Novanta Ownership

NOVT Stock  USD 164.72  0.22  0.13%   
The majority of Novanta outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Novanta to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Novanta. Please pay attention to any change in the institutional holdings of Novanta as this could imply that something significant has changed or is about to change at the company.
 
Shares in Circulation  
First Issued
1999-03-31
Previous Quarter
36.1 M
Current Value
36.1 M
Avarage Shares Outstanding
25.3 M
Quarterly Volatility
10.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Novanta in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Novanta, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Dividend Paid And Capex Coverage Ratio is likely to drop to 3.07 in 2024. Net Income Applicable To Common Shares is likely to gain to about 89.4 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 26.5 M in 2024.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novanta. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.

Novanta Stock Ownership Analysis

About 99.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.11. Novanta had not issued any dividends in recent years. The entity had 1:3 split on the 29th of December 2010. Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts. Novanta operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 2700 people. To find out more about Novanta contact Matthijs Glastra at 781 266 5700 or learn more at https://www.novanta.com.
Besides selling stocks to institutional investors, Novanta also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Novanta's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Novanta's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Novanta Quarterly Liabilities And Stockholders Equity

1.42 Billion

Novanta Insider Trades History

Less than 1% of Novanta are currently held by insiders. Unlike Novanta's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Novanta's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Novanta's insider trades
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Novanta Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Novanta is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Novanta backward and forwards among themselves. Novanta's institutional investor refers to the entity that pools money to purchase Novanta's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geneva Capital Management2024-09-30
780 K
Capital Research & Mgmt Co - Division 32024-09-30
755.4 K
Jpmorgan Chase & Co2024-06-30
719 K
Allspring Global Investments Holdings, Llc2024-06-30
664.9 K
Dimensional Fund Advisors, Inc.2024-09-30
643.9 K
Amvescap Plc.2024-06-30
581.3 K
Kayne Anderson Rudnick Investment Management Llc2024-06-30
547.3 K
Artisan Partners Limited Partnership2024-06-30
535.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
507.3 K
Blackrock Inc2024-06-30
4.4 M
Vanguard Group Inc2024-09-30
4.1 M
Note, although Novanta's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Novanta Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Novanta insiders, such as employees or executives, is commonly permitted as long as it does not rely on Novanta's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Novanta insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Novanta Outstanding Bonds

Novanta issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Novanta uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Novanta bonds can be classified according to their maturity, which is the date when Novanta has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Novanta Corporate Filings

13A
14th of November 2024
An amended filing to the original Schedule 13G
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F4
13th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
5th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

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Additional Tools for Novanta Stock Analysis

When running Novanta's price analysis, check to measure Novanta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.