Navitas Semiconductor (NASDAQ:NVTS) Stock Price Up 1.5% - What's Next?

Key Points

• Navitas Semiconductor's stock price increased by 1.5%, trading at $5.70, with a significant decrease in trading volume, down 79% from average levels.
• Analysts have mixed views on Navitas, with three giving a Buy rating, three a Hold, and one a Sell, resulting in an average price target of $5.65.
• Recent insider transactions included a significant stock sale by Director Brian Long, who sold over 1 million shares, and a large purchase by Director Ranbir Singh of over 18 million shares.

Shares of Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) rose 1.5% during mid-day trading on Tuesday . The stock traded as high as $5.81 and last traded at $5.70. Approximately 4,443,236 shares were traded during trading, a decline of 79% from the average daily volume of 21,123,596 shares. The stock had previously closed at $5.61.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Needham & Company LLC reiterated a "buy" rating and issued a $8.00 target price on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. CJS Securities lowered Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research report on Monday, August 18th. Morgan Stanley set a $4.40 target price on Navitas Semiconductor in a research report on Tuesday, August 5th. Rosenblatt Securities reiterated a "buy" rating and issued a $8.00 target price on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Finally, Deutsche Bank Aktiengesellschaft lowered Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 target price for the company. in a research report on Tuesday, June 17th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's 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 Price Performance

The company has a 50-day simple moving average of $6.73 and a two-hundred day simple moving average of $4.57. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of -8.87 and a beta of 3.00.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.05). Navitas Semiconductor had a negative return on equity of 18.16% and a negative net margin of 182.63%.The company had revenue of $14.49 million during the quarter, compared to analyst estimates of $14.43 million. During the same quarter in the previous year, the firm posted ($0.07) EPS. The firm's quarterly revenue was down 29.2% on a year-over-year basis. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Research analysts anticipate that Navitas Semiconductor Corporation will post -0.51 EPS for the current year.

Insider Transactions at Navitas Semiconductor

In other Navitas Semiconductor news, Director Brian Long sold 1,026,227 shares of the company's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $7.93, for a total value of $8,137,980.11. Following the transaction, the director directly owned 4,420,991 shares of the company's stock, valued at $35,058,458.63. This represents a 18.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ranbir Singh acquired 18,645,603 shares of the stock in a transaction dated Monday, July 28th. The shares were bought at an average cost of $8.79 per share, for a total transaction of $163,894,850.37. Following the acquisition, 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. In the last quarter, insiders sold 2,721,782 shares of company stock valued at $20,868,557. 29.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Navitas Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. increased its stake in shares of Navitas Semiconductor by 608.6% in the 2nd quarter. Osaic Holdings Inc. now owns 42,875 shares of the company's stock valued at $281,000 after buying an additional 36,824 shares during the period. FORA Capital LLC acquired a new position in shares of Navitas Semiconductor in the second quarter valued at approximately $3,309,000. Tower Research Capital LLC TRC boosted its stake in shares of Navitas Semiconductor by 143.3% in the second quarter. Tower Research Capital LLC TRC now owns 16,008 shares of the company's stock valued at $105,000 after buying an additional 9,428 shares during the period. Captrust Financial Advisors lifted its stake 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. Finally, Tidal Investments LLC lifted its stake in Navitas Semiconductor by 93.8% during the second quarter. Tidal Investments LLC now owns 59,530 shares of the company's stock worth $390,000 after purchasing an additional 28,807 shares during the last quarter. Institutional investors 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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