Navitas Semiconductor (NASDAQ:NVTS) Shares Gap Up – Still a Buy?

Navitas Semiconductor Corporation (NASDAQ:NVTS) shares gapped up before the market opened on Wednesday . The stock had previously closed at $8.03, but opened at $8.35. Navitas Semiconductor shares last traded at $8.2860, with a volume of 3,509,969 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NVTS shares. Rosenblatt Securities reiterated a “neutral” rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a research note on Monday, November 10th. Morgan Stanley set a $4.40 target price on shares of Navitas Semiconductor in a report on Tuesday, August 5th. CJS Securities cut shares of Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a research note on Monday, August 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Navitas Semiconductor in a research report on Wednesday, October 8th. Finally, Craig Hallum cut 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. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $6.48.

Navitas Semiconductor Stock Up 5.5%

The company has a fifty day moving average of $9.73 and a two-hundred day moving average of $7.44. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of -13.26 and a beta of 3.10.

Navitas Semiconductor (NASDAQ:NVTS) last announced its quarterly earnings data on Monday, November 3rd. The company reported ($0.05) EPS for the quarter, hitting analysts’ consensus estimates of ($0.05). Navitas Semiconductor had a negative net margin of 220.85% and a negative return on equity of 14.86%. The company had revenue of $10.11 million during the quarter, compared to the consensus estimate of $10.00 million. During the same quarter in the prior year, the firm earned ($0.10) EPS. Navitas Semiconductor’s quarterly revenue was down 53.4% on a year-over-year basis. Navitas Semiconductor has set its Q4 2025 guidance at EPS. Equities analysts anticipate that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Brian Long sold 750,000 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $5.84, for a total value of $4,380,000.00. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Todd Glickman sold 96,313 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $10.56, for a total value of $1,017,065.28. Following the transaction, the chief financial officer owned 891,268 shares in the company, valued at $9,411,790.08. The trade was a 9.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,302,254 shares of company stock valued at $14,090,955 over the last three months. 29.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. CWM LLC lifted its holdings in shares of Navitas Semiconductor by 24.7% in the third quarter. CWM LLC now owns 4,515 shares of the company’s stock valued at $33,000 after purchasing an additional 893 shares in the last quarter. Strategic Blueprint LLC increased its stake in shares of Navitas Semiconductor by 6.5% during the 3rd quarter. Strategic Blueprint LLC now owns 15,426 shares of the company’s stock worth $111,000 after purchasing an additional 937 shares in the last quarter. Prospera Financial Services Inc raised its position in shares of Navitas Semiconductor by 3.8% during the 3rd quarter. Prospera Financial Services Inc now owns 30,285 shares of the company’s stock worth $219,000 after purchasing an additional 1,120 shares during the last quarter. Captrust Financial Advisors lifted its stake in Navitas Semiconductor by 3.8% in the 2nd quarter. Captrust Financial Advisors now owns 45,758 shares of the company’s stock valued at $300,000 after buying an additional 1,667 shares in the last quarter. Finally, Ameritas Investment Partners Inc. lifted its stake in Navitas Semiconductor by 20.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,678 shares of the company’s stock valued at $90,000 after buying an additional 2,352 shares in the last quarter. Hedge funds and other institutional investors 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.