Navitas Semiconductor Corp’s filing revealed that its Director LONG BRIAN unloaded Company’s shares for reported $0.11 million on Mar 21 ’25. In the deal valued at $2.36 per share,47,189 shares were sold. As a result of this transaction, LONG BRIAN now holds 31,460 shares worth roughly $62920.0.
Then, Brian Long bought 47,189 shares, generating $111,366 in total proceeds.
Before that, GLICKMAN TODD sold 13,644 shares. Navitas Semiconductor Corp shares valued at $35,338 were divested by the Sr. V.P., CFO & Treasurer at a price of $2.59 per share. As a result of the transaction, GLICKMAN TODD now holds 684,497 shares, worth roughly $1.37 million.
Jefferies downgraded its Navitas Semiconductor Corp [NVTS] rating to a Hold from a a Buy in a research note published on May 13, 2024; the price target was decreased to $4 from $10. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in mid January with a ‘”a Market perform”‘ rating. Morgan Stanley began covering NVTS with “an Equal-weight” recommendation on August 29, 2023. Rosenblatt started covering the stock on February 24, 2022. It rated NVTS as “a Buy”.
Price Performance Review of NVTS
On Tuesday, Navitas Semiconductor Corp [NASDAQ:NVTS] saw its stock fall -2.44% to $2.00. Over the last five days, the stock has lost -9.50%. Navitas Semiconductor Corp shares have fallen nearly -43.98% since the year began. Nevertheless, the stocks have fallen -58.07% over the past one year. While a 52-week high of $5.14 was reached on 01/06/25, a 52-week low of $1.75 was recorded on 03/31/25. SMA at 50 days reached $2.71, while 200 days put it at $3.03.
Levels Of Support And Resistance For NVTS Stock
The 24-hour chart illustrates a support level at 1.91, which if violated will result in even more drops to 1.83. On the upside, there is a resistance level at 2.06. A further resistance level may holdings at 2.12. The Relative Strength Index (RSI) on the 14-day chart is 39.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.53%. Stochastics %K at 17.24% indicates the stock is a buying.
How much short interest is there in Navitas Semiconductor Corp?
A steep rise in short interest was recorded in Navitas Semiconductor Corp stocks on 2025-03-14, dropping by -2.06 million shares to a total of 29.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 31.47 million shares. There was a decline of -7.02%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 17, 2022 when Needham began covering the stock and recommended ‘”a Buy”‘ rating along with a $16 price target.
