NOVT
146.56
+2.65 (+1.84%)
USD · NASDAQ
52-week range
98.27
176.38
Trading at 62% of the 52-week range
Market Cap
5.44B
P/E Ratio
91.08
Forward P/E
8.39
Book Value
42.75
Div. Yield
N/A
% Institutions
123.45%
% Insiders
0.707%

1 Year

+24.2%

3 Year

-6.5%

10 Year

+771.9%
Description

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.

Company Information

Company Name
Novanta Inc
Sector
Technology
Industry
Scientific & Technical Instruments
Exchange
NASDAQ
ISIN: CA67000B1040
CIK: 0001076930
CUSIP: 36191C106
Currency: USD
Full Time Employees: 3,000
Phone: 781 266 5700
Website: novanta.com
Fiscal Year End: December
IPO Date: Jan 04, 2016
Description:

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.

Address:

125 Middlesex Turnpike, Bedford, MA, United States, 01730

People

Directors & Officers

Name Title Year Born
Mr. Matthijs Glastra CEO & Chairman of the Board 1969
Mr. Robert J. Buckley Chief Financial Officer 1974
Mr. Alexander Manganiello General Counsel & Corporate Secretary 1967
Mr. Charles G. Ravetto Co-Chief Operating Officer of Automation Enabling Technologies 1971
Mr. John Lesica Co-Chief Operating Officer of Medical Solutions 1976
Mr. John Joseph Burke II Chief Accounting Officer & Corporate Controller 1982
Ms. Sarah Betadam Chief Information Officer & Chief Information Security Officer NA
Ms. Nissia Sabri Senior Vice President of Corporate Development NA
Mr. Liam Weston Chief Human Resources Officer NA
Mr. Heinrich Dreyer Group President of Medical Solutions NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Apr 17, 2026 Matthijs Glastra N/A Sale 6.50K $130.05 $845.33K
Mar 16, 2026 Robert Buckley N/A Sale 9.96K $116.77 $1.16M
Feb 20, 2026 Robert Buckley N/A Sale 1.42K $140.88 $200.47K
Feb 10, 2026 Matthijs Glastra N/A Sale 7.50K $145.04 $1.09M
Jan 21, 2026 Matthijs Glastra N/A Sale 7.50K $140.00 $1.05M
Jan 21, 2026 Robert Buckley N/A Sale 1.42K $140.14 $199.42K
Jan 09, 2026 Matthijs Glastra N/A Sale 6.18K $130.00 $803.01K
Jan 08, 2026 Matthijs Glastra N/A Sale 323.00 $130.14 $42.04K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 4.65M Mar 31, 2026 12.31% $0.01 1.62%
Vanguard Portfolio Management, LLC 2.48M Mar 31, 2026 6.55% $0.02 0.00%
T. Rowe Price Associates, Inc. 1.78M Mar 31, 2026 4.72% $0.02 193.29%
Allspring Global Investments Holdings, LLC 1.78M Mar 31, 2026 4.70% $0.35 26.96%
Vanguard Capital Management, LLC 1.61M Mar 31, 2026 4.27% $0.00 0.00%
State Street Corp 1.34M Mar 31, 2026 3.54% $0.01 1.49%
Conestoga Capital Advisors, LLC 1.22M Jun 30, 2026 3.22% $4.30 -15.99%
Congress Asset Management Company, LLP 973.77K Jun 30, 2026 2.57% $0.97 7.04%
Geode Capital Management, LLC 936.97K Mar 31, 2026 2.48% $0.01 3.55%
BAMCO Inc 915.08K Mar 31, 2026 2.42% $0.33 -2.34%
GW&K Investment Management, LLC 858.65K Mar 31, 2026 2.27% $0.89 16.51%
William Blair Investment Management, LLC 765.87K Jun 30, 2026 2.03% $0.37 -2.20%
Wasatch Advisors LP 759.99K Jun 30, 2026 2.01% $0.81 -23.75%
Geneva Capital Management 758.88K Jun 30, 2026 2.01% $2.82 -18.51%
American Century Companies Inc 717.29K Jun 30, 2026 1.90% $0.05 3.47%
Schroder Investment Management Group 685.75K Jun 30, 2026 1.81% $0.08 37.13%
Dimensional Fund Advisors, Inc. 665.52K Jun 30, 2026 1.76% $0.02 5.34%
Delaware Management Holdings Inc 661.16K Mar 31, 2026 1.75% $0.13 -4.30%
JPMorgan Chase & Co 643.17K Mar 31, 2026 1.70% $0.00 -17.71%
Mawer Investment Management Ltd 589.57K Jun 30, 2026 1.56% $0.65 22.27%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 iShares Core S&P Mid-Cap ETF 1.25M 3.30% ▲ 0.04% Aug 31, 2026
2 Vanguard MStar Total Stk Mkt Idx Invest 1.14M 3.01% ▲ 0.33% Jul 31, 2026
3 iShares Russell 2000 ETF 920.15K 2.43% ▼ 0.57% Aug 31, 2026
4 Vanguard Small Cap Index 818.78K 2.17% ▲ 0.23% Jul 31, 2026
5 Vanguard Information Technology ETF 761.68K 2.01% ▲ 0.41% Jul 31, 2026
6 T. Rowe Price US Mid-Cap Value Equity 759.89K 2.01% ▲ 15.12% Jun 30, 2026
7 T. Rowe Price Mid-Cap Value 740.78K 1.96% ▼ 2.51% Jul 31, 2026
8 Allspring Mid Value SMA 519.20K 1.37% ▲ 910,777.19% Jun 30, 2026
9 Allspring Special US Mid Cap Value Eq 519.20K 1.37% ▲ 0.00% Jun 30, 2026
10 Allspring Special Mid Cap Value Inst 519.20K 1.37% ▲ 0.00% Jul 31, 2026

Financial Highlights

Market Cap: $5.44B
EBITDA: $180.95M
P/E Ratio: $91.08
PEG Ratio: $2.11
Book Value: $42.75
Earnings/Share: $1.58
Profit Margin: 6.00%
Operating Margin: 11.50%
ROA (TTM): 4.09%
ROE (TTM): 5.11%
Revenue (TTM): $1.03B
Revenue/Share (TTM): $26.45
Earnings Growth (YOY): 150.00%
Revenue Growth (YOY): 10.30%

Valuation Metrics

Enterprise Value: $5.08B
Trailing P/E: 91.08
Forward P/E: 8.39

Shares Statistics

Shares Outstanding: 37.82M
Shares Float: 37.54M
% Insiders: 0.707%
% Institutions: 123.45%
Short % Float: 14.87%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$980.60M
Cost of Goods Sold
adjust
$-572.79M
Gross Profit
subtotal
$407.81M
SG&A
adjust
$-195.66M
R&D
adjust
$-95.48M
Operating Income
subtotal
$116.66M
Other / Non-Operating Items
adjust
$-62.84M
Net Income
subtotal
$53.83M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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