NOVTU Novanta Inc. Tangible Equity Units

XNAS
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

NOVTU — —
Key stats
About
Industry (SIC)
MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES (3690) · industry map
Exchange
XNAS
Employees
3,000
List Date
2025-11-12
CIK
0001076930
Headquarters
Bedford, MA
Homepage
https://www.novanta.com

Novanta Inc supplies core technology solutions to medical, life science, and advanced industrial OEMs, leveraging proprietary expertise in precision medicine, precision manufacturing, robotics and automation, and advanced surgery. It has two segments: Automation Enabling Technologies and Medical Solutions. Automation Enabling Technologies, which generates the majority of revenue, provides laser beam steering and scanning solutions, laser sources, and robotic and precision motion technologies. The Medical Solutions segment provides medical-grade technologies, including medical insufflators, end…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'25'26Avg
Jan--15.26%15.26%
Feb---3.05%-3.05%
Mar---12.54%-12.54%
Apr--7.25%7.25%
May--19.07%19.07%
Jun---2.60%-2.60%
Jul---11.37%-11.37%
Aug---0.95%-0.95%
Sep---0.30%-0.30%
Oct--0.21%*0.21%
Nov1.06%--1.06%
Dec5.65%--5.65%
Total6.77%6.62%6.69%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $60.21
SMA 50: $60.95
SMA 200: $61.07
Current: $61.21
EMA 12: $59.59
EMA 26: $60.08
MACD: -0.4857 | Signal: 0.1269
BEARISH
ADX (14): 14.72
RANGE
+DI: 35.84
−DI: 31.08

Momentum Oscillators

RSI (14): 53.23
NEUTRAL
Stoch %K: 53.55
Stoch %D: 43.70
Williams %R: -19.46

Volume & Volatility

BB Upper: $64.28
BB Lower: $56.13
NEUTRAL
OBV: 1,101,215
Vol SMA 20: 45,646
Vol ROC: -93.05%
ATR: $2.03
True Range: $1.98
HV 20: 43.2%
HV 30: 40.1%
HV 60: 41.7%

Data Summary

Data Points: 227
Last Updated:
Date Range: 2025-11-12T00:00:00 – 2026-10-26T00:00:00
AI Analysis

LLM Stock Analysis Report: NOVTU

Executive Summary

Overall Assessment: BEARISH with confidence level 6/10

Key Drivers:

  • Bearish MACD signal
  • Neutral RSI reading (47.79)
  • Trend strength indicators suggest a regime shift from uptrend to downtrend

Primary Risks:

  • High volatility, as evidenced by beta >1.5 and historical volatility metrics
  • Recent news sentiment is mixed, but overall neutral

Investment Thesis: NOVTU's technical signals are bearish, with a strong MACD signal indicating potential further downside. The stock's high volatility and recent mixed news sentiment create uncertainty, making it challenging to pinpoint a clear direction.

Recent News Sentiment Impact: The recent news headlines suggest a neutral sentiment, which aligns with the current market conditions. The absence of significant positive or negative news contributes to the overall bearish assessment.

Technical Analysis

Trend Direction: Short-term: BEARISH (1-4 weeks), Medium-term: NEUTRAL (1-3 months), Long-term: NEUTRAL (3-12 months)

Support/Resistance Levels: Key price levels:

  • Lower Bollinger Band ($56.90) and recent lows (~$59.00)
  • Upper Bollinger Band ($71.92) and recent highs (~$65.50)

Momentum Signals:

  • RSI interpretation: Neutral (47.79), not overbought or oversold
  • MACD signal: Bearish (-0.92 / Signal: -0.21 / Histogram: -0.72)
  • Bollinger Bands position: Neutral, with the price near the middle band

Volume Analysis: Volume trends and institutional interest signals:

  • Volume SMA 20: 13606.11
  • On-Balance Volume (OBV): 659178.13
  • Volume Rate of Change: -98.58% (indicating a potential reversal)

News & Sentiment Analysis

Recent Headlines Summary: Neutral sentiment dominates, with no significant positive or negative news driving the stock.

Sentiment Assessment: Aggregate news sentiment: NEUTRAL

Catalyst Identification: No recent earnings announcements or regulatory changes impacting the stock's price.

Market Narrative: The current market conditions are neutral, which aligns with NOVTU's mixed technical signals and recent news headlines.

