NOVT
Novanta (NOVT)
NASDAQ
$152.64-$3.02 (-1.94%)
Price as of Jun 23, 2026 12:53 PM EDT
  • $5.5B
    Market Cap
  • 26.83%
    1-Year Change
  • Scientific & Technical Instruments
    Industry

Key Performance

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  • Earnings Score: 26
  • Momentum Score: 75
  • True Yield: N/A
  • Financial Health Score: 100
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Latest Research & News

Is Novanta Stock a Buy or Sell After Its CEO Dumped 6,500 Shares?

Novanta CEO Matthijs Glastra sold 6,500 shares worth ~$878,458 on Feb. 2, 2026, as part of a pre-established Rule 10b5-1 trading plan adopted in September 2025. The sale is not a warning sign, as the stock has surged 23% year-to-date in 2026 driven by strong business performance and 17% bookings growth. However, with a P/E ratio near 100, the analyst recommends selling rather than buying at current valuations.

02/22/2026, 2:25 AM • The Motley Fool

American Capital Management Doubles Down on Novanta Stock, According to Latest SEC Filing

American Capital Management increased its Novanta position by 163,005 shares in Q4 2025 for approximately $18.56 million, bringing its total stake to 381,866 shares valued at $45.44 million. While the fund shows confidence in the company, Novanta faces headwinds including meager 1.4% revenue growth and a lofty 99x P/E ratio, though signs of market recovery in medical and industrial OEM sectors offer some optimism.

02/19/2026, 8:08 PM • The Motley Fool

Novanta Stock Is Roughly Flat This Past Year, So Why Did One Investor Just Bet $45 Million on Shares?

ACK Asset Management acquired 375,000 shares of Novanta worth $44.62 million in February 2026, making it a 5.6% position in the fund. Despite the stock being flat over the past year and underperforming the S&P 500, the investment suggests confidence in potential recovery as medical and advanced industrial demand rebounds. Novanta generated nearly $1 billion in trailing revenue with improving margins.

02/14/2026, 2:01 PM • The Motley Fool

Growth Fund Sells $20 Million in Novanta Stock as Headwinds Weigh on Returns

Conestoga Capital Advisors sold $20.1 million worth of Novanta stock in Q3, reducing its stake by 168,907 shares due to weak stock performance and sector headwinds, while maintaining a significant position in the company.

10/26/2025, 1:31 PM • The Motley Fool

Peers

Statistics

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Day Range
$154.52
$157.98
$155.66
1-Year Range
$99.22
$168.59
$155.66
Latest Close$155.66
Change
+$0.36 (+0.23%)
Volume536,981
Market Cap$5.5B
Shares Outstanding35.6M
P/E (TTM)109.91
Diluted EPS (TTM)$1.42
Enterprise Value$5.4B

Information as of 06/22/2026

Company Profile

$5.5B
Market Cap
$53.7M
Net Income
Sector: Technology
Industry: Scientific & Technical Instruments
125 Middlesex Turnpike, Bedford, MA, United States, 01730
781 266 5700

Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam steering and scanning solutions, laser sources, robotic and precision motion, robotic end-of-arm tooling, and bearing spindles. This segment serves advanced industrial processes, advanced industrial and medical robotics, other medical and life science automation applications, and medical laser procedures, such as ophthalmology applications. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; imaging, identification and RFID solutions; advanced motion control solutions; and light engines, and integrated operating room technologies. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is based in Bedford, Massachusetts.

Key Executives

  • Matthijs Glastra
  • John Lesica
  • Robert J. Buckley
  • Charles G. Ravetto
  • Chuck Ravetto

Current Ownership Distribution

  • Institutions644.8M (76.82%)
  • Mutual Funds191.3M (22.78%)
  • Insiders3.3M (0.39%)
  • Other0 (0.00%)