Toth Financial Advisory Corp Boosts Stock Holdings in Navitas Semiconductor Corporation $NVTS

Toth Financial Advisory Corp boosted its position in shares of Navitas Semiconductor Corporation (NASDAQ:NVTSFree Report) by 69.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,999 shares of the company’s stock after purchasing an additional 8,999 shares during the period. Toth Financial Advisory Corp’s holdings in Navitas Semiconductor were worth $144,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NVTS. BNP Paribas Financial Markets acquired a new stake in Navitas Semiconductor during the 4th quarter valued at $52,000. Bank of America Corp DE grew its holdings in Navitas Semiconductor by 180.5% during the 4th quarter. Bank of America Corp DE now owns 1,234,375 shares of the company’s stock valued at $4,407,000 after purchasing an additional 794,371 shares in the last quarter. Deutsche Bank AG grew its holdings in Navitas Semiconductor by 72.8% during the 4th quarter. Deutsche Bank AG now owns 121,203 shares of the company’s stock valued at $433,000 after purchasing an additional 51,045 shares in the last quarter. D. E. Shaw & Co. Inc. acquired a new stake in Navitas Semiconductor during the 4th quarter valued at $90,000. Finally, Millennium Management LLC acquired a new position in Navitas Semiconductor during the 4th quarter worth $52,000. 46.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Rosenblatt Securities reissued a “buy” rating and set a $8.00 price objective on shares of Navitas Semiconductor in a report on Tuesday, August 26th. Craig Hallum lowered shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft lowered shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $3.50 price objective for the company. in a report on Tuesday, June 17th. Needham & Company LLC reissued a “buy” rating and set a $8.00 price objective on shares of Navitas Semiconductor in a report on Tuesday, August 26th. Finally, Morgan Stanley set a $4.40 price objective on shares of Navitas Semiconductor in a report on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Navitas Semiconductor presently has an average rating of “Hold” and a consensus target price of $5.65.

Read Our Latest Research Report on NVTS

Navitas Semiconductor Trading Up 4.2%

NVTS stock opened at $7.01 on Monday. Navitas Semiconductor Corporation has a 52 week low of $1.52 and a 52 week high of $9.48. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of -10.78 and a beta of 3.00. The firm’s 50-day moving average is $6.71 and its two-hundred day moving average is $4.81.

Navitas Semiconductor (NASDAQ:NVTSGet Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported ($0.05) EPS for the quarter, hitting analysts’ consensus estimates of ($0.05). Navitas Semiconductor had a negative net margin of 182.63% and a negative return on equity of 18.16%. The company had revenue of $14.49 million for the quarter, compared to the consensus estimate of $14.43 million. During the same period in the previous year, the firm earned ($0.07) EPS. Navitas Semiconductor’s revenue was down 29.2% on a year-over-year basis. Navitas Semiconductor has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Navitas Semiconductor Corporation will post -0.51 earnings per share for the current year.

Insider Activity at Navitas Semiconductor

In other news, Director Brian Long sold 750,000 shares of Navitas Semiconductor stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $5.84, for a total value of $4,380,000.00. Following the transaction, the director owned 2,670,991 shares of the company’s stock, valued at $15,598,587.44. The trade was a 21.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Ranbir Singh acquired 18,645,603 shares of the stock in a transaction dated Monday, July 28th. The stock was acquired at an average cost of $8.79 per share, for a total transaction of $163,894,850.37. Following the purchase, the director directly owned 18,645,603 shares in the company, valued at approximately $163,894,850.37. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 2,705,596 shares of company stock worth $16,096,333 in the last ninety days. Corporate insiders own 29.90% of the company’s stock.

Navitas Semiconductor Profile

(Free Report)

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company’s products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.

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Institutional Ownership by Quarter for Navitas Semiconductor (NASDAQ:NVTS)

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