Ballentine Partners LLC Makes New $86,000 Investment in Navitas Semiconductor Corporation $NVTS

Ballentine Partners LLC bought a new position in shares of Navitas Semiconductor Corporation (NASDAQ:NVTS) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 13,195 shares of the company’s stock, valued at approximately $86,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NVTS. BNP Paribas Financial Markets acquired a new position in Navitas Semiconductor during the 4th quarter worth $52,000. Millennium Management LLC acquired a new position in Navitas Semiconductor during the 4th quarter worth $52,000. ProShare Advisors LLC lifted its position in Navitas Semiconductor by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 35,532 shares of the company’s stock worth $127,000 after acquiring an additional 11,692 shares during the last quarter. Squarepoint Ops LLC acquired a new position in shares of Navitas Semiconductor during the fourth quarter valued at about $94,000. Finally, 180 Wealth Advisors LLC raised its position in shares of Navitas Semiconductor by 7.6% during the first quarter. 180 Wealth Advisors LLC now owns 97,602 shares of the company’s stock valued at $200,000 after buying an additional 6,920 shares during the last quarter. Institutional investors and hedge funds own 46.14% of the company’s stock.

Insider Activity

In other news, Director Ranbir Singh acquired 18,645,603 shares of the firm’s stock in a transaction on Monday, July 28th. The shares were purchased at an average cost of $8.79 per share, with a total value of $163,894,850.37. Following the completion of the purchase, the director owned 18,645,603 shares of the company’s stock, valued at $163,894,850.37. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brian Long sold 500,000 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were 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. This trade represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,705,596 shares of company stock worth $16,096,333 over the last ninety days. Insiders own 29.90% of the company’s stock.

Analyst Upgrades and Downgrades

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

Navitas Semiconductor Trading Up 0.4%

Shares of Navitas Semiconductor stock opened at $7.22 on Wednesday. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of -11.11 and a beta of 3.00. Navitas Semiconductor Corporation has a 1-year low of $1.52 and a 1-year high of $9.48. The firm’s 50-day moving average price is $6.71 and its two-hundred day moving average price is $5.01.

Navitas Semiconductor (NASDAQ:NVTS) last issued its quarterly earnings data on Monday, August 4th. The company reported ($0.05) earnings per share 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 period in the prior year, the firm earned ($0.07) earnings per share. Navitas Semiconductor has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Navitas Semiconductor Corporation will post -0.51 EPS for the current year.

Navitas Semiconductor Company Profile

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.