Wasatch Advisors LP reduced its position in Nova Ltd. by 603,907 shares in the fourth quarter, totaling an estimated $194.15 million trade based on quarterly average pricing. The sale lowered Nova to 2.61% of the fund’s $16.83 billion 13F reportable AUM but remains a top holding.

As of February 12, 2026, Nova Ltd. shares were priced at $443.55, marking an 80% increase over the past year, outperforming the S&P 500 by 68 percentage points. Nova designs and manufactures process control systems and metrology platforms for semiconductor fabrication, serving global integrated circuit manufacturers.

Nova Ltd. just posted record 2025 revenue of $880.6 million, with a 31% year-over-year increase. Despite trimming shares after an 80% rally, the company maintains a top holding position. The fundamentals remain strong with expanding metrology adoption and improving margins in a growing semiconductor market.

The Motley Fool Stock Advisor team didn’t include Nova in its top 10 stocks to buy now, but the company’s record profitability and growth potential suggest sustained leadership in process control amid increasing chip demand. Nova’s sale into strength reflects risk management rather than a weakened thesis.

Read more at Yahoo Finance: Nova Stock Up 80% in a Year, so What Should Investors Know About This $194 Million Sale?