A number of firms have modified their ratings and price targets on shares of Navitas Semiconductor (NASDAQ: NVTS) recently:
- 5/6/2026 – Navitas Semiconductor had its “underweight” rating reaffirmed by Morgan Stanley. They now have a $13.70 price target on the stock.
- 5/6/2026 – Navitas Semiconductor had its price target raised by Needham & Company LLC from $13.00 to $21.00. They now have a “buy” rating on the stock.
- 5/4/2026 – Navitas Semiconductor had its price target raised by Robert W. Baird from $9.00 to $20.00. They now have an “outperform” rating on the stock.
- 4/21/2026 – Navitas Semiconductor had its “sell (d-)” rating reaffirmed by Weiss Ratings.
- 3/12/2026 – Navitas Semiconductor had its “neutral” rating reaffirmed by Rosenblatt Securities. They now have a $7.00 price target on the stock.
Insider Buying and Selling
In related news, CEO Chris Allexandre sold 9,236 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $8.93, for a total transaction of $82,477.48. Following the completion of the sale, the chief executive officer owned 813,323 shares in the company, valued at $7,262,974.39. This trade represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ranbir Singh sold 389,096 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $9.52, for a total transaction of $3,704,193.92. The SEC filing for this sale provides additional information. Insiders sold 509,016 shares of company stock worth $4,967,814 in the last quarter. 29.90% of the stock is owned by corporate insiders.
Navitas offers a portfolio of GaNFast power ICs designed to replace traditional silicon-based power components. These products integrate GaN transistors, drivers and protection features into single-chip solutions, enabling faster charging, reduced energy loss and smaller power supply footprints.
Further Reading
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