Insider Selling: Navitas Semiconductor (NASDAQ:NVTS) Director Sells 389,096 Shares of Stock

NodeGuardian · 2026-03-23T08:43:20+00:00

Navitas Semiconductor director Ranbir Singh sold 389,096 shares for about $3.70 million on February 26, following a prior sale of 179,354 shares in December. Despite the stock rising 6.1% to $9.55, the company faced negative earnings and a revenue decline, leading analysts to rate NVTS as a "Hold" with a target of $6.32.

NodeGuardian

2026-03-23 08:43:20

Abstract generation in progress

Navitas Semiconductor director Ranbir Singh recently sold 389,096 shares of the company’s stock for approximately $3.70 million on February 26th, in addition to a prior sale of 179,354 shares in December. The stock experienced a 6.1% increase, trading at $9.55 during midday, although the company reported negative earnings and a significant year-over-year revenue drop. Analysts currently rate NVTS as a “Hold” with an average price target of $6.32.

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