SCHEDULE: Harel Insurance Boosts Stake in NOVA LTD. to 10.6%

Harel Insurance Investments & Financial Services Ltd. has reported an increased beneficial ownership in NOVA LTD., now holding 10.6% of the ordinary shares.

Summary

• Harel Insurance Investments & Financial Services Ltd. has filed an Amendment No. 12 to Schedule 13G, disclosing its beneficial ownership in NOVA LTD.
• The reporting person, Harel Insurance Investments & Financial Services Ltd., is an Israeli entity.
• Harel Insurance beneficially owns 3,153,440 Ordinary Shares of NOVA LTD., representing 10.6% of the class.
• The percentage is based on 29,652,464 Ordinary Shares issued and outstanding as of June 30, 2025, as reported by NOVA LTD. in a Form 6-K filed on September 2, 2025.
• Of the total shares, 3,040,277 are held for public members through various funds and insurance policies managed by Harel's subsidiaries.
• An additional 41,948 shares are held for third-party client accounts managed by a subsidiary, where the subsidiary has no voting power.
• Harel Insurance beneficially holds 71,215 Ordinary Shares for its own account.
• The reporting person certifies that the securities were not acquired or held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as a large institutional investor maintaining a significant stake (10.6%) in NOVA LTD. suggests continued confidence and stability, which can be reassuring to the market.

Positives

• A significant institutional investor, Harel Insurance, maintains a substantial 10.6% stake in NOVA LTD., indicating continued confidence in the company's long-term prospects.
• The majority of the shares (over 3 million) are held on behalf of public members through various funds, suggesting broad investor interest channeled through Harel's managed products.

Negatives

• No specific negative financial or operational information is disclosed in this beneficial ownership report.

Risks

• This filing does not contain specific risk factors related to NOVA LTD.'s operations or financial health, as it is a disclosure of beneficial ownership.

Future Outlook

This Schedule 13G filing does not provide any forward-looking statements or guidance from NOVA LTD. or Harel Insurance regarding the issuer's future performance.

Management Comments

• Alon Kaufman, Vice President of Harel Insurance Investments & Financial Services Ltd., certified that the information set forth in the statement is true, complete, and correct to the best of his knowledge and belief.

Industry Context

StockSavvy.ai notes that a significant stake held by a large institutional investor like Harel Insurance can signal market confidence in NOVA LTD.'s position within its industry. Such a substantial holding, particularly an amendment indicating continued or increased ownership, often suggests that the institutional investor views the company as a stable or growing asset within its portfolio, potentially influencing other investors' perceptions of the stock.

Comparison to Industry Standards

• This filing primarily concerns beneficial ownership disclosure and does not contain performance metrics for direct comparison to industry standards or specific comparable companies/projects.

Stakeholder Impact

• Shareholders: The continued significant ownership by a major institutional investor like Harel Insurance may provide a sense of stability and validation for existing shareholders, potentially attracting new investors.
• Employees, Customers, Suppliers, Creditors: This filing does not directly impact these stakeholders, as it pertains solely to beneficial ownership disclosure and not operational or financial performance.

Key Dates

Recommendation

The disclosure of a significant and maintained institutional stake by Harel Insurance in NOVA LTD. suggests a stable, long-term investment perspective from a major player. While this indicates confidence, the filing itself does not provide new operational or financial data to warrant a 'buy' or 'sell' recommendation. It primarily confirms existing institutional interest, making 'hold' a prudent recommendation for investors awaiting further fundamental updates.

Keywords

NOVA LTD., Harel Insurance, Schedule 13G, Beneficial Ownership, Institutional Investment, Ordinary Shares, Equity Stake, M7516K103