Navitas Semiconductor (NASDAQ:NVTS) Stock Price Down 7.6% - Time to Sell?

Key Points

• Shares dropped 7.6% to $16.13 on Monday with mid-day volume of ~12.7 million shares (about 51% below the average), even though the price sits above the 50‑day ($10.59) and 200‑day ($9.92) moving averages.
• Analyst opinions are mixed: the consensus rating is Hold with a consensus price target of $8.98, while individual targets range from Weiss's "sell" to Baird's $20 "outperform".
• Business fundamentals show stress—quarterly revenue fell 59.4% year‑over‑year, the company remains unprofitable with a negative net margin and expected FY EPS of -0.26—meanwhile insiders sold ~509,016 shares in the last 90 days (insiders still own 29.9%).

Shares of Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) fell 7.6% on Monday . The stock traded as low as $16.19 and last traded at $16.1310. 12,729,734 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 25,751,232 shares. The stock had previously closed at $17.45.

Analyst Ratings Changes

Several research analysts have issued reports on NVTS shares. Weiss Ratings reiterated a "sell (d-)" rating on shares of Navitas Semiconductor in a report on Tuesday, April 21st. Robert W. Baird boosted their price target on shares of Navitas Semiconductor from $9.00 to $20.00 and gave the company an "outperform" rating in a report on Monday. Finally, Rosenblatt Securities reaffirmed a "neutral" rating and issued a $7.00 price target on shares of Navitas Semiconductor in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Navitas Semiconductor presently has an average rating of "Hold" and a consensus target price of $8.98.

Navitas Semiconductor Stock Performance

The firm has a market capitalization of $3.67 billion, a PE ratio of -27.93 and a beta of 3.62. The stock has a fifty day moving average price of $10.59 and a 200-day moving average price of $9.92.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The company reported ($0.05) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.05). The company had revenue of $7.30 million for the quarter, compared to the consensus estimate of $6.95 million. Navitas Semiconductor had a negative return on equity of 14.52% and a negative net margin of 254.71%.The firm's revenue for the quarter was down 59.4% compared to the same quarter last year. During the same quarter last year, the company earned ($0.06) earnings per share. Research analysts expect that Navitas Semiconductor Corporation will post -0.26 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Chris Allexandre sold 9,236 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $8.93, for a total transaction of $82,477.48. Following the completion of the sale, the chief executive officer owned 813,323 shares of the company's stock, valued at $7,262,974.39. This represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Todd Glickman sold 98,152 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 735,231 shares of the company's stock, valued at approximately $7,925,790.18. This trade represents a 11.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 509,016 shares of company stock worth $4,967,814. Corporate insiders own 29.90% of the company's stock.

Institutional Trading of Navitas Semiconductor

Hedge funds and other institutional investors have recently made changes to their positions in the business. American Century Companies Inc. grew its stake in Navitas Semiconductor by 104.8% during the 2nd quarter. American Century Companies Inc. now owns 241,450 shares of the company's stock worth $1,581,000 after buying an additional 123,577 shares during the last quarter. Prudential Financial Inc. acquired a new stake in Navitas Semiconductor in the second quarter worth about $120,000. New York State Common Retirement Fund boosted its holdings in Navitas Semiconductor by 102.7% in the second quarter. New York State Common Retirement Fund now owns 40,255 shares of the company's stock worth $264,000 after acquiring an additional 20,400 shares in the last quarter. Invesco Ltd. grew 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 worth $20,999,000 after acquiring an additional 1,376,205 shares during the last quarter. Finally, Baird Financial Group Inc. increased its holdings in shares of Navitas Semiconductor by 2,514.3% during the second 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 in the last quarter. Hedge funds and other institutional investors own 46.14% of the company's stock.

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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