Navitas Semiconductor (NASDAQ:NVTS) Trading Down 3.4% - Should You Sell?

Key Points

• Navitas Semiconductor (NASDAQ: NVTS) shares fell 3.4% to $6.92, with trading volume down 68% from the average session volume.
• Three analysts have given Navitas Semiconductor a "Buy," three a "Hold," and one a "Sell" rating, with a consensus price target of $5.65.
• The company reported a revenue of $14.49 million for the quarter, a 29.2% year-over-year decline, with a negative earnings per share of ($0.05).

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) shares fell 3.4% during trading on Tuesday . The company traded as low as $6.91 and last traded at $6.92. 6,749,643 shares were traded during trading, a decline of 68% from the average session volume of 21,209,221 shares. The stock had previously closed at $7.16.

Analyst Ratings Changes

A number of research firms have commented on NVTS. Needham & Company LLC reiterated a "buy" rating and set a $8.00 target price on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Rosenblatt Securities restated a "buy" rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. CJS Securities downgraded Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research report on Monday, August 18th. Craig Hallum downgraded Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 price objective on the stock. in a research report on Tuesday, August 5th. Finally, Morgan Stanley set a $4.40 price objective on Navitas Semiconductor in a research report on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Navitas Semiconductor presently has a consensus rating of "Hold" and an average price target of $5.65.

Navitas Semiconductor Stock Performance

The firm has a fifty day moving average of $6.74 and a 200-day moving average of $4.84. The firm has a market cap of $1.47 billion, a P/E ratio of -10.58 and a beta of 3.00.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting 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 company had revenue of $14.49 million for the quarter, compared to analysts' expectations of $14.43 million. During the same period last year, the firm earned ($0.07) EPS. The firm's revenue for the quarter was down 29.2% on a year-over-year basis. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Equities research analysts expect that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current year.

Insider Transactions at Navitas Semiconductor

In related news, Director Brian Long sold 500,000 shares of the business's stock in a transaction dated 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ranbir Singh purchased 18,645,603 shares of the stock in a transaction that occurred on Monday, July 28th. The shares were purchased at an average price of $8.79 per share, for a total transaction of $163,894,850.37. Following the completion of the purchase, the director directly owned 18,645,603 shares of the company's stock, valued at approximately $163,894,850.37. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 2,705,596 shares of company stock valued at $16,096,333 in the last ninety days. Insiders own 29.90% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NVTS. Cranbrook Wealth Management LLC acquired a new position in shares of Navitas Semiconductor in the 2nd quarter valued at $25,000. NewEdge Advisors LLC lifted its stake 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. ST Germain D J Co. Inc. acquired a new position in shares of Navitas Semiconductor in the 2nd quarter valued at $33,000. PNC Financial Services Group Inc. increased its position in shares of Navitas Semiconductor by 1,510.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,424 shares of the company's stock valued at $49,000 after buying an additional 6,963 shares in the last quarter. Finally, HighMark Wealth Management LLC bought a new stake in shares of Navitas Semiconductor in the 2nd quarter valued at $66,000. Institutional investors and hedge funds own 46.14% of the company's stock.

About Navitas Semiconductor

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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