Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
On June 9, 2025, Gary Kent Wunderlich Jr., a director at Navitas Semiconductor Corp (NASDAQ:NVTS), sold a significant portion of the company’s Class A common stock. According to a recent SEC filing, Wunderlich sold a total of 59,399 shares, generating approximately $436,852. The shares were sold at prices ranging from $7.3543 to $7.36 per share. This transaction comes as NVTS shows remarkable momentum, with the stock posting a 122% return year-to-date and trading near $8, close to its 52-week high of $9.17. InvestingPro data reveals the stock has demonstrated significant volatility, with a beta of 2.96.
Following these transactions, Wunderlich directly owns 338,435 shares. Additionally, he holds an indirect interest in 1,263,000 shares through Live Oak Sponsor Partners II, LLC, where he serves as a managing member. Another set of shares was previously held in trust for the benefit of his immediate family, which are now fully disposed of. The company maintains strong financial health with a current ratio of 5.61 and holds more cash than debt on its balance sheet. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro, covering over 1,400 US stocks.
In other recent news, Navitas Semiconductor reported first-quarter 2025 earnings that met market expectations, with a loss per share of $0.06 and revenue of $14 million. The company maintained its revenue forecast despite challenges such as inventory corrections in key sectors. Navitas announced a significant collaboration with NVIDIA (NASDAQ:NVDA) to develop an advanced 800V high-voltage direct current architecture for AI data centers, which could improve power efficiency and reduce costs. Additionally, Navitas appointed Cristiano Amoruso to its board of directors, a move expected to drive growth and expand the company’s presence in sectors like data centers and electric vehicles.
Needham has adjusted its price target for Navitas to $3.00 from $4.00, maintaining a Buy rating. This change follows concerns about tariff volatility and a postponed solar project, although Navitas’ recent earnings report was strong. The company’s management highlighted that the immediate impact of tariffs is primarily on the Silicon Carbide segment, with potential broader implications if tariff disputes escalate. Navitas is also making strides in innovation, having launched the industry’s first bidirectional GaN IC and achieving automotive qualification for its GaN Safe technology.
Looking ahead, Navitas has provided revenue guidance for the second quarter of 2025 in the range of $14 to $15 million. The company anticipates growth to resume in late 2025, driven by increased demand in solar microinverters and electric vehicle applications. Navitas is targeting EBITDA breakeven by 2026, with a strong pipeline of design wins expected to drive future growth.
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