Fintel reports that on September 16, 2024, Citigroup downgraded their outlook for Nova (TASE:NVMI) from Buy to Neutral.
What is the Fund Sentiment?
There are 425 funds or institutions reporting positions in Nova. This is an increase of 52 owner(s) or 13.94% in the last quarter. Average portfolio weight of all funds dedicated to NVMI is 0.43%, an increase of 2.02%. Total shares owned by institutions increased in the last three months by 6.11% to 25,774K shares.
What are Other Shareholders Doing?
Wasatch Advisors holds 2,031K shares representing 6.98% ownership of the company. In its prior filing, the firm reported owning 2,624K shares , representing a decrease of 29.20%. The firm increased its portfolio allocation in NVMI by 4.67% over the last quarter.
Menora Mivtachim Holdings holds 1,291K shares representing 4.44% ownership of the company. In its prior filing, the firm reported owning 1,279K shares , representing an increase of 0.92%. The firm increased its portfolio allocation in NVMI by 20.82% over the last quarter.
FSELX - Semiconductors Portfolio holds 1,260K shares representing 4.33% ownership of the company. In its prior filing, the firm reported owning 1,208K shares , representing an increase of 4.15%. The firm increased its portfolio allocation in NVMI by 8.57% over the last quarter.
Migdal Insurance & Financial Holdings holds 1,196K shares representing 4.11% ownership of the company. In its prior filing, the firm reported owning 1,115K shares , representing an increase of 6.73%. The firm increased its portfolio allocation in NVMI by 47.92% over the last quarter.
Harel Insurance Investments & Financial Services holds 1,158K shares representing 3.98% ownership of the company. No change in the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.