Navitas Semiconductor Corporation (NASDAQ:NVTS) Given Consensus Recommendation of “Hold” by Brokerages

Navitas Semiconductor Corporation (NASDAQ:NVTS) has been assigned an average rating of “Hold” from the nine analysts that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $6.4833.

A number of equities research analysts recently commented on NVTS shares. Morgan Stanley set a $4.40 price objective on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. Jefferies Financial Group upgraded shares of Navitas Semiconductor to a “hold” rating in a research report on Tuesday, October 28th. Weiss Ratings restated a “sell (d-)” rating on shares of Navitas Semiconductor in a research report on Wednesday, October 8th. CJS Securities cut Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a report on Monday, August 18th. Finally, Craig Hallum downgraded Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a research report on Tuesday, August 5th.

Navitas Semiconductor Price Performance

NVTS opened at $7.56 on Friday. Navitas Semiconductor has a 1-year low of $1.52 and a 1-year high of $17.79. The stock has a market cap of $1.62 billion, a P/E ratio of -11.81 and a beta of 3.10. The stock’s 50 day simple moving average is $9.65 and its 200 day simple moving average is $7.28.

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

Insider Transactions at Navitas Semiconductor

In other news, Director Brian Long sold 500,000 shares of Navitas Semiconductor stock in a transaction dated 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 completion of 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Todd Glickman sold 96,313 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $10.56, for a total transaction of $1,017,065.28. Following the completion of the transaction, the chief financial officer directly owned 891,268 shares of the company’s stock, valued at approximately $9,411,790.08. This represents a 9.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,802,254 shares of company stock valued at $17,115,955. 29.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. CWM LLC boosted its holdings in shares of Navitas Semiconductor by 24.7% during the third quarter. CWM LLC now owns 4,515 shares of the company’s stock worth $33,000 after purchasing an additional 893 shares during the last quarter. Strategic Blueprint LLC lifted its position in Navitas Semiconductor by 6.5% during the third quarter. Strategic Blueprint LLC now owns 15,426 shares of the company’s stock worth $111,000 after buying an additional 937 shares during the period. Prospera Financial Services Inc boosted its stake in Navitas Semiconductor by 3.8% in the 3rd quarter. Prospera Financial Services Inc now owns 30,285 shares of the company’s stock worth $219,000 after buying an additional 1,120 shares during the last quarter. Captrust Financial Advisors grew its holdings in Navitas Semiconductor by 3.8% in the 2nd quarter. Captrust Financial Advisors now owns 45,758 shares of the company’s stock valued at $300,000 after buying an additional 1,667 shares during the period. Finally, Ameritas Investment Partners Inc. increased its stake in shares of Navitas Semiconductor by 20.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,678 shares of the company’s stock valued at $90,000 after acquiring an additional 2,352 shares during the last quarter. 46.14% of the stock is currently owned by institutional investors and hedge funds.

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.