Navitas Semiconductor Corporation $NVTS Shares Bought by Invesco Ltd.

Key Points

• Invesco Ltd. has increased its stake in Navitas Semiconductor Corporation by 22.2%, owning approximately 1,829,803 shares worth about $3.75 million as of the latest SEC filing.
• Insider trading activity includes Brian Long selling nearly 2.96 million shares for over $19.5 million, while another director, Ranbir Singh, bought 18.64 million shares valued at around $163.9 million.
• Navitas Semiconductor reported a revenue decrease of 29.2% year-over-year and has a negative net margin of 182.63%, with analysts forecasting an EPS of -0.51 for the current fiscal year.

Invesco Ltd. increased its holdings in Navitas Semiconductor Corporation (NASDAQ:NVTS - Free Report) by 22.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,829,803 shares of the company's stock after buying an additional 331,832 shares during the quarter. Invesco Ltd. owned about 0.96% of Navitas Semiconductor worth $3,751,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Tower Research Capital LLC TRC grew its stake in shares of Navitas Semiconductor by 125.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,294 shares of the company's stock worth $37,000 after purchasing an additional 5,726 shares during the period. 180 Wealth Advisors LLC grew its stake in shares of Navitas Semiconductor by 7.6% during the 1st quarter. 180 Wealth Advisors LLC now owns 97,602 shares of the company's stock worth $200,000 after purchasing an additional 6,920 shares during the period. Caption Management LLC acquired a new stake in shares of Navitas Semiconductor during the 4th quarter worth approximately $36,000. ProShare Advisors LLC grew its stake in shares of Navitas Semiconductor by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 35,532 shares of the company's stock worth $127,000 after purchasing an additional 11,692 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Navitas Semiconductor by 29.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 52,013 shares of the company's stock worth $186,000 after purchasing an additional 11,770 shares during the period. Institutional investors and hedge funds own 46.14% of the company's stock.

Insider Buying and Selling

In other news, Director Ranbir Singh acquired 18,645,603 shares of Navitas Semiconductor stock in a transaction on Monday, July 28th. The stock was bought at an average price of $8.79 per share, for a total transaction of $163,894,850.37. Following the completion of the purchase, the director owned 18,645,603 shares in the company, valued at $163,894,850.37. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David Moxam sold 78,649 shares of the business's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $7.90, for a total value of $621,327.10. The disclosure for this sale can be found here. Insiders have sold 11,132,602 shares of company stock valued at $80,301,313 in the last 90 days. Company insiders own 29.90% of the company's stock.

Analysts Set New Price Targets

NVTS has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 target price on the stock. in a research report on Tuesday, June 17th. Morgan Stanley set a $4.40 target price on Navitas Semiconductor in a research report on Tuesday, August 5th. Needham & Company LLC reiterated a "buy" rating and set a $8.00 target price on shares of Navitas Semiconductor in a research report on Tuesday. CJS Securities lowered Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research report on Monday, August 18th. Finally, Craig Hallum lowered Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 target price on the stock. in a research report on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Navitas Semiconductor currently has an average rating of "Hold" and a consensus target price of $5.65.

Navitas Semiconductor Trading Down 3.0%

NVTS stock traded down $0.18 during trading on Friday, hitting $5.86. 12,769,195 shares of the company's stock were exchanged, compared to its average volume of 19,062,360. The business has a 50-day moving average price of $6.86 and a two-hundred day moving average price of $4.45. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of -9.02 and a beta of 3.02. Navitas Semiconductor Corporation has a 52-week low of $1.52 and a 52-week high of $9.48.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported ($0.05) earnings per share for the quarter, hitting the consensus estimate of ($0.05). The firm had revenue of $14.49 million during the quarter, compared to analysts' expectations of $14.43 million. Navitas Semiconductor had a negative return on equity of 18.16% and a negative net margin of 182.63%.The firm's revenue was down 29.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.07) earnings per share. Navitas Semiconductor has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.

Navitas Semiconductor Company Profile

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.