Navitas SemiconductorNVTS
About: Navitas Semiconductor Corp develops ultra-efficient gallium nitride (GaN) semiconductors that are revolutionizing power electronics. GaN power ICs integrate GaN power with drive, control, and protection to enable fast charging, high power density, and energy savings for mobile, consumer, enterprise, eMobility, and new energy markets. The company operates as one reportable segment, the design, development, manufacture, and marketing of integrated circuits and related components for use in mobile device and other markets. Geographically, the company operates in China, Europe, United States, Rest of Asia and Others. The majority of revenue is generated from China.
Employees: 314
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
147% more call options, than puts
Call options by funds: $3.21M | Put options by funds: $1.3M
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
4.74% less ownership
Funds ownership: 47.06% [Q2] → 42.31% (-4.74%) [Q3]
10% less funds holding
Funds holding: 144 [Q2] → 130 (-14) [Q3]
32% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 44
44% less capital invested
Capital invested by funds: $340M [Q2] → $190M (-$150M) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Deutsche Bank Ross Seymore 40% 1-year accuracy 2 / 5 met price target | 6%upside $4 | Buy Maintained | 5 Nov 2024 |
Craig-Hallum Richard Shannon 82% 1-year accuracy 31 / 38 met price target | 13%upside $4.25 | Buy Maintained | 5 Nov 2024 |
Baird Tristan Gerra 40% 1-year accuracy 6 / 15 met price target | 33%upside $5 | Outperform Maintained | 5 Nov 2024 |
Rosenblatt Kevin Cassidy 54% 1-year accuracy 22 / 41 met price target | 99%upside $7.50 | Buy Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 9 articles about NVTS published over the past 30 days