Risk & Volatility Assessment

Beta Interpretation: High risk relative to the market (beta >1.5)

Volatility Regime: Current vs historical volatility levels:

  • Historical Volatility: HV20 37.8% / HV30 42.0% / HV60 43.0%
  • IV Premium vs HV30: N/A (positive = implied richer than realized)

Options Market Signals: No options data available

Downside Protection: Support levels and risk management considerations:

  • Lower Bollinger Band ($56.90) and recent lows (~$59.00)
  • Stop-loss levels should be set around $60.50, with a position sizing consideration of 0.5-1.0% of the portfolio.

Market Context & Positioning

Sector Performance: Relative strength vs sector/market:

  • NOVTU is slightly underperforming its sector and market in the short-term.

Institutional Activity: Volume patterns suggesting institutional interest:

  • Institutional buying/selling not visible due to limited data availability.

Correlation Analysis: How stock moves relative to market (R-squared interpretation):

  • R-squared: N/A (limited data availability)

Relative Valuation: Position within trading range:

  • NOVTU's price is near the lower end of its recent trading range, with potential for further downside.

Key Levels & Action Items

Critical Price Levels: Support/resistance to monitor:

  • Lower Bollinger Band ($56.90) and recent lows (~$59.00)
  • Upper Bollinger Band ($71.92) and recent highs (~$65.50)

Breakout/Breakdown Levels: Technical levels that could trigger significant moves:

  • Breakdown below $56.90 (lower Bollinger Band) or $59.00 (recent lows)
  • Breakout above $71.92 (upper Bollinger Band) or $65.50 (recent highs)

Time-Sensitive Catalysts: Earnings dates, FDA approvals, product launches:

  • No earnings announcements scheduled in the near future.

Risk Management: Stop-loss levels and position sizing considerations:

  • Set stop-loss around $60.50 with a position sizing consideration of 0.5-1.0% of the portfolio.

Please note that this analysis is based on the provided data and should not be taken as personalized investment advice.

Generated

NOVTU Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 1.5640
Alpha: 6.87%
Correlation: 0.5032
R-Squared: 25.3%
Stock Volatility: 40.1%
Market Volatility: 12.9%

Analysis Details

Benchmark: SPY
Data Points: 226
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own NOVTU
3 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$26.7M
0.02%
#952 of 3716-0.3%13F
Soros Fund Management Family office
George Soros, Robert Soros, Jonathan Soros
$17.1M
0.22%
#108 of 251new13F
Citadel Hedge fund
Ken Griffin
$11.6M
0.01%
#1476 of 6285-74.6%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

NOVTU Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

45 filers32,514,728 shares$851.70M value
# Filer Shares Value % of Total % of Float Period
1 Aequim Alternative Investments LP 1,400,000 $95.58M 11.22% — 2026-06-30
2 Walleye Capital LLC 1,240,000 $84.45M 9.92% — 2026-06-30
3 T. Rowe Price Investment Management, Inc. 1,195,216 $80.56M 9.46% — 2026-06-30
4 BlackRock, Inc. Custodian 778,573 $52.48M 6.16% — 2026-06-30
5 Two Sigma Investments, LP Custodian 728,371 $49.09M 5.76% — 2026-06-30
6 Magnetar Financial LLC 700,563 $47.84M 5.62% — 2026-06-30
7 TPG GP A, LLC 611,667 $41.70M 4.90% — 2026-06-30
8 ANGELO GORDON & CO., L.P. 661,667 $35.99M 4.23% — 2025-12-31
9 D. E. Shaw & Co., Inc. Custodian 490,000 $33.44M 3.93% — 2026-06-30
10 WOLVERINE ASSET MANAGEMENT LLC 428,610 $29.27M 3.44% — 2026-06-30
11 Sculptor Capital LP 428,789 $29.25M 3.43% — 2026-06-30
12 Millennium Management LLC Custodian 391,120 $26.70M 3.13% — 2026-06-30
13 Wells Fargo & Company Custodian 363,110 $24.47M 2.87% — 2026-06-30
14 Van Eck Associates Corp 316,462 $21.33M 2.50% — 2026-06-30
15 Parallax Volatility Advisers, L.P. 298,876 $20.14M 2.37% — 2026-06-30
16 SOROS FUND MANAGEMENT LLC 250,000 $17.07M 2.00% — 2026-06-30
17 Morgan Stanley Custodian 224,500 $15.13M 1.78% — 2026-06-30
18 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 221,602 $14.94M 1.75% — 2026-06-30
19 Capula Management Ltd 20,000,000 $13.64M 1.60% — 2026-06-30
20 BlueCrest Capital Management Ltd 200,249 $13.50M 1.58% — 2026-06-30
21 TUDOR INVESTMENT CORP ET AL 200,000 $13.48M 1.58% — 2026-06-30
22 State Street Corp 174,000 $11.86M 1.39% — 2026-06-30
23 Citadel Advisors LLC Custodian 170,090 $11.61M 1.36% — 2026-06-30
24 Ameriprise Financial, Inc. Custodian 150,000 $10.11M 1.19% — 2026-06-30
25 FMR LLC Custodian 131,300 $8.93M 1.05% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

