Navitas Semiconductor (NASDAQ:NVTS) Trading Down 5% Following Insider Selling

Navitas Semiconductor Corporation (NASDAQ:NVTS) shares dropped 5% during trading on Monday following insider selling activity. The stock traded as low as $8.27 and last traded at $8.30. Approximately 13,852,486 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 26,544,779 shares. The stock had previously closed at $8.74.

Specifically, Director Brian Long sold 1,493,046 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $8.54, for a total transaction of $12,750,612.84. Following the sale, the director directly owned 222,349 shares in the company, valued at approximately $1,898,860.46. This trade represents a 87.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Wall Street Analysts Forecast Growth

NVTS has been the topic of several research reports. Craig Hallum cut shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price objective on the stock. in a research report on Tuesday, August 5th. CJS Securities cut Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a research report on Monday, August 18th. Needham & Company LLC boosted their target price on Navitas Semiconductor from $8.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Rosenblatt Securities reiterated a “neutral” rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a report on Monday, November 10th. Finally, Jefferies Financial Group upgraded shares of Navitas Semiconductor to a “hold” rating in a report on Tuesday, October 28th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Navitas Semiconductor currently has an average rating of “Hold” and a consensus price target of $6.48.

Navitas Semiconductor Stock Performance

The company’s fifty day simple moving average is $9.84 and its two-hundred day simple moving average is $7.58. The stock has a market capitalization of $1.91 billion, a P/E ratio of -12.97 and a beta of 3.14.

Navitas Semiconductor (NASDAQ:NVTS) last released its quarterly earnings results on Monday, November 3rd. The company reported ($0.05) EPS for the quarter, meeting the consensus estimate of ($0.05). Navitas Semiconductor had a negative net margin of 220.85% and a negative return on equity of 14.86%. The business had revenue of $10.11 million for the quarter, compared to the consensus estimate of $10.00 million. During the same period in the prior year, the company posted ($0.10) earnings per share. Navitas Semiconductor’s revenue was down 53.4% compared to the same quarter last year. Navitas Semiconductor has set its Q4 2025 guidance at EPS. On average, research analysts predict that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.

Institutional Trading of Navitas Semiconductor

Hedge funds have recently added to or reduced their stakes in the stock. CWM LLC grew its holdings in shares of Navitas Semiconductor by 24.7% during the third quarter. CWM LLC now owns 4,515 shares of the company’s stock worth $33,000 after purchasing an additional 893 shares during the last quarter. Strategic Blueprint LLC boosted its position in 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 buying an additional 937 shares during the period. Prospera Financial Services Inc boosted its position in 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 buying an additional 1,120 shares during the period. Captrust Financial Advisors grew its holdings in Navitas Semiconductor by 3.8% during the 2nd quarter. Captrust Financial Advisors now owns 45,758 shares of the company’s stock worth $300,000 after acquiring an additional 1,667 shares during the last quarter. Finally, Ameritas Investment Partners Inc. increased its position 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 acquiring an additional 2,352 shares during the period. Institutional investors and hedge funds 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.