Navitas Semiconductor (NASDAQ:NVTS) Stock Price Down 11.3% – Here’s Why

Navitas Semiconductor Corporation (NASDAQ:NVTS) fell 11.3% on Friday . The stock traded as low as $7.18 and last traded at $7.84. 48,668,835 shares traded hands during trading, an increase of 81% from the average session volume of 26,836,775 shares. The stock had previously closed at $8.84.

Analyst Ratings Changes

Several brokerages recently weighed in on NVTS. Jefferies Financial Group upgraded shares of Navitas Semiconductor to a “hold” rating in a research report on Tuesday, October 28th. Rosenblatt Securities reduced their target price on shares of Navitas Semiconductor from $12.00 to $8.00 and set a “neutral” rating on the stock in a report on Tuesday. Craig Hallum cut shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a research report on Tuesday, August 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Navitas Semiconductor in a research report on Wednesday, October 8th. Finally, Morgan Stanley set a $4.40 price objective on Navitas Semiconductor in a research note on Tuesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $6.48.

Navitas Semiconductor Trading Down 11.3%

The firm has a market cap of $1.67 billion, a PE ratio of -12.25 and a beta of 3.10. The business’s 50-day simple moving average is $9.13 and its 200 day simple moving average is $6.81.

Navitas Semiconductor (NASDAQ:NVTS) last released its quarterly earnings results on Monday, November 3rd. 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 220.85% and a negative return on equity of 14.86%. The business had revenue of $10.11 million for the quarter, compared to analysts’ expectations of $10.00 million. During the same period last year, the business earned ($0.10) EPS. The company’s revenue was down 53.4% compared to the same quarter last year. Navitas Semiconductor has set its Q4 2025 guidance at EPS. Analysts expect that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current year.

Insider Buying and Selling at Navitas Semiconductor

In related news, CFO Todd Glickman sold 96,313 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 891,268 shares of the company’s stock, valued at approximately $9,411,790.08. This represents a 9.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Brian Long sold 750,000 shares of Navitas Semiconductor stock in a transaction dated 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 completion of the sale, the director owned 2,670,991 shares in the company, valued at approximately $15,598,587.44. This trade represents a 21.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,801,909 shares of company stock valued at $17,113,398. 29.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Navitas Semiconductor

Several institutional investors have recently made changes to their positions in NVTS. Cornerstone Investment Partners LLC acquired a new position in Navitas Semiconductor in the second quarter valued at about $461,000. Hsbc Holdings PLC raised its stake in shares of Navitas Semiconductor by 980.4% in the 1st quarter. Hsbc Holdings PLC now owns 158,566 shares of the company’s stock valued at $323,000 after acquiring an additional 143,890 shares during the period. SCS Capital Management LLC purchased a new stake in shares of Navitas Semiconductor in the 1st quarter valued at approximately $567,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Navitas Semiconductor in the 2nd quarter worth approximately $273,000. Finally, Vanguard Group Inc. boosted its position in shares of Navitas Semiconductor by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 9,997,486 shares of the company’s stock worth $20,495,000 after purchasing an additional 123,598 shares during the period. 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.