Diversified Trust Co Sells 2,188 Shares of Navitas Semiconductor Corporation $NVTS

Diversified Trust Co lowered its position in shares of Navitas Semiconductor Corporation (NASDAQ:NVTS) by 8.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,111 shares of the company’s stock after selling 2,188 shares during the quarter. Diversified Trust Co’s holdings in Navitas Semiconductor were worth $164,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in NVTS. Bank of America Corp DE boosted its position in shares of Navitas Semiconductor by 180.5% during the 4th quarter. Bank of America Corp DE now owns 1,234,375 shares of the company’s stock valued at $4,407,000 after purchasing an additional 794,371 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Navitas Semiconductor by 22.2% during the 1st quarter. Invesco Ltd. now owns 1,829,803 shares of the company’s stock worth $3,751,000 after buying an additional 331,832 shares in the last quarter. Nuveen LLC bought a new position in Navitas Semiconductor during the first quarter worth $675,000. SCS Capital Management LLC bought a new position in Navitas Semiconductor during the first quarter worth $567,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Navitas Semiconductor during the first quarter worth $410,000. Institutional investors own 46.14% of the company’s stock.

Navitas Semiconductor Price Performance

NVTS opened at $6.86 on Thursday. Navitas Semiconductor Corporation has a fifty-two week low of $1.52 and a fifty-two week high of $9.48. The company’s 50-day moving average is $6.76 and its 200 day moving average is $4.87. The firm has a market capitalization of $1.46 billion, a P/E ratio of -10.55 and a beta of 3.00.

Navitas Semiconductor (NASDAQ:NVTS) last posted its earnings results on Monday, August 4th. The company reported ($0.05) EPS for the quarter, hitting the consensus estimate of ($0.05). The firm had revenue of $14.49 million for the quarter, compared to analysts’ expectations of $14.43 million. Navitas Semiconductor had a negative net margin of 182.63% and a negative return on equity of 18.16%. The company’s quarterly revenue was down 29.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.07) EPS. Navitas Semiconductor has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current year.

Wall Street Analyst Weigh In

NVTS has been the topic of a number of research analyst 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. Morgan Stanley set a $4.40 price target on Navitas Semiconductor in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft lowered Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $3.50 price target on the stock. in a report on Tuesday, June 17th. CJS Securities cut Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a report on Monday, August 18th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $5.65.

Insiders Place Their Bets

In other news, Director Brian Long sold 500,000 shares of Navitas Semiconductor stock in a transaction on Monday, September 15th. The stock was sold at an average price of $6.11, for a total transaction of $3,055,000.00. Following the sale, the director directly owned 1,715,395 shares in the company, valued at $10,481,063.45. The trade was a 22.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ranbir Singh acquired 18,645,603 shares of the stock in a transaction on Monday, July 28th. The stock was bought at an average cost of $8.79 per share, for a total transaction of $163,894,850.37. Following the transaction, the director owned 18,645,603 shares of the company’s stock, 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 have sold a total of 2,705,596 shares of company stock worth $16,096,333 over the last quarter. Company insiders own 29.90% 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.