Navitas Semiconductor (NASDAQ:NVTS) Stock Price Up 2.9% - Time to Buy?

Key Points

• Navitas Semiconductor's stock increased by 2.9% during mid-day trading, reaching a high of $9.79 before last trading at $8.23, with an extraordinary trading volume of approximately 93.5 million shares.
• The company faces mixed analyst ratings, with three analysts rating it a "Buy," three as "Hold," and two as "Sell," resulting in a consensus "Hold" rating and a price target of $5.65.
• Recent insider activities include Director Ranbir Singh purchasing 18.6 million shares for around $163.9 million, while another director, Brian Long, sold 500,000 shares, indicating fluctuating confidence among company insiders.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) rose 2.9% during mid-day trading on Friday . The stock traded as high as $9.79 and last traded at $8.23. Approximately 93,542,648 shares traded hands during trading, an increase of 305% from the average daily volume of 23,069,121 shares. The stock had previously closed at $8.00.

Analyst Ratings Changes

NVTS has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft cut Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 price target on the stock. in a research report on Tuesday, June 17th. Rosenblatt Securities restated a "buy" rating and issued a $8.00 target price on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Needham & Company LLC restated a "buy" rating and issued a $8.00 target price on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Craig Hallum cut Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 target price on the stock. in a research report on Tuesday, August 5th. Finally, Morgan Stanley set a $4.40 target price on Navitas Semiconductor in a research report on Tuesday, August 5th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $5.65.

Navitas Semiconductor Stock Up 2.9%

The firm has a market cap of $1.75 billion, a price-to-earnings ratio of -12.66 and a beta of 3.03. The company has a 50-day moving average price of $6.66 and a 200 day moving average price of $5.25.

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

Insider Buying and Selling at Navitas Semiconductor

In other news, Director Ranbir Singh purchased 18,645,603 shares of the firm's stock in a transaction dated Monday, July 28th. The stock was bought at an average price of $8.79 per share, with a total value of $163,894,850.37. Following the acquisition, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Brian Long sold 500,000 shares of the company's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $6.11, for a total transaction of $3,055,000.00. Following the completion of the transaction, the director directly owned 1,715,395 shares of the company's stock, valued at approximately $10,481,063.45. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,705,596 shares of company stock valued at $16,096,333 in the last quarter. Corporate insiders own 29.90% of the company's stock.

Institutional Investors Weigh In On Navitas Semiconductor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Captrust Financial Advisors raised its holdings in shares of Navitas Semiconductor by 3.8% in the 2nd quarter. Captrust Financial Advisors now owns 45,758 shares of the company's stock valued at $300,000 after purchasing an additional 1,667 shares during the period. Ameritas Investment Partners Inc. raised its holdings in shares of Navitas Semiconductor by 20.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,678 shares of the company's stock valued at $90,000 after purchasing an additional 2,352 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Navitas Semiconductor by 189.8% in the 2nd quarter. NewEdge Advisors LLC now owns 4,492 shares of the company's stock valued at $29,000 after purchasing an additional 2,942 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Navitas Semiconductor by 7.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,441 shares of the company's stock valued at $324,000 after purchasing an additional 3,559 shares during the period. Finally, Cranbrook Wealth Management LLC bought a new stake in shares of Navitas Semiconductor in the 2nd quarter valued at about $25,000. 46.14% of the stock is owned by institutional investors.

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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