Navitas Semiconductor (NASDAQ:NVTS) Director Sells $12,750,612.84 in Stock

Key Points

• Director Brian Long sold 1,493,046 shares on Nov. 26 at an average price of $8.54 for proceeds of $12,750,612.84, leaving him with 222,349 shares — an 87.04% reduction in his stake.
• Long also sold about 2.21 million shares in September (roughly $13.07M), indicating a sustained pattern of insider share disposals.
• Navitas reported Q3 EPS of ($0.05) in line with estimates while revenue fell 53.4% YoY to $10.11M and net margin remained deeply negative; analysts' consensus is a "Hold" with a $6.48 target.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) Director Brian Long sold 1,493,046 shares of the company's stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $8.54, for a total transaction of $12,750,612.84. Following the sale, the director directly owned 222,349 shares of the company's stock, valued at approximately $1,898,860.46. This trade represents a 87.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Brian Long also recently made the following trade(s):

• On Monday, September 15th, Brian Long sold 500,000 shares of Navitas Semiconductor stock. The shares were sold at an average price of $6.11, for a total value of $3,055,000.00.
• On Thursday, September 11th, Brian Long sold 455,596 shares of Navitas Semiconductor stock. The stock was sold at an average price of $6.05, for a total value of $2,756,355.80.
• On Wednesday, September 10th, Brian Long sold 750,000 shares of Navitas Semiconductor stock. The shares were sold at an average price of $5.84, for a total value of $4,380,000.00.
• On Tuesday, September 9th, Brian Long sold 497,700 shares of Navitas Semiconductor stock. The shares were sold at an average price of $5.76, for a total value of $2,866,752.00.
• On Friday, September 5th, Brian Long sold 2,300 shares of Navitas Semiconductor stock. The stock was sold at an average price of $5.75, for a total value of $13,225.00.

Navitas Semiconductor Trading Down 4.8%

NASDAQ:NVTS traded down $0.42 during trading hours on Monday, hitting $8.32. The stock had a trading volume of 12,001,329 shares, compared to its average volume of 26,534,367. The company has a market cap of $1.92 billion, a PE ratio of -13.05 and a beta of 3.14. The business has a 50 day simple moving average of $9.84 and a two-hundred day simple moving average of $7.58. Navitas Semiconductor Corporation has a 1-year low of $1.52 and a 1-year high of $17.79.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last announced its earnings results on Monday, November 3rd. The company reported ($0.05) earnings per share for the quarter, meeting the consensus estimate of ($0.05). Navitas Semiconductor had a negative net margin of 220.85% and a negative return on equity of 14.86%. The business had revenue of $10.11 million during the quarter, compared to the consensus estimate of $10.00 million. During the same period in the prior year, the firm earned ($0.10) earnings per share. The business's quarterly revenue was down 53.4% compared to the same quarter last year. Navitas Semiconductor has set its Q4 2025 guidance at EPS. Research analysts expect that Navitas Semiconductor Corporation will post -0.51 EPS for the current fiscal year.

Institutional Trading of Navitas Semiconductor

A number of institutional investors and hedge funds have recently modified their holdings of NVTS. Kingsview Wealth Management LLC acquired a new position in Navitas Semiconductor during the 2nd quarter valued at about $385,000. Cornerstone Investment Partners LLC bought a new stake in shares of Navitas Semiconductor during the second quarter valued at approximately $461,000. Hsbc Holdings PLC boosted its position in shares of Navitas Semiconductor by 980.4% during the first quarter. Hsbc Holdings PLC now owns 158,566 shares of the company's stock worth $323,000 after buying an additional 143,890 shares during the period. Geode Capital Management LLC grew its holdings in Navitas Semiconductor by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 3,340,193 shares of the company's stock worth $21,882,000 after buying an additional 124,594 shares in the last quarter. Finally, SCS Capital Management LLC bought a new position in Navitas Semiconductor in the 1st quarter worth approximately $567,000. 46.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on NVTS. Needham & Company LLC increased their price target on Navitas Semiconductor from $8.00 to $13.00 and gave the company a "buy" rating in a report on Tuesday, November 4th. CJS Securities cut Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research note on Monday, August 18th. Morgan Stanley set a $4.40 price target on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. Rosenblatt Securities reiterated a "neutral" rating and set a $8.00 price objective on shares of Navitas Semiconductor in a research note on Monday, November 10th. Finally, Craig Hallum lowered shares of Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 price objective for the company. in a report on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $6.48.

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.

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