Navitas Semiconductor (NASDAQ:NVTS) Stock Price Down 6.2% - Should You Sell?

Key Points

• Navitas Semiconductor's stock price dropped by 6.2% recently, closing at $14.66 after trading as low as $14.02, with trading volume significantly above average.
• Analysts have mixed ratings on the stock, with three rating it as a Buy, three as Hold, and two as Sell, leading to an average price target of $5.65.
• Despite meeting earnings estimates for the last quarter, Navitas reported a 29.2% decline in revenue compared to the same period last year, raising concerns about its financial health.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report)'s stock price fell 6.2% during trading on Friday . The company traded as low as $14.02 and last traded at $14.66. 74,095,072 shares changed hands during trading, an increase of 186% from the average session volume of 25,874,008 shares. The stock had previously closed at $15.63.

Wall Street Analyst Weigh In

A number of research firms recently commented on NVTS. CJS Securities lowered shares of Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research report on Monday, August 18th. Craig Hallum downgraded shares of Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 price objective on the stock. in a research note on Tuesday, August 5th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Navitas Semiconductor in a research note on Wednesday, October 8th. Rosenblatt Securities reiterated a "buy" rating and set a $8.00 price objective on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Finally, Morgan Stanley set a $4.40 price objective on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. 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 stock. According to data from MarketBeat.com, Navitas Semiconductor currently has an average rating of "Hold" and an average price target of $5.65.

Navitas Semiconductor Trading Down 6.2%

The business's 50 day moving average price is $7.18 and its two-hundred day moving average price is $5.61. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of -22.55 and a beta of 3.03.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The company reported ($0.05) earnings per share for the quarter, meeting 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 company had revenue of $14.49 million for the quarter, compared to the consensus estimate of $14.43 million. During the same period last year, the company posted ($0.07) EPS. The firm's quarterly revenue was down 29.2% compared to the same quarter last year. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Analysts expect that Navitas Semiconductor Corporation will post -0.51 EPS for the current year.

Insider Buying and Selling

In other news, Director Brian Long sold 500,000 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $6.11, for a total value of $3,055,000.00. Following the sale, the director directly owned 1,715,395 shares in the company, valued at approximately $10,481,063.45. This trade represents a 22.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ranbir Singh purchased 18,645,603 shares of Navitas Semiconductor stock in a transaction dated Monday, July 28th. The stock was bought at an average price of $8.79 per share, for a total transaction of $163,894,850.37. Following the completion of the purchase, the director owned 18,645,603 shares in the company, valued at $163,894,850.37. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 2,705,596 shares of company stock worth $16,096,333. 29.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in NVTS. BNP Paribas Financial Markets raised its holdings in Navitas Semiconductor by 1,332.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,604,538 shares of the company's stock valued at $10,510,000 after buying an additional 1,492,512 shares during the last quarter. Invesco Ltd. raised its holdings 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 buying an additional 1,376,205 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Navitas Semiconductor by 1,742.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,428,386 shares of the company's stock valued at $9,356,000 after buying an additional 1,350,857 shares during the last quarter. FORA Capital LLC bought a new position in Navitas Semiconductor in the 2nd quarter valued at approximately $3,309,000. Finally, Baird Financial Group Inc. raised its holdings 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 buying an additional 403,201 shares during the last quarter. Institutional investors own 46.14% of the company's stock.

About Navitas Semiconductor

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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