NVTS
Navitas Semiconductor Corporati · Technology · Semiconductors
ZACKSHoldTECHBuy
R500#50 today
TARGET+14%
$12.40
+2.31% today · +1.64% 1W
Oct 2 close or latest
PreviewWhy it's moving
Reddit attention is surging
- NVTS +2.31% on the last session vs SPY +0.74%: +1.6 pts of stock-specific move.
- 1 analyst action in the past 10 days (0 positive, 0 negative); latest: Rosenblatt maintained Neutral, target $13.00.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
Assembled from Wallsti's own signals. The news-reading agent will explain the move with timestamped sources, and say so when there is no clear catalyst.
Key facts
- Market cap
- $3.3B
- Held by institutions
- 56.3%
- Short interest
- 17.3%
- 52-week range
- 6.85–34.17
- Analyst mean target
- $14.07
- Next earnings
- —
- Forward P/E
- -99.3
Recent events
Analyst
Rosenblatt maintained Neutral, target $13.00Analyst
Needham reiterated Buy, target $21.00Analyst
Rosenblatt maintained Neutral, target $13.00Insider ▼
Richard J Hendrix (Director) sold 143,814 shares ($4.2M), not under a 10b5-1 plan unplanned · filingInsider ▼
Gary Kent Jr Wunderlich (Director) sold 108,165 shares ($3.0M), not under a 10b5-1 plan unplanned · filingInsider ▼
Ranbir Singh (Director) sold 3,724,176 shares ($108.7M), not under a 10b5-1 plan unplanned · filingInsider ▼
Chris Allexandre (PRESIDENT AND CEO, Director) sold 13,323 shares ($423.8K), not under a 10b5-1 plan unplanned · filingAnalyst ▲
Needham maintained Buy, raised target $13.00 → $21.00Analyst ▲
Rosenblatt maintained Neutral, raised target $7.00 → $13.00Analyst ▲
Baird maintained Outperform, raised target $9.00 → $20.00