Traders Purchase Large Volume of Call Options on Navitas Semiconductor (NASDAQ:NVTS)

Navitas Semiconductor Corporation (NASDAQ:NVTS) was the recipient of unusually large options trading on Thursday. Investors purchased 67,391 call options on the stock. This represents an increase of 43% compared to the typical volume of 47,053 call options.

Navitas Semiconductor Trading Down 4.5%

Shares of NVTS opened at $7.82 on Friday. Navitas Semiconductor has a 12 month low of $1.52 and a 12 month high of $9.48. The stock’s 50 day moving average is $6.64 and its two-hundred day moving average is $5.10. The firm has a market cap of $1.67 billion, a P/E ratio of -12.03 and a beta of 3.03.

Navitas Semiconductor (NASDAQ:NVTS) last issued its quarterly earnings data 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 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 analyst estimates of $14.43 million. During the same period last year, the company earned ($0.07) earnings per share. Navitas Semiconductor’s quarterly revenue was down 29.2% compared to the same quarter last year. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Navitas Semiconductor will post -0.51 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NVTS. Morgan Stanley set a $4.40 price objective on Navitas Semiconductor in a research note on Tuesday, August 5th. Rosenblatt Securities reiterated a “buy” rating and set a $8.00 price target on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Deutsche Bank Aktiengesellschaft cut 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. Needham & Company LLC reiterated a “buy” rating and set a $8.00 price target on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Finally, Craig Hallum cut Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a research report on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Navitas Semiconductor currently has an average rating of “Hold” and a consensus price target of $5.65.

Insider Activity

In other news, Director Brian Long sold 750,000 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $5.84, for a total value of $4,380,000.00. Following the completion of the transaction, the director directly 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ranbir Singh acquired 18,645,603 shares of Navitas Semiconductor stock in a transaction dated Monday, July 28th. The stock was purchased at an average price 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 of the company’s stock, valued at approximately $163,894,850.37. The trade was a ? increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 2,705,596 shares of company stock valued at $16,096,333. Company insiders own 29.90% of the company’s stock.

Institutional Trading of Navitas Semiconductor

Several institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC increased its position in shares of Navitas Semiconductor by 980.4% during the first quarter. Hsbc Holdings PLC now owns 158,566 shares of the company’s stock worth $323,000 after purchasing an additional 143,890 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of Navitas Semiconductor during the fourth quarter worth approximately $52,000. SCS Capital Management LLC purchased a new stake in shares of Navitas Semiconductor during the first quarter worth approximately $567,000. Merit Financial Group LLC purchased a new stake in shares of Navitas Semiconductor during the first quarter worth approximately $48,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Navitas Semiconductor during the fourth quarter worth approximately $52,000. 46.14% of the stock is owned by institutional investors and hedge funds.

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.