Investors Buy Large Volume of Call Options on Navitas Semiconductor (NASDAQ:NVTS)

Key Points

• On Wednesday, traders purchased a significant volume of 69,580 call options for Navitas Semiconductor, marking a 68% increase compared to the typical daily volume.
• Navitas Semiconductor's stock rose 9.7% to $6.46 during mid-day trading, with total shares traded reaching 27,925,124, well above its average volume.
• Recent insider transactions include Director Ranbir Singh acquiring over 18.6 million shares, while another director sold 500,000 shares, indicating significant trading activity by company insiders.

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) was the target of some unusual options trading activity on Wednesday. Stock traders purchased 69,580 call options on the company. This is an increase of 68% compared to the average volume of 41,343 call options.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NVTS. Morgan Stanley set a $4.40 price objective on shares of Navitas Semiconductor in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft downgraded shares of Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 price target for the company. in a research report on Tuesday, June 17th. CJS Securities cut shares of Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a research note on Monday, August 18th. Needham & Company LLC reissued a "buy" rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $8.00 price target on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $5.65.

Navitas Semiconductor Price Performance

NASDAQ NVTS traded up $0.27 during mid-day trading on Thursday, hitting $6.73. The company's stock had a trading volume of 26,594,375 shares, compared to its average volume of 21,233,342. Navitas Semiconductor has a 52-week low of $1.52 and a 52-week high of $9.48. The stock's fifty day simple moving average is $6.68 and its two-hundred day simple moving average is $4.71. The firm has a market capitalization of $1.43 billion, a P/E ratio of -10.35 and a beta of 3.00.

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

Insider Buying and Selling

In other Navitas Semiconductor news, Director Ranbir Singh acquired 18,645,603 shares of the company's stock in a transaction that occurred on Monday, July 28th. The stock was purchased at an average price 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 of the company's stock, valued at approximately $163,894,850.37. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Brian Long sold 500,000 shares of Navitas Semiconductor stock in a transaction that occurred on Monday, September 15th. The shares were 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 $10,481,063.45. This trade represents a 22.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,705,596 shares of company stock worth $16,096,333 over the last three months. Insiders own 29.90% of the company's stock.

Institutional Trading of Navitas Semiconductor

Large investors have recently bought and sold shares of the company. Cranbrook Wealth Management LLC acquired a new stake in Navitas Semiconductor in the second quarter valued at approximately $25,000. NewEdge Advisors LLC grew its position in Navitas Semiconductor by 189.8% in the second quarter. NewEdge Advisors LLC now owns 4,492 shares of the company's stock valued at $29,000 after acquiring an additional 2,942 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in shares of Navitas Semiconductor during the second quarter worth approximately $33,000. PNC Financial Services Group Inc. grew its position in shares of Navitas Semiconductor by 1,510.4% during the second quarter. PNC Financial Services Group Inc. now owns 7,424 shares of the company's stock worth $49,000 after buying an additional 6,963 shares in the last quarter. Finally, HighMark Wealth Management LLC acquired a new stake in shares of Navitas Semiconductor during the second quarter worth approximately $66,000. Institutional investors and hedge funds 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.