Weiss Ratings Reaffirms Sell (D-) Rating for Navitas Semiconductor (NASDAQ:NVTS)

Key Points

• Weiss Ratings has reaffirmed a "Sell (D-)" rating for Navitas Semiconductor (NASDAQ: NVTS), indicating concerns about the company's performance.
• Recent analyst ratings vary widely, with some firms lowering their ratings while others have maintained "Buy" ratings, resulting in a consensus "Hold" rating and an average target price of $5.65.
• Navitas reported a quarterly revenue of $14.49 million, which is a 29.2% decline year-over-year, while having a negative net margin of 182.63% and an earnings per share of ($0.05).

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report)'s stock had its "sell (d-)" rating restated by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

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

Navitas Semiconductor Price Performance

Shares of NASDAQ:NVTS opened at $7.74 on Wednesday. The company's 50 day simple moving average is $6.65 and its 200 day simple moving average is $5.21. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of -11.91 and a beta of 3.03. Navitas Semiconductor has a 1 year low of $1.52 and a 1 year high of $9.48.

Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported ($0.05) earnings per share for the quarter, meeting analysts' consensus estimates 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 business posted ($0.07) earnings per share. The company's quarterly revenue was down 29.2% on a year-over-year basis. Navitas Semiconductor has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Navitas Semiconductor will post -0.51 EPS for the current fiscal year.

Insider Buying and Selling at Navitas Semiconductor

In related news, Director Ranbir Singh purchased 18,645,603 shares of the firm's stock in a transaction on Monday, July 28th. The stock was purchased at an average cost of $8.79 per share, with a total value of $163,894,850.37. Following the completion of 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 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 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 sale, the director directly owned 1,715,395 shares of the company's stock, valued at approximately $10,481,063.45. This trade represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,705,596 shares of company stock valued at $16,096,333. Insiders own 29.90% of the company's stock.

Institutional Investors Weigh In On Navitas Semiconductor

Several hedge funds and other institutional investors have recently bought and sold shares of NVTS. Vanguard Group Inc. increased its position 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 worth $20,495,000 after acquiring an additional 123,598 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Navitas Semiconductor by 3.9% during the second quarter. Geode Capital Management LLC now owns 3,340,193 shares of the company's stock worth $21,882,000 after acquiring an additional 124,594 shares in the last quarter. Invesco Ltd. increased its position in shares of Navitas Semiconductor by 75.2% during the second quarter. Invesco Ltd. now owns 3,206,008 shares of the company's stock worth $20,999,000 after acquiring an additional 1,376,205 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of 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 worth $10,510,000 after acquiring an additional 1,492,512 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Navitas Semiconductor by 1,742.4% during 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 in the last quarter. 46.14% of the stock is owned by institutional investors.

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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