Navitas Semiconductor (NASDAQ:NVTS) Shares Down 1.2% - What's Next?

Key Points

• Navitas Semiconductor's shares fell 1.2% to $6.43, with trading volume dropping 44% from the average, indicating potential investor caution.
• Multiple analysts have downgraded the stock ratings, resulting in a consensus rating of "Hold" with an average target price of $5.65.
• Despite recent declines, insider activity includes a significant purchase by Director Ranbir Singh, who acquired over 18 million shares, suggesting continued confidence in the company.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report)'s share price traded down 1.2% during mid-day trading on Friday . The company traded as low as $6.22 and last traded at $6.43. 11,928,432 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 21,220,551 shares. The stock had previously closed at $6.51.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Needham & Company LLC reissued a "buy" rating and issued a $8.00 price target on shares of Navitas Semiconductor in a report on Tuesday, August 26th. Craig Hallum downgraded shares of Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 target price on the stock. in a research note on Tuesday, August 5th. CJS Securities downgraded shares of Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research note on Monday, August 18th. Deutsche Bank Aktiengesellschaft downgraded shares of Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 target price on the stock. in a research note on Tuesday, June 17th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $8.00 target price on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $5.65.

Navitas Semiconductor Stock Down 1.2%

The stock has a market cap of $1.37 billion, a P/E ratio of -9.89 and a beta of 3.00. The firm's fifty day moving average price is $6.77 and its 200-day moving average price is $4.90.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported ($0.05) EPS for the quarter, hitting analysts' consensus estimates of ($0.05). The company had revenue of $14.49 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted ($0.07) earnings per share. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current year.

Insider Activity

In other Navitas Semiconductor news, Director Ranbir Singh bought 18,645,603 shares of the firm's stock in a transaction on Monday, July 28th. The stock was acquired at an average price of $8.79 per share, with a total value of $163,894,850.37. Following the transaction, 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 link. Also, Director Brian Long sold 750,000 shares of the business's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $5.84, for a total value of $4,380,000.00. Following the completion of the transaction, the director directly owned 2,670,991 shares of the company's stock, valued at approximately $15,598,587.44. This trade represents a 21.92% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,705,596 shares of company stock valued at $16,096,333. 29.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Navitas Semiconductor by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 9,997,486 shares of the company's stock valued at $20,495,000 after acquiring an additional 123,598 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Navitas Semiconductor by 3.9% during the second quarter. Geode Capital Management LLC now owns 3,340,193 shares of the company's stock valued at $21,882,000 after buying an additional 124,594 shares during the period. Invesco Ltd. increased its stake in shares of Navitas Semiconductor by 75.2% during the second quarter. Invesco Ltd. now owns 3,206,008 shares of the company's stock valued at $20,999,000 after buying an additional 1,376,205 shares during the period. BNP Paribas Financial Markets grew its stake in Navitas Semiconductor by 1,332.3% in the second quarter. BNP Paribas Financial Markets now owns 1,604,538 shares of the company's stock valued at $10,510,000 after purchasing an additional 1,492,512 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Navitas Semiconductor by 1,742.4% in the second quarter. JPMorgan Chase & Co. now owns 1,428,386 shares of the company's stock valued at $9,356,000 after purchasing an additional 1,350,857 shares during the last quarter. 46.14% of the stock is currently owned by institutional investors.

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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