Navitas Semiconductor (NASDAQ:NVTS) Stock Price Up 5.3% – Here’s Why

Posted by Francis Steltz on Jun 12th, 2026

Navitas Semiconductor Corporation (NASDAQ:NVTS – Get Free Report)’s stock price shot up 5.3% during mid-day trading on Friday . The company traded as high as $24.59 and last traded at $23.39. 28,666,000 shares were traded during mid-day trading, a decline of 1% from the average session volume of 29,075,619 shares. The stock had previously closed at $22.21.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wall Street Zen raised Navitas Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Robert W. Baird increased their price target on Navitas Semiconductor from $9.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Needham & Company LLC increased their target price on Navitas Semiconductor from $13.00 to $21.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Rosenblatt Securities raised their target price on Navitas Semiconductor from $7.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Morgan Stanley reissued an “underweight” rating and set a $13.70 price target on shares of Navitas Semiconductor in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $12.87.

View Our Latest Research Report on NVTS

Navitas Semiconductor Stock Up 5.3%

The business’s 50 day moving average is $18.76 and its two-hundred day moving average is $12.37. The firm has a market capitalization of $5.47 billion, a P/E ratio of -37.13 and a beta of 3.75.

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

Insider Buying and Selling

In other Navitas Semiconductor news, Director Richard J. Hendrix sold 110,165 shares of Navitas Semiconductor stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.96, for a total transaction of $3,190,378.40. Following the completion of the sale, the director owned 101,709 shares of the company’s stock, valued at $2,945,492.64. This trade represents a 52.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Chris Allexandre sold 13,323 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $31.81, for a total value of $423,804.63. Following the sale, the chief executive officer owned 1,072,633 shares of the company’s stock, valued at approximately $34,120,455.73. This represents a 1.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 4,087,630 shares of company stock valued at $117,414,466. 12.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Navitas Semiconductor

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. DNB Asset Management AS bought a new position in Navitas Semiconductor during the fourth quarter valued at about $774,000. UBS Group AG increased its holdings in shares of Navitas Semiconductor by 131.0% during the 4th quarter. UBS Group AG now owns 3,307,036 shares of the company’s stock valued at $23,612,000 after acquiring an additional 1,875,228 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in shares of Navitas Semiconductor during the 3rd quarter valued at about $960,000. Newbridge Financial Services Group Inc. raised its stake in shares of Navitas Semiconductor by 1,425.5% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 132,874 shares of the company’s stock valued at $949,000 after acquiring an additional 124,164 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Navitas Semiconductor in the fourth quarter worth $484,000. 46.14% of the stock is owned by hedge funds and other 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.