Navitas Semiconductor (NASDAQ:NVTS) Shares Gap Up – What’s Next?

Navitas Semiconductor Corporation (NASDAQ:NVTS)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $6.08, but opened at $6.35. Navitas Semiconductor shares last traded at $6.26, with a volume of 7,897,035 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NVTS. Morgan Stanley set a $4.40 target price on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. Rosenblatt Securities reaffirmed a “buy” rating and set a $8.00 price target on shares of Navitas Semiconductor in a report on Tuesday, August 26th. Deutsche Bank Aktiengesellschaft lowered shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $3.50 price target for the company. in a report on Tuesday, June 17th. Craig Hallum lowered shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a report on Tuesday, August 5th. Finally, CJS Securities lowered shares of Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a report on Monday, August 18th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Navitas Semiconductor presently has a consensus rating of “Hold” and an average target price of $5.65.

Navitas Semiconductor Stock Performance

The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of -9.49 and a beta of 3.00. The company’s fifty day simple moving average is $6.69 and its two-hundred day simple moving average is $4.65.

Navitas Semiconductor (NASDAQ:NVTS) last posted its quarterly earnings results 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 net margin of 182.63% and a negative return on equity of 18.16%. The business had revenue of $14.49 million during the quarter, compared to analyst estimates of $14.43 million. During the same period in the previous year, the business posted ($0.07) EPS. The company’s quarterly revenue was down 29.2% on a year-over-year basis. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Navitas Semiconductor Corporation will post -0.51 EPS for the current year.

Insider Activity

In other news, 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 value of $4,380,000.00. Following the completion of the transaction, the director directly owned 2,670,991 shares of the company’s stock, valued at approximately $15,598,587.44. The trade was a 21.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Ranbir Singh purchased 18,645,603 shares of the firm’s stock in a transaction dated Monday, July 28th. The stock was acquired at an average cost of $8.79 per share, with a total value of $163,894,850.37. Following the completion of the acquisition, the director directly owned 18,645,603 shares in the company, valued at approximately $163,894,850.37. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 1,750,000 shares of company stock valued at $10,284,977 over the last ninety days. Company insiders own 29.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Cranbrook Wealth Management LLC bought a new stake in Navitas Semiconductor in the 2nd quarter valued at about $25,000. Simplicity Wealth LLC acquired a new position in Navitas Semiconductor during the 1st quarter valued at about $26,000. Larson Financial Group LLC acquired a new position in Navitas Semiconductor during the 1st quarter valued at about $28,000. NewEdge Advisors LLC boosted its stake in Navitas Semiconductor by 189.8% during the 2nd quarter. NewEdge Advisors LLC now owns 4,492 shares of the company’s stock valued at $29,000 after purchasing an additional 2,942 shares during the period. Finally, Benjamin Edwards Inc. acquired a new position in Navitas Semiconductor during the 1st quarter valued at about $31,000. 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.