Navitas Semiconductor (NASDAQ:NVTS) Trading Down 4.2% Following Analyst Downgrade

Shares of Navitas Semiconductor Corporation (NASDAQ:NVTS) were down 4.2% on Tuesday after CJS Securities downgraded the stock from an outperform rating to a market perform rating. The stock traded as low as $6.51 and last traded at $6.49. Approximately 3,406,884 shares changed hands during trading, a decline of 84% from the average daily volume of 21,940,541 shares. The stock had previously closed at $6.77.

Other research analysts have also recently issued research reports about the company. Needham & Company LLC raised their target price on Navitas Semiconductor from $3.00 to $8.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft cut Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $3.50 target price for the company. in a research note on Tuesday, June 17th. Rosenblatt Securities decreased their target price on Navitas Semiconductor from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Tuesday, August 5th. Morgan Stanley set a $4.40 target price on Navitas Semiconductor in a research note on Tuesday, August 5th. Finally, Craig Hallum cut Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research note on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $5.65.

Insiders Place Their Bets

In related news, Director David Moxam sold 714,199 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $6.50, for a total value of $4,642,293.50. Following the completion of the transaction, the director owned 78,649 shares in the company, valued at $511,218.50. This trade represents a 90.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Brian Long sold 2,955,509 shares of the stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $6.61, for a total value of $19,535,914.49. Following the completion of the transaction, the director owned 5,920,991 shares of the company’s stock, valued at $39,137,750.51. This trade represents a 33.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,009,600 shares of company stock worth $99,605,157 over the last three months. Company insiders own 29.90% of the company’s stock.

Institutional Investors Weigh In On Navitas Semiconductor

A number of institutional investors have recently bought and sold shares of NVTS. BNP Paribas Financial Markets boosted its position 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 acquiring an additional 1,492,512 shares during the period. Invesco Ltd. boosted its position 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 acquiring an additional 1,376,205 shares during the period. JPMorgan Chase & Co. boosted its position 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 acquiring an additional 1,350,857 shares during the period. Bank of America Corp DE boosted its position in Navitas Semiconductor by 180.5% during the 4th quarter. Bank of America Corp DE now owns 1,234,375 shares of the company’s stock worth $4,407,000 after acquiring an additional 794,371 shares during the period. Finally, FORA Capital LLC acquired a new stake in Navitas Semiconductor during the 2nd quarter worth about $3,309,000. 46.14% of the stock is currently owned by institutional investors and hedge funds.

Navitas Semiconductor Trading Down 5.0%

The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of -9.89 and a beta of 3.02. The stock has a 50-day simple moving average of $7.04 and a 200 day simple moving average of $4.28.

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

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.