Navitas Semiconductor (NASDAQ:NVTS) Trading Down 2.3% – Here’s What Happened

Posted by Geri Gentry on Jun 26th, 2026

Navitas Semiconductor Corporation (NASDAQ:NVTS – Get Free Report)’s share price was down 2.3% on Friday . The company traded as low as $16.80 and last traded at $17.30. 24,200,343 shares were traded during mid-day trading, a decline of 16% from the average session volume of 28,795,420 shares. The stock had previously closed at $17.70.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on NVTS shares. Needham & Company LLC upped their price objective on Navitas Semiconductor from $13.00 to $21.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Robert W. Baird upped their price objective on Navitas Semiconductor from $9.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Weiss Ratings upgraded shares of Navitas Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 17th. Rosenblatt Securities upped their price objective on shares of Navitas Semiconductor from $7.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen raised Navitas Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Navitas Semiconductor presently has an average rating of “Hold” and an average target price of $14.74.

View Our Latest Report on NVTS

Navitas Semiconductor Trading Down 2.3%

The company has a 50-day moving average of $21.34 and a 200-day moving average of $13.31. The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of -27.46 and a beta of 3.75.

Navitas Semiconductor (NASDAQ:NVTS – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.01. Navitas Semiconductor had a negative return on equity of 14.30% and a negative net margin of 330.67%.The firm had revenue of $8.60 million for the quarter, compared to analysts’ expectations of $8.22 million. During the same period last year, the firm earned ($0.06) EPS. The firm’s revenue was down 38.7% compared to the same quarter last year. On average, research analysts forecast that Navitas Semiconductor Corporation will post -0.39 earnings per share for the current year.

Insider Activity at Navitas Semiconductor

In related news, Director Richard J. Hendrix sold 110,165 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $28.96, for a total value of $3,190,378.40. Following the sale, the director owned 101,709 shares of the company’s stock, valued at $2,945,492.64. The trade was a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ranbir Singh sold 664,058 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $28.72, for a total value of $19,071,745.76. Following the sale, the director owned 14,943,475 shares of the company’s stock, valued at approximately $429,176,602. The trade was a 4.25% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 3,989,478 shares of company stock worth $116,356,387. Insiders own 12.40% of the company’s stock.

Hedge Funds Weigh In On Navitas Semiconductor

Large investors have recently modified their holdings of the business. American Century Companies Inc. grew its position in shares of Navitas Semiconductor by 104.8% during the 2nd quarter. American Century Companies Inc. now owns 241,450 shares of the company’s stock worth $1,581,000 after buying an additional 123,577 shares during the period. Prudential Financial Inc. bought a new position in shares of Navitas Semiconductor during the 2nd quarter valued at $120,000. New York State Common Retirement Fund raised its stake in shares of Navitas Semiconductor by 102.7% in the second quarter. New York State Common Retirement Fund now owns 40,255 shares of the company’s stock worth $264,000 after buying an additional 20,400 shares during the period. Invesco Ltd. boosted its position in shares of Navitas Semiconductor by 75.2% during the second 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 last quarter. Finally, Baird Financial Group Inc. boosted its holdings in shares of Navitas Semiconductor by 2,514.3% in the 2nd quarter. Baird Financial Group Inc. now owns 419,237 shares of the company’s stock worth $2,746,000 after purchasing an additional 403,201 shares during the period. Institutional investors own 46.14% of the company’s stock.

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.