Creative Planning Grows Position in Navitas Semiconductor Corporation $NVTS

Creative Planning boosted its position in shares of Navitas Semiconductor Corporation (NASDAQ:NVTS) by 82.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,441 shares of the company’s stock after buying an additional 57,290 shares during the period. Creative Planning owned 0.07% of Navitas Semiconductor worth $828,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Cornerstone Investment Partners LLC acquired a new position in shares of Navitas Semiconductor in the 2nd quarter valued at $461,000. Hsbc Holdings PLC grew its position in Navitas Semiconductor by 980.4% during the 1st 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. Geode Capital Management LLC increased its stake in Navitas Semiconductor by 3.9% in the second quarter. Geode Capital Management LLC now owns 3,340,193 shares of the company’s stock valued at $21,882,000 after purchasing an additional 124,594 shares during the period. SCS Capital Management LLC purchased a new stake in shares of Navitas Semiconductor in the first quarter valued at about $567,000. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of Navitas Semiconductor during the second quarter worth about $273,000. 46.14% of the stock is owned by institutional investors and hedge funds.

Navitas Semiconductor Price Performance

Navitas Semiconductor stock opened at $8.30 on Tuesday. The stock’s 50 day moving average price is $9.86 and its 200 day moving average price is $7.62. Navitas Semiconductor Corporation has a 1-year low of $1.52 and a 1-year high of $17.79. The company has a market cap of $1.91 billion, a PE ratio of -12.97 and a beta of 3.14.

Navitas Semiconductor (NASDAQ:NVTS) last released 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.10) earnings per share. Navitas Semiconductor has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Navitas Semiconductor Corporation will post -0.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Craig Hallum lowered Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a report on Tuesday, August 5th. CJS Securities downgraded Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a research note on Monday, August 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Navitas Semiconductor in a research note on Wednesday, October 8th. Jefferies Financial Group raised Navitas Semiconductor to a “hold” rating in a report on Tuesday, October 28th. Finally, Rosenblatt Securities reissued a “neutral” rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a research note on Monday, November 10th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Navitas Semiconductor presently has an average rating of “Hold” and a consensus price target of $6.48.

Insider Transactions at Navitas Semiconductor

In other news, CFO Todd Glickman sold 96,313 shares of the business’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 transaction of $1,017,065.28. Following the sale, the chief financial officer owned 891,268 shares of the company’s stock, valued at $9,411,790.08. The trade was a 9.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brian Long sold 1,493,046 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $8.54, for a total value of $12,750,612.84. Following the completion of the transaction, the director directly owned 222,349 shares of the company’s stock, valued at $1,898,860.46. The trade was a 87.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 3,795,300 shares of company stock worth $26,841,567. 29.90% of the stock is owned by insiders.

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.