In Monday’s Wall Street session, Navitas Semiconductor Corp (NASDAQ:NVTS) shares traded at $6.15, down -4.50% from the previous session.
NVTS stock price is now 30.58% away from the 50-day moving average and 92.97% away from the 200-day moving average. The market capitalization of the company currently stands at $1.18B.
With the price target maintained at $3.50, Deutsche Bank recently Downgraded its rating from Buy to Hold for Navitas Semiconductor Corp (NASDAQ: NVTS). On April 07, 2025, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock keeping its target price maintained at $1.50, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, GLICKMAN TODD, Sr. V.P., CFO & Treasurer sold 100,000 shares of the company’s stock on Jun 12 ’25. The stock was sold for $800,120 at an average price of $8.00. Upon completion of the transaction, the Sr. V.P., CFO & Treasurer now directly owns 134,501 shares in the company, valued at $0.83 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 11 ’25, Director Singh Ranbir sold 21,782 shares of the business’s stock. A total of $185,790 was realized by selling the stock at an average price of $8.53. This leaves the insider owning 19,192,271 shares of the company worth $118.03 million. A total of 24.61% of the company’s stock is owned by insiders.
During the past 12 months, Navitas Semiconductor Corp has had a low of $1.52 and a high of $9.17. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 5.61, and a quick ratio of 4.78. The fifty day moving average price for NVTS is $4.7098 and a two-hundred day moving average price translates $3.18705 for the stock.
The latest earnings results from Navitas Semiconductor Corp (NASDAQ: NVTS) was released for 2025-03-31. The net profit margin was -131.83% and return on equity was -26.43% for NVTS. The company reported revenue of $14.02 million for the quarter, compared to $23.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -39.51 percent. For the current quarter, analysts expect NVTS to generate $14.36M in revenue.
