Novanta (NOVT)

• Market cap: $4.64B
• 1 day: -2.60%
• 5 days: -4.85%
• 1 month: -10.76%
• 3 months: -15.24%
• 6 months: -27.86%
• Year to date: -14.48%
• 1 year: -26.14%
• 5 years: 60.35%
• 10 years: 762.26%
• Sector: Industrials
• Industry: Miscellaneous Electrical Machinery, Equipment & Supplies

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

69% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 29

6% more funds holding

Funds holding: 284 [Q3] → 300 (+16) [Q4]

0.01% more ownership

Funds ownership: 99.19% [Q3] → 99.2% (+0.01%) [Q4]

15% less capital invested

Capital invested by funds: $6.37B [Q3] → $5.44B (-$930M) [Q4]

18% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 115

67% less call options, than puts

Call options by funds: $1.97M | Put options by funds: $5.9M

100% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 0 (-2) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $160 24% upside
• Avg. target: $160 24% upside
• High target: $160 24% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Baird Robert Mason 38% 1-year accuracy 5 / 13 met price target

24% upside $160

Neutral Maintained

3 Mar 2025