Nisa Investment Advisors LLC Raises Stock Holdings in Navitas Semiconductor Corporation $NVTS

Nisa Investment Advisors LLC raised its position in shares of Navitas Semiconductor Corporation (NASDAQ:NVTS) by 121.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,614 shares of the company’s stock after purchasing an additional 6,377 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Navitas Semiconductor were worth $76,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hsbc Holdings PLC increased its holdings in Navitas Semiconductor by 980.4% in the 1st quarter. Hsbc Holdings PLC now owns 158,566 shares of the company’s stock worth $323,000 after buying an additional 143,890 shares during the period. SCS Capital Management LLC acquired a new stake in Navitas Semiconductor during the 1st quarter valued at approximately $567,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Navitas Semiconductor in the 2nd quarter valued at $273,000. Vanguard Group Inc. increased its stake in shares of Navitas Semiconductor by 1.3% in the first quarter. Vanguard Group Inc. now owns 9,997,486 shares of the company’s stock worth $20,495,000 after acquiring an additional 123,598 shares during the period. Finally, American Century Companies Inc. raised its holdings in shares of Navitas Semiconductor by 650.6% during the first quarter. American Century Companies Inc. now owns 117,873 shares of the company’s stock worth $242,000 after purchasing an additional 102,169 shares during the last quarter. 46.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Todd Glickman sold 96,313 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 891,268 shares in the company, valued at $9,411,790.08. This trade represents a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Brian Long sold 500,000 shares of Navitas Semiconductor stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $6.11, for a total value of $3,055,000.00. Following the completion of the sale, the director directly owned 1,715,395 shares in the company, valued at $10,481,063.45. This represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 2,801,909 shares of company stock worth $17,113,398. 29.90% of the stock is currently owned by insiders.

Navitas Semiconductor Stock Performance

Shares of NASDAQ NVTS opened at $9.86 on Thursday. The firm has a fifty day moving average of $9.07 and a 200 day moving average of $6.79. The firm has a market cap of $2.10 billion, a PE ratio of -15.41 and a beta of 3.10. Navitas Semiconductor Corporation has a one year low of $1.52 and a one year high of $17.79.

Navitas Semiconductor (NASDAQ:NVTS) last posted its quarterly earnings data on Monday, November 3rd. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.05). The business had revenue of $10.11 million for the quarter, compared to the consensus estimate of $10.00 million. Navitas Semiconductor had a negative net margin of 220.85% and a negative return on equity of 14.86%. The company’s revenue was down 53.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.10) earnings per share. Navitas Semiconductor has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Navitas Semiconductor Corporation will post -0.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NVTS has been the topic of several recent research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Navitas Semiconductor in a report on Wednesday, October 8th. Craig Hallum downgraded Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a research note on Tuesday, August 5th. Needham & Company LLC raised their target price on Navitas Semiconductor from $8.00 to $13.00 and gave the stock a “buy” rating in a report on Tuesday. Jefferies Financial Group raised Navitas Semiconductor to a “hold” rating in a report on Tuesday, October 28th. Finally, Morgan Stanley set a $4.40 price objective on Navitas Semiconductor in a research report on Tuesday, August 5th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Navitas Semiconductor currently has an average rating of “Hold” and a consensus target price of $6.48.

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.