Navitas Semiconductor (NASDAQ:NVTS) Stock Price Up 17.2% – Still a Buy?

Navitas Semiconductor Corporation (NASDAQ:NVTS)’s share price traded up 17.2% during mid-day trading on Monday . The company traded as high as $9.05 and last traded at $9.19. 10,646,706 shares traded hands during trading, a decline of 60% from the average session volume of 26,747,389 shares. The stock had previously closed at $7.84.

Analyst Upgrades and Downgrades

NVTS has been the topic of several analyst reports. 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 report on Tuesday, August 5th. Jefferies Financial Group upgraded shares of Navitas Semiconductor to a “hold” rating in a report on Tuesday, October 28th. Needham & Company LLC increased their target price on Navitas Semiconductor from $8.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Morgan Stanley set a $4.40 price target on shares of Navitas Semiconductor in a research report on Tuesday, August 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Navitas Semiconductor in a research note on Wednesday, October 8th. Two equities research 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 MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $6.48.

Navitas Semiconductor Price Performance

The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of -15.13 and a beta of 3.10. The stock has a 50-day moving average of $9.17 and a 200 day moving average of $6.92.

Navitas Semiconductor (NASDAQ:NVTS) last released its quarterly earnings data on Monday, November 3rd. The company reported ($0.05) EPS for the quarter, meeting analysts’ consensus estimates 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 the consensus estimate of $10.00 million. During the same quarter in the prior year, the company posted ($0.10) earnings per share. The firm’s revenue was down 53.4% on a year-over-year basis. Navitas Semiconductor has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Brian Long sold 500,000 shares of the stock in a transaction 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 sale, the director owned 1,715,395 shares in the company, valued at approximately $10,481,063.45. This represents a 22.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Todd Glickman sold 96,313 shares of the stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $10.56, for a total value 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. This trade represents a 9.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,801,909 shares of company stock worth $17,113,398 over the last quarter. 29.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Cornerstone Investment Partners LLC purchased a new stake in shares of Navitas Semiconductor in the second quarter worth approximately $461,000. Hsbc Holdings PLC boosted its position in Navitas Semiconductor by 980.4% during the first 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 period. SCS Capital Management LLC purchased a new position in Navitas Semiconductor in the 1st quarter valued at approximately $567,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Navitas Semiconductor during the second quarter valued at about $273,000. Finally, Vanguard Group Inc. grew its position in Navitas Semiconductor by 1.3% during the first 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 in the last quarter. 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.