NOVT — Novanta Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates NOVT Bullish with a Setup Score of 59, net conviction 39, actionability 89. How the Setup Score works →

Total Setup Score59
Directional BiasBullish
Net Conviction39
Actionability89 (in range)

Key signals behind this score

About Novanta Inc

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 sou… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$139.65
Market Cap$5.50B
Float37.5M
Shares Outstanding37.8M
P/E (Forward)8.39
P/E (TTM)92.69
Price/Sales (TTM)5.34
vs. Analyst Target+39.3% to analyst PT
Profit Margin6.00%
Operating Margin (TTM)11.50%
Revenue (TTM)$1.03B
Earnings Growth (YoY)150.00%
Dividend RateNone
Analyst Target Price$194.50 (4 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $591M $44.5M $245M $98.0M
2021 $707M $50.3M $300M $125M
2022 $861M $74.1M $378M $161M
2023 $882M $72.9M $400M $170M
2024 $949M $64.1M $422M $180M
2025 $981M $53.8M $408M $153M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $248M $10.7M
Dec 2025 $258M $17.5M
Mar 2026 $258M $21.1M
Jun 2026 $266M $12.5M

Ownership & Float

Insider Ownership0.7%
Institutional Ownership123.5%
Short Float13.7%
% of All Funds Holding4.37%
Number of Funds Holding384

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$152.66Near-term / short-term trend
Weekly40-Week SMA$138.13Medium-term trend
Weekly80-Week SMA$129.45Cyclical trend (business cycle)
Weekly200-Week SMA$147.98Secular trend (multi-year)
Monthly10-Month SMA$135.30Near-term monthly trend
Monthly20-Month SMA$130.67Medium-term monthly trend
Monthly40-Month SMA$147.82Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$130.00 support 1.06x 2 months ago
$100.00 support 1.43x 9 months ago
$166.00 resistance 1.17x 19 months ago

Historical Earnings Reactions (110 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.16% 0.00% 48.18% 11.68% -35.71%
1 Day 0.36% 0.58% 57.27% 28.83% -38.78%
1 Week 1.49% 1.87% 59.09% 49.64% -44.90%
2 Weeks 1.53% 1.03% 56.36% 83.75% -42.86%
1 Month 4.67% 2.70% 61.47% 150.00% -36.73%

Next earnings: October 24, 2026 (58 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan6.9%55.6%27
Feb5.9%51.9%27
Mar1.0%48.1%27
Apr3.2%57.1%28
May5.1%60.7%28
Jun2.9%53.6%28
Jul-3.8%39.3%28
Aug0.2%51.9%27
Sep-4.3%40.7%27
Oct1.7%59.3%27
Nov3.0%63.0%27
Dec2.2%55.6%27

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.11% 47.1% 1295
Tuesday 0.05% 48.1% 1415
Wednesday -0.01% 48.2% 1415
Thursday 0.05% 50.0% 1389
Friday 0.24% 49.6% 1382

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 123.5%

Insider Transactions — Smart Summary

Total insider ownership: 0.7%

12-Month Insider Activity Summary

Total Filings16
Net Value-$11.3M
Net Shares Change-68,230
% of Float-0.2%
C-Suite Filings14
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Glastra Matthijs Chief Executive Officer -$9.7M 10 N/A

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-07-07 Glastra Matthijs Chief Executive Officer -$1.0M Transaction at $161.13, now -13.3%
2026-06-04 Glastra Matthijs Chief Executive Officer -$1.1M Transaction at $168.66, now -17.2%
2026-05-14 Glastra Matthijs Chief Executive Officer -$1.1M Transaction at $150.43, now -7.2%
2026-05-07 Glastra Matthijs Chief Executive Officer -$852,347.6 Transaction at $131.13, now +6.5%
2026-04-21 Glastra Matthijs Chief Executive Officer -$845,325 Transaction at $130.05, now +7.4%
2026-03-04 Glastra Matthijs Chief Executive Officer -$899,239.25 Transaction at $138.34, now +0.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Novanta Inc (NOVT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NOVT on Trend Edge →