and deposition.

The stock decreased 1.04% or $0.24 during the last trading session, reaching $22.89. About 13,749 shares traded. Nova Measuring Instruments Ltd. (NASDAQ:NVMI) has declined 11.54% since January 14, 2018 and is downtrending. It has underperformed by 11.54% the S&P500.

Analysts await Nova Measuring Instruments Ltd. (NASDAQ:NVMI) to report earnings on February, 12. They expect $0.38 EPS, down 9.52 % or $0.04 from last year’s $0.42 per share. NVMI’s profit will be $10.61 million for 15.06 P/E if the $0.38 EPS becomes a reality. After $0.48 actual EPS reported by Nova Measuring Instruments Ltd. for the previous quarter, Wall Street now forecasts -20.83 % negative EPS growth.

Needham Investment Management Llc holds 2.35% of its portfolio in Nova Measuring Instruments Ltd. for 296,500 shares. Menora Mivtachim Holdings Ltd. owns 1.82 million shares or 1.3% of their US portfolio. Moreover, Clal Insurance Enterprises Holdings Ltd has 0.56% invested in the company for 799,348 shares. The Illinois-based Ativo Capital Management Llc has invested 0.26% in the stock. Acadian Asset Management Llc, a Massachusetts-based fund reported 1.02 million shares.

More notable recent Nova Measuring Instruments Ltd. (NASDAQ:NVMI) news were published by: Prnewswire.com which released: “Nova to Present at the 21st Annual Needham Growth Conference – PRNewswire” on January 02, 2019, also Prnewswire.com with their article: “Nova Measuring Instruments Announces Availability of Annual Report on Form 20-F Through Company Website – PR Newswire” published on February 28, 2018, Seekingalpha.com published: “Semi stocks slip after Morgan Stanley downgrade – Seeking Alpha” on August 09, 2018. More interesting news about Nova Measuring Instruments Ltd. (NASDAQ:NVMI) were released by: Seekingalpha.com and their article: “Nova Measuring Instruments Ltd. 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” published on August 01, 2018 as well as Seekingalpha.com‘s news article titled: “Nova Measuring Instruments Ltd. 2017 Q4 – Results – Earnings Call Slides – Seeking Alpha” with publication date: February 13, 2018.

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) Ratings Chart

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