Navitas Semiconductor (NASDAQ:NVTS) Trading Down 1.8% - What's Next?

Key Points

• Navitas Semiconductor's stock fell by 1.8%, trading at $6.14 with a markedly low trading volume of 2.36 million shares, down 89% from its average volume.
• Analyst sentiment has turned negative, with CJS Securities and others downgrading the stock to "market perform" and "hold," while price targets range significantly lower than current trading prices.
• Insider trading activity is notable, with Director Ranbir Singh purchasing over 18 million shares, while another director, David Moxam, sold over 700,000 shares, indicating mixed signals about the company's future.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) shares traded down 1.8% during mid-day trading on Thursday . The stock traded as low as $6.10 and last traded at $6.14. 2,355,328 shares were traded during trading, a decline of 89% from the average session volume of 21,816,840 shares. The stock had previously closed at $6.25.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. CJS Securities lowered Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research note on Monday. Morgan Stanley set a $4.40 price target on Navitas Semiconductor in a research note on Tuesday, August 5th. Rosenblatt Securities cut their price target on Navitas Semiconductor from $10.00 to $8.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft downgraded Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 price objective for the company. in a report on Tuesday, June 17th. Finally, Craig Hallum downgraded Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 price objective for the company. in a report on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $5.65.

Navitas Semiconductor Stock Down 0.9%

The firm has a market capitalization of $1.32 billion, a P/E ratio of -9.51 and a beta of 3.02. The stock has a fifty day moving average of $7.01 and a 200-day moving average of $4.30.

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). The firm had revenue of $14.49 million during the quarter, compared to the consensus estimate of $14.43 million. Navitas Semiconductor had a negative return on equity of 18.16% and a negative net margin of 182.63%.The business's revenue was down 29.2% compared to the same quarter last year. During the same period last year, the company earned ($0.07) earnings per share. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Sell-side analysts predict 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 purchased 18,645,603 shares of the firm's stock in a transaction dated Monday, July 28th. The shares were bought at an average price of $8.79 per share, for a total transaction of $163,894,850.37. Following the purchase, the director owned 18,645,603 shares in the company, valued at approximately $163,894,850.37. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Moxam sold 714,199 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $6.50, for a total value of $4,642,293.50. Following the sale, the director owned 78,649 shares in the company, valued at $511,218.50. This represents a 90.08% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,215,437 shares of company stock worth $96,033,245. 29.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Navitas Semiconductor

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Navitas Semiconductor by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 9,997,486 shares of the company's stock worth $20,495,000 after buying an additional 123,598 shares during the period. Geode Capital Management LLC grew its holdings in shares of Navitas Semiconductor by 3.9% in the second quarter. Geode Capital Management LLC now owns 3,340,193 shares of the company's stock valued at $21,882,000 after acquiring an additional 124,594 shares in the last quarter. Invesco Ltd. grew its holdings in Navitas Semiconductor by 75.2% during the second quarter. Invesco Ltd. now owns 3,206,008 shares of the company's stock valued at $20,999,000 after purchasing an additional 1,376,205 shares during the period. BNP Paribas Financial Markets grew its holdings in Navitas Semiconductor by 1,332.3% during the second quarter. BNP Paribas Financial Markets now owns 1,604,538 shares of the company's stock valued at $10,510,000 after purchasing an additional 1,492,512 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Navitas Semiconductor by 1,742.4% in the second quarter. JPMorgan Chase & Co. now owns 1,428,386 shares of the company's stock worth $9,356,000 after acquiring an additional 1,350,857 shares during the period. 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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