Navitas Semiconductor (NASDAQ:NVTS) Stock Price Down 4.3% - What's Next?

Key Points

• Navitas Semiconductor's stock decreased by 4.3%, closing at $7.78 with significantly higher trading volume of 44.9 million shares, up 105% from its average.
• Analyst ratings have varied for Navitas, with Morgan Stanley setting a target price of $4.40, while Needham & Company maintains a "buy" rating with an $8.00 price objective, resulting in an overall average rating of "Hold."
• Recent insider trading saw Director Brian Long sell 500,000 shares while Director Ranbir Singh purchased over 18.6 million shares, indicating mixed insider sentiment towards the company’s stock.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report)'s stock price fell 4.3% during trading on Tuesday . The company traded as low as $7.57 and last traded at $7.78. 44,911,899 shares were traded during trading, an increase of 105% from the average session volume of 21,922,023 shares. The stock had previously closed at $8.13.

Analyst Ratings Changes

NVTS has been the topic of several research reports. Morgan Stanley set a $4.40 price objective on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft lowered Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 target price on the stock. in a research report on Tuesday, June 17th. Weiss Ratings reissued a "sell (d-)" rating on shares of Navitas Semiconductor in a report on Saturday, September 27th. Needham & Company LLC reiterated a "buy" rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Finally, CJS Securities lowered shares of Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research note on Monday, August 18th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $5.65.

Navitas Semiconductor Stock Down 4.3%

The business's 50 day simple moving average is $6.63 and its 200 day simple moving average is $5.18. The company has a market capitalization of $1.66 billion, a PE ratio of -11.97 and a beta of 3.03.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported ($0.05) EPS 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 firm had revenue of $14.49 million during the quarter, compared to analyst estimates of $14.43 million. During the same quarter last year, the business posted ($0.07) EPS. The company's revenue was down 29.2% on a year-over-year basis. Navitas Semiconductor has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Brian Long sold 500,000 shares of the business'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 transaction, the director directly owned 1,715,395 shares in the company, valued at $10,481,063.45. The trade was a 22.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ranbir Singh bought 18,645,603 shares of the stock in a transaction on Monday, July 28th. The stock was purchased at an average price of $8.79 per share, for a total transaction of $163,894,850.37. Following the purchase, the director directly owned 18,645,603 shares of the company's stock, valued at approximately $163,894,850.37. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders sold 2,705,596 shares of company stock valued at $16,096,333. Insiders own 29.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Captrust Financial Advisors lifted its holdings in shares of 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 buying an additional 1,667 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in Navitas Semiconductor by 20.8% in the 2nd 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 increased its holdings in shares of 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 during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Navitas Semiconductor by 7.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,441 shares of the company's stock worth $324,000 after purchasing an additional 3,559 shares during the period. Finally, Cranbrook Wealth Management LLC acquired a new position in shares of Navitas Semiconductor during the second quarter valued at about $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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