Navitas Semiconductor (NASDAQ:NVTS) Stock Price Up 3.4% - Time to Buy?

Key Points

• Navitas Semiconductor's stock price increased by 3.4%, reaching $14.07, with a trading volume significantly above its average.
• Recent analyst reports revealed a mix of ratings: two analysts rated it as a Buy, four as Hold, and two as Sell, indicating uncertainty in market expectations.
• Insider trading activity showed notable transactions, with a Director purchasing 18.6 million shares for over $163 million, while another sold 500,000 shares, reflecting differing confidence among executives.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report)'s share price rose 3.4% during mid-day trading on Friday . The company traded as high as $14.87 and last traded at $14.07. Approximately 34,713,687 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 26,566,729 shares. The stock had previously closed at $13.61.

Wall Street Analysts Forecast Growth

NVTS has been the topic of a number of recent analyst reports. Rosenblatt Securities cut Navitas Semiconductor from a "buy" rating to a "neutral" rating and lifted their target price for the company from $4.00 to $12.00 in a research report on Monday. 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. CJS Securities cut Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research report on Monday, August 18th. 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. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Navitas Semiconductor in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Navitas Semiconductor presently has a consensus rating of "Hold" and a consensus target price of $6.32.

Navitas Semiconductor Stock Up 3.4%

The stock has a 50 day moving average of $7.96 and a 200 day moving average of $6.05. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of -21.65 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). The company had revenue of $14.49 million for the quarter, compared to analyst estimates of $14.43 million. Navitas Semiconductor had a negative return on equity of 18.16% and a negative net margin of 182.63%.The firm's quarterly revenue was down 29.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.07) earnings per share. Navitas Semiconductor has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Navitas Semiconductor Corporation will post -0.51 EPS for the current fiscal year.

Insider Buying and Selling

In other Navitas Semiconductor news, Director Ranbir Singh bought 18,645,603 shares of the stock in a transaction on Monday, July 28th. The stock was acquired at an average cost of $8.79 per share, for a total transaction of $163,894,850.37. Following the completion of the acquisition, the director owned 18,645,603 shares in the company, valued at $163,894,850.37. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Brian Long sold 500,000 shares of Navitas Semiconductor stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $6.11, for a total value of $3,055,000.00. Following the completion of the sale, the director 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. Over the last quarter, insiders sold 2,705,596 shares of company stock valued at $16,096,333. 29.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Navitas Semiconductor

A number of hedge funds have recently added to or reduced their stakes in NVTS. Teacher Retirement System of Texas bought a new stake in Navitas Semiconductor in the first quarter worth approximately $36,000. Larson Financial Group LLC bought a new stake in shares of Navitas Semiconductor during the first quarter valued at approximately $28,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Navitas Semiconductor during the first quarter valued at approximately $410,000. Vanguard Group Inc. increased its holdings in shares of Navitas Semiconductor by 1.3% during the first quarter. Vanguard Group Inc. now owns 9,997,486 shares of the company's stock valued at $20,495,000 after acquiring an additional 123,598 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new stake in shares of Navitas Semiconductor during the first quarter valued at approximately $31,000. 46.14% of the stock is currently 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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