Navitas Semiconductor (NASDAQ:NVTS) Shares Down 6.7% on Insider Selling

Posted by George Bondi on May 29th, 2026

Navitas Semiconductor Corporation (NASDAQ:NVTS – Get Free Report)’s share price traded down 6.7% on Friday following insider selling activity. The stock traded as low as $26.08 and last traded at $26.60. 22,942,319 shares changed hands during trading, a decline of 18% from the average session volume of 28,053,482 shares. The stock had previously closed at $28.51.

Specifically, Director Richard J. Hendrix sold 110,165 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $28.96, for a total transaction of $3,190,378.40. Following the transaction, the director owned 101,709 shares of the company’s stock, valued at $2,945,492.64. This represents a 52.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard J. Hendrix sold 33,649 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $29.66, for a total value of $998,029.34. Following the transaction, the director directly owned 33,855 shares in the company, valued at $1,004,139.30. This represents a 49.85% decrease in their position. The disclosure for this sale is available in the SEC filing. In other news, Director Gary Kent Wunderlich, Jr. sold 35,165 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $28.14, for a total transaction of $989,543.10. Following the transaction, the director owned 2,375,060 shares of the company’s stock, valued at $66,834,188.40. This represents a 1.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Morgan Stanley reaffirmed an “underweight” rating and set a $13.70 price target on shares of Navitas Semiconductor in a research report on Wednesday, May 6th. Wall Street Zen upgraded Navitas Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Robert W. Baird boosted their price objective on Navitas Semiconductor from $9.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Needham & Company LLC boosted their price objective on Navitas Semiconductor from $13.00 to $21.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Rosenblatt Securities boosted their price objective on Navitas Semiconductor from $7.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Two research 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’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $12.87.

Read Our Latest Research Report on NVTS

Navitas Semiconductor Stock Performance

The company has a market capitalization of $6.22 billion, a P/E ratio of -42.22 and a beta of 3.62. The business has a 50 day moving average of $15.46 and a 200-day moving average of $11.15.

Navitas Semiconductor (NASDAQ:NVTS – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. The business had revenue of $8.60 million for the quarter, compared to analyst estimates of $8.22 million. Navitas Semiconductor had a negative return on equity of 14.30% and a negative net margin of 330.67%.The company’s quarterly revenue was down 38.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.06) EPS. As a group, equities analysts forecast that Navitas Semiconductor Corporation will post -0.39 EPS for the current fiscal year.

Hedge Funds Weigh In On Navitas Semiconductor

A number of institutional investors have recently added to or reduced their stakes in NVTS. Allworth Financial LP increased its stake in Navitas Semiconductor by 309.4% in the 3rd quarter. Allworth Financial LP now owns 3,570 shares of the company’s stock worth $26,000 after acquiring an additional 2,698 shares during the last quarter. NewEdge Advisors LLC increased its stake in Navitas Semiconductor by 189.8% in the 2nd quarter. NewEdge Advisors LLC now owns 4,492 shares of the company’s stock worth $29,000 after acquiring an additional 2,942 shares during the last quarter. GAMMA Investing LLC increased its stake in Navitas Semiconductor by 116.5% in the 4th quarter. GAMMA Investing LLC now owns 4,736 shares of the company’s stock worth $34,000 after acquiring an additional 2,548 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Navitas Semiconductor by 3,200.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,125 shares of the company’s stock worth $36,000 after acquiring an additional 4,000 shares during the last quarter. Finally, State of Wyoming increased its stake in Navitas Semiconductor by 92.8% in the 1st quarter. State of Wyoming now owns 4,803 shares of the company’s stock worth $42,000 after acquiring an additional 2,312 shares during the last quarter. 46.14% of the stock is currently owned by institutional investors.

Navitas Semiconductor Company Profile

(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.