Navitas Semiconductor Corp (NASDAQ: NVTS) is 66.39% higher on its value in year-to-date trading and has touched a low of $1.52 and a high of $7.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NVTS stock was last observed hovering at around $5.52 in the last trading session, with the day’s gains setting it 0.42%.
Currently trading at $5.94, the stock is 74.45% and 137.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 92.46 million and changing 7.61% at the moment leaves the stock 117.12% off its SMA200. NVTS registered 50.38% gain for a year compared to 6-month loss of 141.46%. The firm has a 50-day simple moving average (SMA 50) of $2.4321 and a 200-day simple moving average (SMA200) of $2.7208.
The stock witnessed a 189.76% gain in the last 1 month and extending the period to 3 months gives it a 143.44%, and is -8.62% 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 10.36% over the week and 24.15% over the month.
Navitas Semiconductor Corp (NVTS) has around 280 employees, a market worth around $1.14B and $74.14M in sales. Profit margin for the company is -131.83%. Distance from 52-week low is 290.79% and -21.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.17%).
with sales reaching $14.43M over the same period.The EPS is expected to grow by 21.58% this year, but quarterly earnings will post -23.15% year-over-year. Quarterly sales are estimated to shrink -29.48% in year-over-year returns.
Navitas Semiconductor Corp (NVTS) Top Institutional Holders
229.0 institutions hold shares in Navitas Semiconductor Corp (NVTS), with institutional investors hold 52.01% of the company’s shares. The shares outstanding are 191.76M, and float is at 124.15M with Short Float at 18.84%. Institutions hold 39.36% of the Float.
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
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Navitas Semiconductor Corp disclosed in a document filed with the SEC on May 29 ’25 that SiCPower, LLC (10% Owner) sold a total of 484,619 shares of the company’s common stock. The trade occurred on May 29 ’25 and was made at $6.72 per share for $3.26 million. Following the transaction, the insider now directly holds 24.39 million shares of the NVTS stock.
Still, SEC filings show that on May 29 ’25, SiCPower, LLC (10% Owner) disposed off 484,619 shares at an average price of $6.72 for $3.26 million. The insider now directly holds 24,390,042 shares of Navitas Semiconductor Corp (NVTS).