Navitas Semiconductor (NASDAQ:NVTS) Stock Price Down 5.7% on Analyst Downgrade

Navitas Semiconductor Corporation (NASDAQ:NVTS)’s stock price traded down 5.7% during trading on Wednesday after Rosenblatt Securities lowered their price target on the stock from $12.00 to $8.00. Rosenblatt Securities currently has a neutral rating on the stock. Navitas Semiconductor traded as low as $9.62 and last traded at $9.86. 28,711,079 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 26,741,563 shares. The stock had previously closed at $10.46.

Several other equities research analysts also recently issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $8.00 price target on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Jefferies Financial Group raised shares of Navitas Semiconductor to a “hold” rating in a research report on Tuesday, October 28th. Craig Hallum cut shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. 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 research report on Monday, August 18th. Finally, Morgan Stanley set a $4.40 price objective on shares of Navitas Semiconductor in a research report on Tuesday, August 5th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Navitas Semiconductor has a consensus rating of “Hold” and an average target price of $6.48.

Insider Activity at Navitas Semiconductor

In other news, Director Brian Long sold 750,000 shares of the stock in a transaction dated 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 approximately $15,598,587.44. This trade represents a 21.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 2,705,596 shares of company stock worth $16,096,333 over the last quarter. Company insiders own 29.90% of the company’s stock.

Institutional Investors Weigh In On Navitas Semiconductor

A number of institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC grew its position in Navitas Semiconductor by 980.4% in the first quarter. Hsbc Holdings PLC now owns 158,566 shares of the company’s stock worth $323,000 after buying an additional 143,890 shares during the last quarter. SCS Capital Management LLC acquired a new stake in shares of Navitas Semiconductor during the first quarter valued at approximately $567,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Navitas Semiconductor during the second quarter valued at approximately $273,000. Vanguard Group Inc. raised its holdings in shares of Navitas Semiconductor by 1.3% during the first quarter. Vanguard Group Inc. now owns 9,997,486 shares of the company’s stock valued at $20,495,000 after acquiring an additional 123,598 shares during the period. Finally, Redwood Wealth Management Group LLC purchased a new position in Navitas Semiconductor during the 2nd quarter worth approximately $295,000. Institutional investors own 46.14% of the company’s stock.

Navitas Semiconductor Trading Down 5.7%

The stock has a market capitalization of $2.10 billion, a PE ratio of -15.41 and a beta of 3.10. The firm’s 50-day simple moving average is $9.00 and its two-hundred day simple moving average is $6.77.

Navitas Semiconductor (NASDAQ:NVTS) last posted its quarterly earnings data on Monday, November 3rd. The company reported ($0.05) earnings per share for the quarter, hitting the consensus estimate of ($0.05). Navitas Semiconductor had a negative net margin of 220.85% and a negative return on equity of 14.98%. The firm had revenue of $10.11 million for the quarter, compared to analysts’ expectations of $10.00 million. During the same period in the previous year, the company posted ($0.10) EPS. 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. As a group, research analysts expect that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current year.

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.