In a filing, Navitas Semiconductor Corp revealed its Director Singh Ranbir unloaded Company’s shares for reported $11215.0 on Mar 18 ’25. In the deal valued at $2.55 per share,4,400 shares were sold. As a result of this transaction, Singh Ranbir now holds 193,511 shares worth roughly $0.41 million.
Then, LONG BRIAN sold 47,189 shares, generating $111,366 in total proceeds. Upon selling the shares at $2.36, the Director now owns 31,460 shares.
Before that, Brian Long bought 47,189 shares. Navitas Semiconductor Corp shares valued at $111,366 were divested by the Director at a price of $2.36 per share.
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 jump 3.38% to $2.14. Over the last five days, the stock has gained 12.34%. Navitas Semiconductor Corp shares have fallen nearly -40.06% since the year began. Nevertheless, the stocks have fallen -54.37% 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 $2.07, while 200 days put it at $2.69.
Levels Of Support And Resistance For NVTS Stock
The 24-hour chart illustrates a support level at 2.08, which if violated will result in even more drops to 2.02. On the upside, there is a resistance level at 2.19. A further resistance level may holdings at 2.25. The Relative Strength Index (RSI) on the 14-day chart is 57.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.69%. Stochastics %K at 65.55% indicates the stock is a holding.
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.
