427,322 Shares in Navitas Semiconductor Corporation $NVTS Purchased by Old West Investment Management LLC

Posted by Geri Gentry on Aug 17th, 2026

Old West Investment Management LLC acquired a new position in Navitas Semiconductor Corporation (NASDAQ:NVTS – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 427,322 shares of the company’s stock, valued at approximately $7,658,000.

Several other large investors have also modified their holdings of the business. DNB Asset Management AS purchased a new position in Navitas Semiconductor during the 4th quarter valued at $774,000. UBS Group AG increased its stake in Navitas Semiconductor by 131.0% in the fourth quarter. UBS Group AG now owns 3,307,036 shares of the company’s stock worth $23,612,000 after purchasing an additional 1,875,228 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Navitas Semiconductor by 21.8% during the first quarter. Bank of New York Mellon Corp now owns 566,465 shares of the company’s stock worth $4,968,000 after purchasing an additional 101,389 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Navitas Semiconductor during the fourth quarter worth $484,000. Finally, Integrity Alliance LLC. purchased a new stake in shares of Navitas Semiconductor during the fourth quarter valued at $280,000. Hedge funds and other institutional investors own 46.14% of the company’s stock.

Insider Buying and Selling at Navitas Semiconductor

In related news, Director Gary Kent Wunderlich, Jr. sold 73,000 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $28.11, for a total value of $2,052,030.00. Following the completion of the transaction, the director owned 13,964 shares of the company’s stock, valued at $392,528.04. The trade was a 83.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 value of $3,190,378.40. Following the sale, the director owned 101,709 shares of the company’s stock, valued at approximately $2,945,492.64. This represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,989,478 shares of company stock valued at $116,356,387 in the last ninety days. Company insiders own 12.40% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on NVTS. Rosenblatt Securities restated a “neutral” rating and issued a $13.00 price target on shares of Navitas Semiconductor in a report on Tuesday, July 28th. Robert W. Baird boosted their price objective on shares of Navitas Semiconductor from $9.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of Navitas Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Morgan Stanley reaffirmed an “underweight” rating and set a $12.60 target price on shares of Navitas Semiconductor in a research report on Tuesday, July 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $21.00 price target on shares of Navitas Semiconductor in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $15.92.

Read Our Latest Stock Analysis on Navitas Semiconductor

Navitas Semiconductor Price Performance

NASDAQ:NVTS opened at $14.45 on Monday. Navitas Semiconductor Corporation has a 1-year low of $5.44 and a 1-year high of $34.17. The company has a 50-day moving average of $15.73 and a 200 day moving average of $14.40. The firm has a market cap of $3.77 billion, a PE ratio of -10.86 and a beta of 3.87.

Navitas Semiconductor (NASDAQ:NVTS – Get Free Report) last posted its earnings results on Monday, July 27th. The company reported ($0.04) EPS for the quarter, meeting analysts’ consensus estimates of ($0.04). Navitas Semiconductor had a negative net margin of 856.85% and a negative return on equity of 13.13%. The business had revenue of $10.53 million for the quarter, compared to the consensus estimate of $9.97 million. During the same quarter last year, the firm posted ($0.25) EPS. The company’s revenue for the quarter was down 27.3% on a year-over-year basis. Sell-side analysts anticipate that Navitas Semiconductor Corporation will post -0.31 EPS for the current fiscal year.

About Navitas Semiconductor

(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.