Navitas stock soars as company advances 800V tech for NVIDIA AI platforms
Brian Long, a director at Navitas Semiconductor Corp (NASDAQ:NVTS), sold 2,300 shares of the company’s Class A Common Stock on September 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $5.75, for a total transaction value of $13,225. The sale comes as the $1.23 billion market cap company’s stock shows significant volatility, having risen 158% over the past six months despite recent pullbacks. According to InvestingPro analysis, the stock appears overvalued at current levels.
Following the transaction, Long indirectly holds 3,918,691 shares through Atlantic Bridge III LP and directly holds 22,048 shares underlying unvested restricted stock units. The company maintains a strong liquidity position with a current ratio of 8.23 and holds more cash than debt on its balance sheet. For comprehensive insider trading analysis and 11 additional key insights about NVTS, check out the detailed research available on InvestingPro.
In other recent news, Navitas Semiconductor announced the appointment of Chris Allexandre as its new President and Chief Executive Officer, effective September 1, 2025. Allexandre, a veteran in the semiconductor industry, will succeed co-founder Gene Sheridan, who will step down from his roles after an 11-year tenure. This leadership transition coincided with several analyst updates on Navitas. Rosenblatt reiterated a Buy rating for Navitas, although it lowered the stock’s price target to $8.00 from $10.00, following quarterly results that aligned with expectations but included guidance that fell short of consensus estimates. Meanwhile, Craig-Hallum downgraded Navitas from Buy to Hold, citing poor third-quarter sales guidance influenced by tariff issues affecting silicon carbide products in China and cuts to solar tax credits. In contrast, Needham raised its price target for Navitas to $8.00 from $3.00, maintaining a Buy rating, despite acknowledging the challenges of tariff uncertainty and a reconfiguration of the company’s Mobile business.
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