NOVTU Insider Trading (Form 4)

Latest: 2026-06-04
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-06-04 Matthijs Glastra Chief Executive Officer Sell (S) −6,500 $168.66 -$1.10M EDGAR
2026-05-14 Matthijs Glastra Chief Executive Officer Sell (S) −7,500 $150.43 -$1.13M EDGAR
2026-05-07 Matthijs Glastra Chief Executive Officer Sell (S) −6,500 $131.13 -$852.3K EDGAR
2026-04-21 Matthijs Glastra Chief Executive Officer Sell (S) −6,500 $130.05 -$845.3K EDGAR
2026-03-18 Robert Buckley Chief Financial Officer Mixed — $65.45 -$1.02M EDGAR
2026-03-04 Matthijs Glastra Chief Executive Officer Sell (S) −6,500 $138.34 -$899.2K EDGAR
2026-02-26 Matthijs Glastra Chief Executive Officer Mixed +5,605 $137.44 -$721.1K EDGAR
2026-02-26 Robert Buckley Chief Financial Officer Mixed +2,802 $137.44 -$360.6K EDGAR
2026-02-26 John Joseph Burke II Chief Accounting Officer Mixed +338 $137.44 -$19.4K EDGAR
2026-02-26 Charles Guy Ravetto JR Co-Chief Operating Officer Mixed +582 $137.44 -$33.4K EDGAR
2026-02-25 Charles Guy Ravetto JR Co-Chief Operating Officer Mixed +748 $142.38 -$44.3K EDGAR
2026-02-25 John Joseph Burke II Chief Accounting Officer Mixed +343 $142.38 -$25.1K EDGAR
2026-02-24 Alexander Manganiello General Counsel Grant (A) +4,111 RSU — EDGAR
2026-02-24 John Lesica Co-Chief Operating Officer Mixed +1,153 $145.96 -$70.1K EDGAR
2026-02-24 Charles Guy Ravetto JR Co-Chief Operating Officer Mixed +1,153 $145.96 -$70.1K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

NOVTU Insider Holdings

12 insiders · @ $61.21
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Robert Buckley Chief Financial Officer 142,792 $8.74M -$1.56M 5 2026-03-18
2 Matthijs Glastra Chief Executive Officer 91,043 $5.57M -$8.68M 14 2026-06-04
3 Charles Guy Ravetto JR Co-Chief Operating Officer 16,359 $1.00M $0 4 2026-02-26
4 John Joseph Burke II Chief Accounting Officer 8,900 $544.8K $0 3 2026-02-26
5 Lonny J. Carpenter Director 5,848 $358.0K $0 1 2026-01-06
6 Maxine Lum Mauricio Director 4,548 $278.4K $0 1 2026-01-06
7 Frank Anders Wilson Director 3,947 $241.6K $0 1 2026-01-06
8 Darlene J. S. Solomon Director 3,541 $216.7K $0 1 2026-01-06
9 John Lesica Co-Chief Operating Officer 2,576 $157.7K $0 2 2026-02-24
10 Robert Matthew Johnson Director 2,143 $131.2K $0 1 2026-01-06
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
1 ETF hold NOVTU
1 shown · $158.73K total exposure
# ETF Provider Weight $ Exposure ETF AUM As Of
1 CVRT Calamos Convertible Equity Alternative ETF Nport 0.26% $158,731 — 2026-07-31
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.