Apollon Wealth Management LLC Purchases New Shares in Navitas Semiconductor Corporation $NVTS

Apollon Wealth Management LLC acquired a new position in shares of Navitas Semiconductor Corporation (NASDAQ:NVTS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,925 shares of the company’s stock, valued at approximately $98,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Callan Family Office LLC bought a new stake in shares of Navitas Semiconductor in the 2nd quarter valued at about $419,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of Navitas Semiconductor in the second quarter valued at about $71,000. HighMark Wealth Management LLC acquired a new position in Navitas Semiconductor during the second quarter worth approximately $66,000. Camelot Portfolios LLC acquired a new position in Navitas Semiconductor during the second quarter worth approximately $113,000. Finally, ST Germain D J Co. Inc. acquired a new position in Navitas Semiconductor during the second quarter worth approximately $33,000. 46.14% of the stock is owned by institutional investors.

Navitas Semiconductor Stock Performance

Shares of Navitas Semiconductor stock opened at $14.66 on Monday. The firm has a 50-day moving average of $7.34 and a 200-day moving average of $5.75. The stock has a market cap of $3.12 billion, a PE ratio of -22.55 and a beta of 3.03. Navitas Semiconductor Corporation has a 52-week low of $1.52 and a 52-week high of $16.85.

Navitas Semiconductor (NASDAQ:NVTS) last announced its earnings results on Monday, August 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.05). The company had revenue of $14.49 million during the quarter, compared to analysts’ expectations of $14.43 million. Navitas Semiconductor had a negative net margin of 182.63% and a negative return on equity of 18.16%. Navitas Semiconductor’s quarterly revenue was down 29.2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.07) earnings per share. Navitas Semiconductor has set its Q3 2025 guidance at EPS. Equities research analysts predict that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on NVTS. Morgan Stanley set a $4.40 price target on Navitas Semiconductor in a research report on Tuesday, August 5th. CJS Securities cut shares of Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a report on Monday, August 18th. Needham & Company LLC restated a “buy” rating and set a $8.00 price objective on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. 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 report on Tuesday, August 5th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $8.00 target price on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $5.65.

Insider Transactions at Navitas Semiconductor

In related news, Director Ranbir Singh purchased 18,645,603 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The stock was acquired at an average price of $8.79 per share, with a total value of $163,894,850.37. Following the completion of the purchase, the director directly owned 18,645,603 shares in the company, valued at $163,894,850.37. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brian Long sold 750,000 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $5.84, for a total value of $4,380,000.00. Following the completion of the transaction, the director directly owned 2,670,991 shares of the company’s stock, valued at approximately $15,598,587.44. This trade represents a 21.92% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,705,596 shares of company stock valued at $16,096,333. 29.90% of the stock is owned by insiders.

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.