Novanta (NOVT)

• Market cap: $4.12B
• 1 day: 0.49%
• 5 days: 4.01%
• 1 month: -16.96%
• 3 months: -23.42%
• 6 months: -35.30%
• Year to date: -24.08%
• 1 year: -25.84%
• 5 years: 42.16%
• 10 years: 665.40%
• Sector: Technology
• Industry: Scientific & Technical Instruments

Fund manager confidence

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

66% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 29

5% more funds holding

Funds holding: 284 [Q3] → 299 (+15) [Q4]

1.67% more ownership

Funds ownership: 97.38% [Q3] → 99.05% (+1.67%) [Q4]

13% less capital invested

Capital invested by funds: $6.25B [Q3] → $5.43B (-$820M) [Q4]

17% less repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 114

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 40% upside
• Avg. target: $160 40% upside
• High target: $160 40% upside

1 analyst rating

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

Baird Robert Mason 23% 1-year accuracy 3 / 13 met price target

40% upside $160

Neutral Maintained

3 Mar 2025