Navitas Semiconductor (NVTS) was downgraded to a Hold Rating at Deutsche Bank
Navitas Semiconductor (NVTS – Research Report) received a Hold rating and price target from Deutsche Bank analyst today. The company's shares closed yesterday at $7.19.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Navitas Semiconductor with a $3.50 average price target.
NVTS market cap is currently $1.41B and has a P/E ratio of -13.92.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NVTS in relation to earlier this year. Earlier this month, Todd Glickman, the Sr. V.P., CFO & Treasurer of NVTS sold 100,000.00 shares for a total of $800,000.00.
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