Voya Investment Management LLC Decreases Stake in Navitas Semiconductor Corporation $NVTS

Voya Investment Management LLC reduced its position in Navitas Semiconductor Corporation (NASDAQ:NVTS) by 10.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,004 shares of the company’s stock after selling 4,061 shares during the period. Voya Investment Management LLC’s holdings in Navitas Semiconductor were worth $74,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of NVTS. Invesco Ltd. lifted its position in shares of Navitas Semiconductor by 22.2% during the first quarter. Invesco Ltd. now owns 1,829,803 shares of the company’s stock worth $3,751,000 after purchasing an additional 331,832 shares during the last quarter. Nuveen LLC bought a new position in shares of Navitas Semiconductor during the first quarter worth about $675,000. SCS Capital Management LLC bought a new position in shares of Navitas Semiconductor during the first quarter worth about $567,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Navitas Semiconductor during the first quarter worth about $410,000. Finally, Hsbc Holdings PLC lifted its position in shares of Navitas Semiconductor by 980.4% during the first quarter. Hsbc Holdings PLC now owns 158,566 shares of the company’s stock worth $323,000 after purchasing an additional 143,890 shares during the last quarter. Institutional investors own 46.14% of the company’s stock.

Insider Activity at Navitas Semiconductor

In other Navitas Semiconductor news, Director Brian Long sold 500,000 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $6.11, for a total value of $3,055,000.00. Following the sale, the director owned 1,715,395 shares in the company, valued at approximately $10,481,063.45. This trade represents a 22.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ranbir Singh purchased 18,645,603 shares of the company’s stock in a transaction on Monday, July 28th. The stock was purchased at an average price of $8.79 per share, for a total transaction of $163,894,850.37. Following the purchase, the director directly owned 18,645,603 shares of the company’s stock, valued at $163,894,850.37. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold 2,705,596 shares of company stock worth $16,096,333 in the last 90 days. 29.90% of the stock is owned by company insiders.

Navitas Semiconductor Trading Up 1.1%

Shares of NASDAQ:NVTS opened at $7.30 on Thursday. The firm’s 50 day moving average is $6.68 and its two-hundred day moving average is $5.02. Navitas Semiconductor Corporation has a 52 week low of $1.52 and a 52 week high of $9.48. The firm has a market capitalization of $1.56 billion, a P/E ratio of -11.23 and a beta of 3.03.

Navitas Semiconductor (NASDAQ:NVTS) last announced 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 company had revenue of $14.49 million for the quarter, compared to analyst estimates of $14.43 million. During the same quarter last year, the business earned ($0.07) earnings per share. Navitas Semiconductor’s revenue was down 29.2% compared to the same quarter last year. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Analysts predict that Navitas Semiconductor Corporation will post -0.51 EPS for the current year.

Analyst Ratings Changes

NVTS has been the topic of several research analyst reports. Craig Hallum cut shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a research report on Tuesday, August 5th. CJS Securities cut shares of Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a research report on Monday, August 18th. Morgan Stanley set a $4.40 target price on shares of Navitas Semiconductor in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft cut shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $3.50 target price on the stock. in a report on Tuesday, June 17th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $8.00 target price on shares of Navitas Semiconductor in a report on Tuesday, August 26th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $5.65.

Navitas Semiconductor 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.