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

Key Points

• Weiss Ratings has reiterated a "Sell (D-)" rating for Navitas Semiconductor (NASDAQ: NVTS), indicating ongoing concerns regarding the company's investment outlook.
• Navitas Semiconductor's stock saw a one-year price range, with a low of $1.52 and a high of $17.79, and currently holds a consensus rating of "Hold" with an average target price of $6.32.
• Directors have been actively trading their shares, with notable sales and purchases impacting insider ownership, including a 21.92% decrease by Director Brian Long after selling 750,000 shares.

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

Several other equities analysts also recently weighed in on NVTS. Rosenblatt Securities downgraded shares of Navitas Semiconductor from a "buy" rating to a "neutral" rating and raised their target price for the company from $4.00 to $12.00 in a report on Monday, October 20th. Craig Hallum downgraded shares of Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 target price for the company. in a report on Tuesday, August 5th. CJS Securities downgraded shares of Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a report on Monday, August 18th. Needham & Company LLC reaffirmed a "buy" rating and set a $8.00 price target on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Finally, Morgan Stanley set a $4.40 price target on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $6.32.

Navitas Semiconductor Stock Performance

NVTS stock opened at $14.07 on Friday. Navitas Semiconductor has a one year low of $1.52 and a one year high of $17.79. The stock has a market capitalization of $3.00 billion, a PE ratio of -21.65 and a beta of 3.03. The company has a fifty day moving average of $8.10 and a 200-day moving average of $6.17.

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

Insider Buying and Selling

In other news, Director Brian Long sold 750,000 shares of Navitas Semiconductor stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $5.84, for a total transaction of $4,380,000.00. Following the sale, the director owned 2,670,991 shares in the company, valued at $15,598,587.44. This trade represents a 21.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ranbir Singh acquired 18,645,603 shares of the company's stock in a transaction dated 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 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. Over the last ninety days, insiders have sold 2,705,596 shares of company stock worth $16,096,333. 29.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Navitas Semiconductor

Institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC increased its stake in Navitas Semiconductor by 980.4% during the first quarter. Hsbc Holdings PLC now owns 158,566 shares of the company's stock valued at $323,000 after purchasing an additional 143,890 shares during the last quarter. SCS Capital Management LLC bought a new stake in Navitas Semiconductor during the first quarter valued at $567,000. Strategic Investment Solutions Inc. IL bought a new stake in Navitas Semiconductor during the second quarter valued at $273,000. Vanguard Group Inc. increased its stake in 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 purchasing an additional 123,598 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in Navitas Semiconductor by 650.6% during the first quarter. American Century Companies Inc. now owns 117,873 shares of the company's stock valued at $242,000 after purchasing an additional 102,169 shares during the last quarter. Institutional investors 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.

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