Navitas Semiconductor (NASDAQ:NVTS) Shares Down 6.5% - Time to Sell?

Key Points

• Navitas shares fell 6.5% to $17.30 on Friday (16.1M shares traded), valuing the company at about $4.01 billion — notably trading well above the sell‑side consensus price target of $6.78.
• The company reported EPS of ($0.05) in line with estimates but revenue plunged 59.4% YoY and it carries a deeply negative net margin (-254.71%), with analysts forecasting -0.26 EPS for the fiscal year.
• Insiders have sold roughly 509,016 shares (~$5.0M) in the last 90 days (including the CFO and a director), although insiders still own 29.9% and institutional investors hold about 46.1% of shares.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report)'s share price traded down 6.5% during trading on Friday . The company traded as low as $17.68 and last traded at $17.3030. 16,105,417 shares traded hands during trading, a decline of 36% from the average session volume of 25,155,316 shares. The stock had previously closed at $18.51.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Rosenblatt Securities restated a "neutral" rating and set a $7.00 price objective on shares of Navitas Semiconductor in a research report on Thursday, March 12th. Weiss Ratings restated a "sell (d-)" rating on shares of Navitas Semiconductor in a research report on Tuesday. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $6.78.

Navitas Semiconductor Trading Down 6.2%

The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of -30.46 and a beta of 3.15. The stock's 50 day moving average price is $9.76 and its two-hundred day moving average price is $9.64.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. 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 254.71% and a negative return on equity of 14.52%. The business had revenue of $7.30 million for the quarter, compared to analysts' expectations of $6.95 million. During the same period in the prior year, the company posted ($0.06) EPS. The business's revenue for the quarter was down 59.4% on a year-over-year basis. On average, sell-side analysts forecast that Navitas Semiconductor Corporation will post -0.26 earnings per share for the current fiscal year.

Insider Transactions at Navitas Semiconductor

In other news, CFO Todd Glickman sold 98,152 shares of the company's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $10.78, for a total transaction of $1,058,078.56. Following the transaction, the chief financial officer directly owned 735,231 shares of the company's stock, valued at $7,925,790.18. This represents a 11.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ranbir Singh sold 389,096 shares of the company's stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $9.52, for a total transaction of $3,704,193.92. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 509,016 shares of company stock valued at $4,967,814 in the last ninety days. 29.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Navitas Semiconductor

A number of large investors have recently added to or reduced their stakes in NVTS. American Century Companies Inc. grew its stake in Navitas Semiconductor by 104.8% in the 2nd quarter. American Century Companies Inc. now owns 241,450 shares of the company's stock valued at $1,581,000 after acquiring an additional 123,577 shares during the last quarter. Prudential Financial Inc. acquired a new stake in Navitas Semiconductor in the 2nd quarter valued at about $120,000. New York State Common Retirement Fund grew its stake in Navitas Semiconductor by 102.7% in the 2nd quarter. New York State Common Retirement Fund now owns 40,255 shares of the company's stock valued at $264,000 after acquiring an additional 20,400 shares during the last quarter. Invesco Ltd. grew its stake in Navitas Semiconductor by 75.2% in the 2nd quarter. Invesco Ltd. now owns 3,206,008 shares of the company's stock valued at $20,999,000 after acquiring an additional 1,376,205 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in Navitas Semiconductor by 2,514.3% in the 2nd quarter. Baird Financial Group Inc. now owns 419,237 shares of the company's stock valued at $2,746,000 after acquiring an additional 403,201 shares during the last quarter. 46.14% of the stock is owned by institutional investors and hedge funds.

About Navitas Semiconductor

Navitas Semiconductor is a fabless semiconductor company specialized in gallium nitride (GaN) power integrated circuits. The company’s core mission centers on delivering high-efficiency, high-power-density power solutions that address the needs of modern electronic devices, ranging from fast chargers for consumer electronics to industrial and automotive power systems.

Navitas offers a portfolio of GaNFast power ICs designed to replace traditional silicon-based power components. These products integrate GaN transistors, drivers and protection features into single-chip solutions, enabling faster charging, reduced energy loss and smaller power supply footprints.

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