Navitas Semiconductor Corp’s recent filing unveils that its Sr. V.P., CFO & Treasurer GLICKMAN TODD unloaded Company’s shares for reported $0.8 million on Jun 12 ’25. In the deal valued at $8.00 per share,100,000 shares were sold. As a result of this transaction, GLICKMAN TODD now holds 134,501 shares worth roughly $0.88 million.
Then, Singh Ranbir sold 21,782 shares, generating $185,790 in total proceeds. Upon selling the shares at $8.53, the Director now owns 19,192,271 shares.
Before that, Sheridan Eugene sold 361,332 shares. Navitas Semiconductor Corp shares valued at $2,974,051 were divested by the PRESIDENT & CEO at a price of $8.23 per share. As a result of the transaction, Sheridan Eugene now holds 600,000 shares, worth roughly $3.91 million.
Deutsche Bank downgraded its Navitas Semiconductor Corp [NVTS] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early April from “an Equal-weight” to “an Underweight”. Jefferies also remained covering NVTS and has decreased its forecast on May 13, 2024 with a “Hold” recommendation from previously “Buy” rating. Northland Capital started covering the stock on January 16, 2024. It rated NVTS as “a Market perform”.
Price Performance Review of NVTS
On Monday, Navitas Semiconductor Corp [NASDAQ:NVTS] saw its stock fall -6.99%% to $6.52. Over the last five days, the stock has lost -10.93%. Navitas Semiconductor Corp shares have risen nearly 54.50% since the year began. Nevertheless, the stocks have risen 82.63% over the past one year. While a 52-week high of $9.17 was reached on 06/11/25, a 52-week low of $1.52 was recorded on 04/04/25.
Levels Of Support And Resistance For NVTS Stock
The 24-hour chart illustrates a support level at 6.12, which if violated will result in even more drops to 5.71. On the upside, there is a resistance level at 7.12. A further resistance level may holdings at 7.71.
How much short interest is there in Navitas Semiconductor Corp?
A steep rise in short interest was recorded in Navitas Semiconductor Corp stocks on 2025-05-30, growing by 3.96 million shares to a total of 28.41 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 24.45 million shares. There was a rise of 13.95%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 29, 2023 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $9.20 price target.
