Navitas Semiconductor Corp’s recent filing unveils 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 $56628.0.
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 $1.23 million.
Morgan Stanley downgraded its Navitas Semiconductor Corp [NVTS] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in mid May from “a Buy” to “a Hold”. Northland Capital began covering NVTS with “Market perform” recommendation on January 16, 2024. Morgan Stanley started covering the stock on August 29, 2023. It rated NVTS as “an Equal-weight”.
Price Performance Review of NVTS
On Tuesday, Navitas Semiconductor Corp [NASDAQ:NVTS] saw its stock unchanged to $1.80. Over the last five days, the stock has gained 3.45%. Navitas Semiconductor Corp shares have fallen nearly -49.58% since the year began. Nevertheless, the stocks have fallen -53.37% over the past one year. While a 52-week high of $5.14 was reached on 01/06/25, a 52-week low of $1.52 was recorded on 04/04/25. SMA at 50 days reached $2.3290, while 200 days put it at $2.8633.
Levels Of Support And Resistance For NVTS Stock
The 24-hour chart illustrates a support level at 1.7567, which if violated will result in even more drops to 1.7133. On the upside, there is a resistance level at 1.8567. A further resistance level may holdings at 1.9133. The Relative Strength Index (RSI) on the 14-day chart is 42.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0356, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.43%. Stochastics %K at 56.50% indicates the stock is a holding.
How much short interest is there in Navitas Semiconductor Corp?
A steep rise in short interest was recorded in Navitas Semiconductor Corp stocks on 2025-03-31, dropping by -2.87 million shares to a total of 28.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 31.4 million shares. There was a decline of -10.07%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 24, 2022 when Rosenblatt began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.
