Novanta Inc. (NOVT) reported third-quarter 2026 GAAP revenue of $305.0 million, up 23.1% from $247.8 million a year earlier. GAAP net income was $2.0 million, compared with $10.7 million in the prior-year quarter, while GAAP diluted EPS was $0.05, down from $0.30.
The company said customer bookings increased 29% and backlog reached $543 million. Novanta expects fourth-quarter GAAP revenue of $306 million to $312 million and full-year GAAP revenue of $1.135 billion to $1.140 billion.
- Third-quarter GAAP operating income was $13.9 million, versus $21.8 million a year earlier.
- Automation Enabling Technologies revenue was $145 million, while Medical Solutions revenue was $160 million.
- Operating cash flow totaled $39.3 million, compared with $8.5 million in the prior-year quarter.
- Fourth-quarter guidance calls for reported revenue growth of more than 18%.
$NOVT Insider Trading Activity
$NOVT insiders have traded $NOVT stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $NOVT stock by insiders over the last 6 months:
- MATTHIJS GLASTRA (Chief Executive Officer) has made 0 purchases and 13 sales selling 20,500 shares for an estimated $3,271,857.
- THOMAS N SECOR sold 663 shares for an estimated $97,858
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NOVT Hedge Fund Activity
We have seen 225 institutional investors add shares of $NOVT stock to their portfolio, and 143 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ABERDEEN GROUP PLC added 3,883,199 shares (+inf%) to their portfolio in Q3 2026, for an estimated $552,152,065
- JPMORGAN CHASE & CO added 688,712 shares (+inf%) to their portfolio in Q2 2026, for an estimated $111,736,634
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 512,658 shares (+674550.0%) to their portfolio in Q2 2026, for an estimated $83,173,633
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 448,808 shares (+inf%) to their portfolio in Q2 2026, for an estimated $72,814,609
- PRICE T ROWE ASSOCIATES INC /MD/ added 438,021 shares (+24.5%) to their portfolio in Q2 2026, for an estimated $71,064,527
- CONESTOGA CAPITAL ADVISORS, LLC removed 385,751 shares (-31.7%) from their portfolio in Q3 2026, for an estimated $54,849,934
- ACK ASSET MANAGEMENT LLC removed 375,000 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $60,840,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$NOVT Congressional Stock Trading
Members of Congress have traded $NOVT stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $NOVT stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 05/18.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
