Novanta (NOVT)

• Market cap: $4.4B
• 1 day: -3.08%
• 5 days: -4.95%
• 1 month: -8.05%
• 3 months: -9.12%
• 6 months: -26.47%
• Year to date: -19.04%
• 1 year: -25.69%
• 5 years: 18.59%
• 10 years: 716.30%
• Sector: Technology
• Industry: Scientific & Technical Instruments

About: Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in two segments: Automation Enabling Technologies and Medical Solutions. It generates the majority of its revenue from the Medical Solutions segment that designs, manufactures, and markets a range of medical-grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; and wireless technologies. The firm generates the majority of its revenue from the United States and Europe.

Employees: 3,000

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

67% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 36

10% more repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 106

6% more funds holding

Funds holding: 301 [Q4 2024] → 320 (+19) [Q1 2025]

0% more call options, than puts

Call options by funds: $524K | Put options by funds: $524K

0.85% less ownership

Funds ownership: 99.06% [Q4 2024] → 98.21% (-0.85%) [Q1 2025]

17% less capital invested

Capital invested by funds: $5.43B [Q4 2024] → $4.52B (-$919M) [Q1 2025]