Navitas Semiconductor Corporation (NASDAQ:NVTS) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Navitas Semiconductor Corporation (NASDAQ: NVTS) has received a consensus recommendation of "Hold" from analysts, with target prices ranging from $3.50 to $8.00.
• In its latest quarter, Navitas reported earnings per share of ($0.05) and generated $14.49 million in revenue, a 29.2% decrease from the previous year.
• Director Ranbir Singh significantly increased his stake in the company by purchasing over 18 million shares, while insider selling also occurred, indicating varied confidence among company officials.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) has received an average rating of "Hold" from the seven ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $5.65.

NVTS has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft downgraded Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 price target on the stock. in a research note on Tuesday, June 17th. CJS Securities downgraded Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a report on Monday, August 18th. Morgan Stanley set a $4.40 target price on Navitas Semiconductor in a research note on Tuesday, August 5th. Rosenblatt Securities restated a "buy" rating and set a $8.00 target price on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Finally, Craig Hallum cut Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 price target for the company. in a research note on Tuesday, August 5th.

Navitas Semiconductor Trading Up 12.2%

Shares of NASDAQ NVTS opened at $8.19 on Friday. Navitas Semiconductor has a 1 year low of $1.52 and a 1 year high of $9.48. The firm's 50-day moving average is $6.66 and its 200-day moving average is $5.06. The firm has a market capitalization of $1.75 billion, a PE ratio of -12.60 and a beta of 3.03.

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

Insider Buying and Selling at Navitas Semiconductor

In other news, Director Ranbir Singh bought 18,645,603 shares of the business's stock in a transaction on Monday, July 28th. The shares were bought at an average cost of $8.79 per share, for a total transaction of $163,894,850.37. Following the completion of the acquisition, the director owned 18,645,603 shares in the company, valued at approximately $163,894,850.37. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Brian Long sold 500,000 shares of the company's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $6.11, for a total transaction of $3,055,000.00. Following the completion of the sale, the director owned 1,715,395 shares of the company's stock, valued at approximately $10,481,063.45. This represents a 22.57% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,705,596 shares of company stock worth $16,096,333. Company insiders own 29.90% of the company's stock.

Institutional Investors Weigh In On Navitas Semiconductor

Several large investors have recently modified their holdings of NVTS. Cranbrook Wealth Management LLC bought a new position in shares of Navitas Semiconductor during the 2nd quarter valued at about $25,000. NewEdge Advisors LLC increased its stake in Navitas Semiconductor by 189.8% during the 2nd quarter. NewEdge Advisors LLC now owns 4,492 shares of the company's stock worth $29,000 after purchasing an additional 2,942 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in Navitas Semiconductor during the 2nd quarter worth approximately $33,000. PNC Financial Services Group Inc. raised its holdings in Navitas Semiconductor by 1,510.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,424 shares of the company's stock worth $49,000 after buying an additional 6,963 shares during the period. Finally, HighMark Wealth Management LLC bought a new position in Navitas Semiconductor in the second quarter valued at approximately $66,000. 46.14% of the stock is currently owned by institutional investors.

About Navitas Semiconductor

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.

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