Navitas Semiconductor (NASDAQ:NVTS) Shares Down 4.6% - What's Next?

Key Points

• Navitas Semiconductor shares fell by 4.6% to $7.82, with trading volume significantly increasing to 33.9 million shares.
• Analyst ratings show mixed sentiment, with three analysts rating the stock as buy, three as hold, and two as sell, resulting in a consensus rating of "Hold" and an average price target of $5.65.
• The company reported a negative net margin of 182.63% and a 29.2% decrease in quarterly revenue year-over-year, despite meeting earnings per share estimates.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) traded down 4.6% during mid-day trading on Friday . The company traded as low as $7.50 and last traded at $7.82. 33,906,934 shares changed hands during trading, an increase of 56% from the average session volume of 21,731,957 shares. The stock had previously closed at $8.20.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a report on Tuesday, August 26th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Navitas Semiconductor in a research report on Saturday, September 27th. CJS Securities cut shares of 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 objective on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 price objective for the company. in a research note on Tuesday, June 17th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Navitas Semiconductor currently has a consensus rating of "Hold" and an average price target of $5.65.

Navitas Semiconductor Trading Down 4.5%

The company's 50 day moving average price is $6.64 and its 200-day moving average price is $5.10.

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, meeting the consensus estimate of ($0.05). The business had revenue of $14.49 million for the quarter, compared to analyst estimates of $14.43 million. Navitas Semiconductor had a negative net margin of 182.63% and a negative return on equity of 18.16%. The business's quarterly revenue was down 29.2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.07) EPS. Navitas Semiconductor has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Brian Long sold 750,000 shares of the company's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $5.84, for a total value of $4,380,000.00. Following the sale, the director owned 2,670,991 shares in the company, valued at approximately $15,598,587.44. This represents a 21.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ranbir Singh bought 18,645,603 shares of the firm's stock in a transaction on Monday, July 28th. The stock was purchased 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. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 2,705,596 shares of company stock worth $16,096,333 in the last quarter. 29.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Navitas Semiconductor

Several institutional investors have recently modified their holdings of the business. Captrust Financial Advisors boosted its holdings in Navitas Semiconductor by 3.8% during the second quarter. Captrust Financial Advisors now owns 45,758 shares of the company's stock worth $300,000 after purchasing an additional 1,667 shares during the last quarter. Ameritas Investment Partners Inc. boosted its holdings in Navitas Semiconductor by 20.8% during the second quarter. Ameritas Investment Partners Inc. now owns 13,678 shares of the company's stock worth $90,000 after purchasing an additional 2,352 shares during the last quarter. NewEdge Advisors LLC raised its position in Navitas Semiconductor by 189.8% during the second quarter. NewEdge Advisors LLC now owns 4,492 shares of the company's stock worth $29,000 after acquiring an additional 2,942 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Navitas Semiconductor by 7.8% during the second quarter. The Manufacturers Life Insurance Company now owns 49,441 shares of the company's stock worth $324,000 after acquiring an additional 3,559 shares in the last quarter. Finally, Cranbrook Wealth Management LLC bought a new stake in Navitas Semiconductor during the second quarter worth $25,000. Institutional investors and hedge funds own 46.14% of the company's stock.

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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