Navitas Semiconductor (NASDAQ:NVTS) Trading Down 11.3% – Time to Sell?

Navitas Semiconductor Corporation (NASDAQ:NVTS)’s stock price traded down 11.3% during trading on Friday . The stock traded as low as $7.18 and last traded at $7.84. 48,668,835 shares changed hands during trading, an increase of 81% from the average session volume of 26,836,775 shares. The stock had previously closed at $8.84.

Wall Street Analysts Forecast Growth

NVTS has been the topic of several research reports. CJS Securities lowered Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a report on Monday, August 18th. Craig Hallum downgraded Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a research note on Tuesday, August 5th. Rosenblatt Securities cut their price target on Navitas Semiconductor from $12.00 to $8.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 4th. Morgan Stanley set a $4.40 price objective on Navitas Semiconductor in a research note on Tuesday, August 5th. Finally, Needham & Company LLC raised their target price on shares of Navitas Semiconductor from $8.00 to $13.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $6.48.

Navitas Semiconductor Stock Performance

The business has a 50-day simple moving average of $9.17 and a two-hundred day simple moving average of $6.88. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of -12.25 and a beta of 3.10.

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

Insider Activity

In other Navitas Semiconductor 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 transaction, the chief financial officer owned 891,268 shares in the company, valued at approximately $9,411,790.08. The trade was a 9.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Brian Long sold 500,000 shares of the 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 transaction, the director directly owned 1,715,395 shares of the company’s stock, valued at approximately $10,481,063.45. This trade represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,801,909 shares of company stock worth $17,113,398. Insiders own 29.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Cranbrook Wealth Management LLC purchased a new stake in shares of Navitas Semiconductor during the 2nd quarter worth $25,000. Larson Financial Group LLC acquired a new stake in shares of Navitas Semiconductor in the first quarter valued at about $28,000. NewEdge Advisors LLC boosted its holdings in Navitas Semiconductor by 189.8% during the second quarter. NewEdge Advisors LLC now owns 4,492 shares of the company’s stock worth $29,000 after buying an additional 2,942 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in Navitas Semiconductor during the first quarter worth about $31,000. Finally, ST Germain D J Co. Inc. acquired a new position in Navitas Semiconductor during the second quarter worth about $33,000. Institutional investors and hedge funds own 46.14% of the company’s stock.

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.