BlackRock Inc. Takes $290.97 Million Position in Navitas Semiconductor Corporation $NVTS

BlackRock Inc. purchased a new position in Navitas Semiconductor Corporation (NASDAQ:NVTS) in the second quarter, Holdings Channel.com reports. The firm purchased 16,237,182 shares of the company’s stock, valued at approximately $290,970,000. BlackRock Inc. owned about 0.06% of Navitas Semiconductor as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP lifted its position in Navitas Semiconductor by 309.4% during the third quarter. Allworth Financial LP now owns 3,570 shares of the company’s stock valued at $26,000 after purchasing an additional 2,698 shares during the period. NewEdge Advisors LLC boosted its stake in shares of Navitas Semiconductor by 189.8% in the 2nd quarter. NewEdge Advisors LLC now owns 4,492 shares of the company’s stock worth $29,000 after buying an additional 2,942 shares during the last quarter. Beaird Harris Wealth Management LLC grew its holdings in shares of Navitas Semiconductor by 247.8% in the second quarter. Beaird Harris Wealth Management LLC now owns 1,739 shares of the company’s stock worth $31,000 after acquiring an additional 1,239 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of Navitas Semiconductor by 3,200.0% in the first quarter. Geneos Wealth Management Inc. now owns 4,125 shares of the company’s stock worth $36,000 after acquiring an additional 4,000 shares during the period. Finally, State of Wyoming increased its position in Navitas Semiconductor by 92.8% during the first quarter. State of Wyoming now owns 4,803 shares of the company’s stock valued at $42,000 after acquiring an additional 2,312 shares during the last quarter. 46.14% of the stock is owned by hedge funds and other institutional investors.

Navitas Semiconductor Trading Up 1.8%

NASDAQ NVTS opened at $12.67 on Thursday. Navitas Semiconductor Corporation has a 12 month low of $5.44 and a 12 month high of $34.17. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of -9.53 and a beta of 3.86. The company’s 50 day moving average is $14.17 and its two-hundred day moving average is $14.63.

Navitas Semiconductor (NASDAQ:NVTS) last announced its quarterly earnings data on Monday, July 27th. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.04). The firm had revenue of $10.53 million during the quarter, compared to analysts’ expectations of $9.97 million. Navitas Semiconductor had a negative net margin of 856.85% and a negative return on equity of 13.13%. The company’s revenue for the quarter was down 27.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.25) earnings per share. Sell-side analysts forecast that Navitas Semiconductor Corporation will post -0.31 EPS for the current year.

Trending Headlines about Navitas Semiconductor

Here are the key news stories impacting Navitas Semiconductor this week:

• Positive Sentiment: Claros acquisition strengthens AI strategy: Navitas agreed to acquire power-management company Claros for up to approximately $232.8 million. Claros’ vertical power delivery (VPD) and integrated voltage regulator (IVR) technologies would extend Navitas’ portfolio from the electrical grid to the AI processor, potentially addressing power-delivery constraints in next-generation data centers. The deal is expected to more than double Navitas’ 2030 serviceable addressable market to over $8 billion. Navitas To Acquire Claros, Advancing AI Infrastructure with VPD & IVR Technology for Grid-to-xPU
• Positive Sentiment: Improving AI-related outlook: Analysts highlight 22% sequential revenue growth in the second quarter, more than 50% year-over-year growth in high-power revenue, and third-quarter guidance reportedly 17% above prior estimates. AI infrastructure is expected to contribute more than one-third of fourth-quarter 2026 revenue, while the 800V data-center opportunity could begin scaling meaningfully from 2027 onward. One analysis reiterated a buy rating with a $22 price target. Navitas Semiconductor: Q2 2026 Moved The 800V Story Closer To Revenue
• Neutral Sentiment: Analyst and institutional interest is mixed: Recent analyst targets range from $13 to $21, with a reported median of $20. Institutional buying has been substantial, but other funds have reduced or exited positions. A report claiming increased short interest lists zero shares and a zero-day days-to-cover ratio, making that data unreliable.
• Negative Sentiment: Execution and valuation risks remain: The Claros transaction requires regulatory approval and successful integration, with part of the consideration tied to future milestones and additional stock-based compensation. Navitas remains unprofitable, revenue was down 27.3% year over year in the latest reported quarter, and insider activity over the past six months consisted entirely of sales. These factors could limit the stock’s upside if AI growth takes longer to materialize.

Analysts Set New Price Targets

A number of research firms have weighed in on NVTS. Robert W. Baird increased their target price on Navitas Semiconductor from $9.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, May 4th. Weiss Ratings raised shares of Navitas Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 17th. Wall Street Zen upgraded shares of Navitas Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Morgan Stanley reissued an “underweight” rating and issued a $12.60 price objective on shares of Navitas Semiconductor in a report on Tuesday, July 28th. Finally, Rosenblatt Securities restated a “neutral” rating and set a $13.00 target price on shares of Navitas Semiconductor in a research report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $15.92.

Navitas Semiconductor Company Profile

Navitas Semiconductor is a fabless semiconductor company specialized in gallium nitride (GaN) power integrated circuits. The company’s core mission centers on delivering high-efficiency, high-power-density power solutions that address the needs of modern electronic devices, ranging from fast chargers for consumer electronics to industrial and automotive power systems.

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.