Navitas Semiconductor Corp (NASDAQ: NVTS) is -46.64% lower on its value in year-to-date trading and has touched a low of $1.52 and a high of $5.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NVTS stock was last observed hovering at around $2.00 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $1.90, the stock is 1.80% and -9.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.77 million and changing -4.75% at the moment leaves the stock -30.39% off its SMA200. NVTS registered -56.11% loss for a year compared to 6-month loss of -22.87%.
The stock witnessed a 5.25% gain in the last 1 month and extending the period to 3 months gives it a -36.71%, and is -2.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.82% over the week and 8.61% over the month.
Navitas Semiconductor Corp (NVTS) has around 280 employees, a market worth around $362.96M and $74.14M in sales. Profit margin for the company is -131.83%. Distance from 52-week low is 25.33% and -62.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.17%).
The EPS is expected to grow by 23.61% this year.
Navitas Semiconductor Corp (NVTS) Top Institutional Holders
The shares outstanding are 190.53M, and float is at 116.46M with Short Float at 20.93%.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.9 million shares valued at $38.9 million. The investor’s holdings represent 5.4053% of the NVTS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.69 million shares valued at $38.07 million to account for 5.2899 of the shares outstanding. The other top investors are CAPRICORN INVESTMENT GROUP LLC which holds 9.18 million shares representing 5.0138% and valued at over $37.25 million, while MILLENNIUM MANAGEMENT LLC holds 3.2559 of the shares totaling 5.96 million with a market value of $23.43 million.
Navitas Semiconductor Corp (NVTS) Insider Activity
The most recent transaction is an insider sale by LONG BRIAN, the company’s Director. SEC filings show that LONG BRIAN sold 47,189 shares of the company’s common stock on Mar 21 ’25 at a price of $2.36 per share for a total of $0.11 million. Following the sale, the insider now owns 31460.0 shares.
Still, SEC filings show that on Feb 26 ’25, GLICKMAN TODD (Sr. V.P., CFO & Treasurer) disposed off 13,644 shares at an average price of $2.59 for $35338.0. The insider now directly holds 684,497 shares of Navitas Semiconductor Corp (NVTS).
