Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) CFO Todd Glickman sold 98,152 shares of the business's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $10.78, for a total value of $1,058,078.56. Following the transaction, the chief financial officer directly owned 735,231 shares in the company, valued at $7,925,790.18. The trade was a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Todd Glickman also recently made the following trade(s):
- On Thursday, February 26th, Todd Glickman sold 12,532 shares of Navitas Semiconductor stock. The shares were sold at an average price of $9.82, for a total value of $123,064.24.
Navitas Semiconductor Price Performance
Shares of Navitas Semiconductor stock opened at $9.82 on Wednesday. The business has a fifty day simple moving average of $9.29 and a two-hundred day simple moving average of $8.94. Navitas Semiconductor Corporation has a 1 year low of $1.52 and a 1 year high of $17.79. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of -17.23 and a beta of 3.16.
Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The company reported ($0.05) earnings per share for the quarter, meeting the consensus estimate of ($0.05). The company had revenue of $7.30 million for the quarter, compared to analyst estimates of $6.95 million. Navitas Semiconductor had a negative net margin of 254.71% and a negative return on equity of 14.52%. The company's revenue was down 59.4% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.06) earnings per share. As a group, equities analysts anticipate that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current fiscal year.
Key Headlines Impacting Navitas Semiconductor
Here are the key news stories impacting Navitas Semiconductor this week:
- Positive Sentiment: Navitas is publicly demoing a new GaNFast DC‑DC power conversion platform (including an 800V→6V power‑delivery board) aimed at next‑gen AI data‑center power architectures — a tangible commercial push into higher‑value, high‑voltage server power. Navitas Debuts Revolutionary 800 V–6 V Power Delivery Board at NVIDIA GTC 2026
- Positive Sentiment: Navitas highlights ecosystem traction: its GaN tech is used in a 250 kW solid‑state transformer with EPFL and the company is showcasing platform demos at NVIDIA GTC and APEC — evidence of partner engagement that could drive future design wins. Navitas GaNFast Power Platform Puts AI Data Center Uses In Focus
- Positive Sentiment: Navitas recently launched 5th‑generation GeneSiC SiC MOSFETs aimed at AI data centers and energy infrastructure — another product line that, if adopted, could expand addressable market and revenue mix. Stock Market Today: Navitas Rises After Launching New SiC Power Chips
- Neutral Sentiment: Analysts have slightly trimmed fair‑value estimates (e.g., from $8.28 to $8.15), reflecting a modest valuation reset and mixed views on near‑term growth; this is cautionary but not a large downgrade. How The Navitas Semiconductor (NVTS) Story Is Shifting
- Neutral Sentiment: Macro/market flows (e.g., AI‑driven leveraged ETF performance) can amplify moves in NVTS; sector rotation and ETF activity have supported prior gains but also increase volatility. Best-Performing Leveraged ETFs of Last Week
- Negative Sentiment: Insider selling: CFO Todd Glickman sold ~98,152 shares at about $10.78, reducing his stake ~11.8% — a high‑profile sale that likely contributed to near‑term selling pressure and investor concern. SEC Filing: Insider Sale
Analysts Set New Price Targets
Several brokerages have issued reports on NVTS. Weiss Ratings restated a "sell (d-)" rating on shares of Navitas Semiconductor in a research report on Thursday, January 22nd. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $7.00 target price on shares of Navitas Semiconductor in a research report on Thursday, March 12th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus target price of $6.78.
Get Our Latest Analysis on Navitas Semiconductor
Institutional Investors Weigh In On Navitas Semiconductor
Hedge funds and other institutional investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. boosted its position in shares of Navitas Semiconductor by 1,438.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 53,834 shares of the company's stock valued at $384,000 after acquiring an additional 50,334 shares during the period. Virtu Financial LLC increased its position in Navitas Semiconductor by 156.2% during the fourth quarter. Virtu Financial LLC now owns 128,615 shares of the company's stock worth $918,000 after acquiring an additional 78,409 shares during the period. Invesco Ltd. increased its position in Navitas Semiconductor by 257.8% during the fourth quarter. Invesco Ltd. now owns 4,737,624 shares of the company's stock worth $33,827,000 after acquiring an additional 3,413,394 shares during the period. NewEdge Advisors LLC raised its stake in Navitas Semiconductor by 30.7% in the 4th quarter. NewEdge Advisors LLC now owns 28,533 shares of the company's stock worth $204,000 after purchasing an additional 6,709 shares in the last quarter. Finally, VARCOV Co. acquired a new stake in Navitas Semiconductor in the 4th quarter worth about $589,000. Institutional investors and hedge funds own 46.14% of the company's stock.
Navitas Semiconductor Company Profile
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Get Free Report)
Navitas Semiconductor is a fabless semiconductor company specialized in gallium nitride (GaN) power integrated circuits. The company’s core mission centers on delivering high-efficiency, high-power-density power solutions that address the needs of modern electronic devices, ranging from fast chargers for consumer electronics to industrial and automotive power systems.
Navitas offers a portfolio of GaNFast power ICs designed to replace traditional silicon-based power components. These products integrate GaN transistors, drivers and protection features into single-chip solutions, enabling faster charging, reduced energy loss and smaller power supply footprints.
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