Key Points
- Brian Long sold 1,493,046 shares of Navitas Semiconductor on November 26 at an average price of $8.54 for proceeds of $12.75 million, leaving him with 222,349 shares and an 87.04% reduction in his stake.
- This transaction follows earlier September sales totaling about 2.21 million shares, bringing his disclosed sales in the period to roughly 3.70 million shares.
- Navitas trades with a market cap of about $1.91 billion, reported a 53.4% year‑over‑year revenue decline and negative earnings, and carries a consensus analyst rating of Hold with a $6.48 price target.
Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) Director Brian Long sold 1,493,046 shares of the company's stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $8.54, for a total transaction of $12,750,612.84. Following the sale, the director directly owned 222,349 shares of the company's stock, valued at $1,898,860.46. This represents a 87.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Brian Long also recently made the following trade(s):
- On Monday, September 15th, Brian Long sold 500,000 shares of Navitas Semiconductor stock. The shares were sold at an average price of $6.11, for a total transaction of $3,055,000.00.
- On Thursday, September 11th, Brian Long sold 455,596 shares of Navitas Semiconductor stock. The stock was sold at an average price of $6.05, for a total transaction of $2,756,355.80.
- On Wednesday, September 10th, Brian Long sold 750,000 shares of Navitas Semiconductor stock. The stock was sold at an average price of $5.84, for a total transaction of $4,380,000.00.
- On Tuesday, September 9th, Brian Long sold 497,700 shares of Navitas Semiconductor stock. The shares were sold at an average price of $5.76, for a total transaction of $2,866,752.00.
- On Friday, September 5th, Brian Long sold 2,300 shares of Navitas Semiconductor stock. The stock was sold at an average price of $5.75, for a total value of $13,225.00.
Navitas Semiconductor Stock Performance
Shares of NVTS stock opened at $8.30 on Tuesday. Navitas Semiconductor Corporation has a fifty-two week low of $1.52 and a fifty-two week high of $17.79. The stock's fifty day moving average price is $9.86 and its two-hundred day moving average price is $7.62. The company has a market cap of $1.91 billion, a PE ratio of -12.97 and a beta of 3.14.
Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last announced 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). The business had revenue of $10.11 million during the quarter, compared to the consensus estimate of $10.00 million. Navitas Semiconductor had a negative return on equity of 14.86% and a negative net margin of 220.85%.Navitas Semiconductor's revenue for the quarter was down 53.4% on a year-over-year basis. During the same period in the prior year, the company earned ($0.10) EPS. Navitas Semiconductor has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Navitas Semiconductor Corporation will post -0.51 EPS for the current fiscal year.
Hedge Funds Weigh In On Navitas Semiconductor
Large investors have recently modified their holdings of the business. CWM LLC lifted its holdings in shares of Navitas Semiconductor by 24.7% during the third quarter. CWM LLC now owns 4,515 shares of the company's stock worth $33,000 after purchasing an additional 893 shares during the period. Strategic Blueprint LLC lifted its holdings in Navitas Semiconductor by 6.5% during the 3rd quarter. Strategic Blueprint LLC now owns 15,426 shares of the company's stock worth $111,000 after buying an additional 937 shares during the period. Prospera Financial Services Inc grew its position in shares of Navitas Semiconductor by 3.8% in the 3rd quarter. Prospera Financial Services Inc now owns 30,285 shares of the company's stock valued at $219,000 after buying an additional 1,120 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of Navitas Semiconductor by 3.8% in the second quarter. Captrust Financial Advisors now owns 45,758 shares of the company's stock valued at $300,000 after buying an additional 1,667 shares during the period. Finally, Ameritas Investment Partners Inc. raised its position in shares of Navitas Semiconductor by 20.8% during the second quarter. Ameritas Investment Partners Inc. now owns 13,678 shares of the company's stock worth $90,000 after acquiring an additional 2,352 shares during the last quarter. Institutional investors own 46.14% of the company's stock.
Analysts Set New Price Targets
A number of research firms have recently weighed in on NVTS. Weiss Ratings restated a "sell (d-)" rating on shares of Navitas Semiconductor in a research note on Wednesday, October 8th. Jefferies Financial Group upgraded shares of Navitas Semiconductor to a "hold" rating in a research report on Tuesday, October 28th. Morgan Stanley set a $4.40 target price on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. Craig Hallum downgraded shares of Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 price target for the company. in a report on Tuesday, August 5th. Finally, CJS Securities downgraded Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a report on Monday, August 18th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned 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.
Check Out Our Latest Report on Navitas Semiconductor
About Navitas Semiconductor
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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.
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