Navitas Semiconductor (NASDAQ:NVTS) Trading 11.8% Higher – Still a Buy?

Navitas Semiconductor Corporation (NASDAQ:NVTS)’s share price shot up 11.8% during mid-day trading on Monday . The company traded as high as $7.54 and last traded at $7.19. 43,424,621 shares traded hands during trading, an increase of 103% from the average session volume of 21,340,750 shares. The stock had previously closed at $6.43.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NVTS. Craig Hallum cut shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research report on Tuesday, August 5th. Morgan Stanley set a $4.40 target price on shares of Navitas Semiconductor in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft lowered shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $3.50 price objective on the stock. in a report on Tuesday, June 17th. CJS Securities lowered shares of Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a report on Monday, August 18th. Finally, Needham & Company LLC reissued a “buy” rating and set a $8.00 price objective on shares of Navitas Semiconductor in a report on Tuesday, August 26th. Three investment 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. According to data from MarketBeat.com, Navitas Semiconductor has a consensus rating of “Hold” and a consensus target price of $5.65.

Navitas Semiconductor Trading Up 11.8%

The company has a market cap of $1.53 billion, a P/E ratio of -11.06 and a beta of 3.00. The firm’s 50 day moving average price is $6.76 and its 200-day moving average price is $4.96.

Navitas Semiconductor (NASDAQ:NVTS) last issued its earnings results on Monday, August 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.05). The company had revenue of $14.49 million for the quarter, compared to analyst estimates 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 revenue for the quarter was down 29.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.07) EPS. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Analysts predict that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.

Insider Activity at Navitas Semiconductor

In related news, Director Brian Long sold 750,000 shares of Navitas Semiconductor stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $5.84, for a total transaction of $4,380,000.00. Following the transaction, the director owned 2,670,991 shares of the company’s stock, valued at $15,598,587.44. This trade represents a 21.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ranbir Singh acquired 18,645,603 shares of Navitas Semiconductor stock in a transaction that occurred on Monday, July 28th. The shares were purchased at an average cost 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 in the company, valued at $163,894,850.37. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 2,705,596 shares of company stock worth $16,096,333 in the last three months. 29.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of NVTS. Vanguard Group Inc. raised its holdings in Navitas Semiconductor by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 9,997,486 shares of the company’s stock worth $20,495,000 after buying an additional 123,598 shares during the period. Geode Capital Management LLC raised its holdings in Navitas Semiconductor by 3.9% during the 2nd quarter. Geode Capital Management LLC now owns 3,340,193 shares of the company’s stock worth $21,882,000 after buying an additional 124,594 shares during the period. Invesco Ltd. raised its holdings in Navitas Semiconductor by 75.2% during the 2nd quarter. Invesco Ltd. now owns 3,206,008 shares of the company’s stock worth $20,999,000 after buying an additional 1,376,205 shares during the period. BNP Paribas Financial Markets raised its holdings in Navitas Semiconductor by 1,332.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,604,538 shares of the company’s stock worth $10,510,000 after buying an additional 1,492,512 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Navitas Semiconductor by 1,742.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,428,386 shares of the company’s stock worth $9,356,000 after buying an additional 1,350,857 shares during the period. Institutional investors own 46.14% of the company’s stock.

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.