NVTS RSI Chart
Last 7 days
-6.8%
Last 30 days
-2.1%
Last 90 days
-39.7%
Trailing 12 Months
-55.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 89.3M | 0 | 0 | 0 |
2023 | 44.6M | 54.0M | 65.7M | 79.5M |
2022 | 25.2M | 28.3M | 32.9M | 37.9M |
2021 | 14.8M | 17.8M | 20.8M | 23.7M |
2020 | 0 | 0 | 0 | 0 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 14, 2024 | sheridan eugene | sold | -184,507 | 4.801 | -38,431 | president & ceo |
Mar 14, 2024 | kinzer daniel m. | sold | -115,574 | 4.801 | -24,073 | coo and cto |
Mar 14, 2024 | singh ranbir | sold | -52,450 | 4.801 | -10,925 | evp, genesic business |
Mar 13, 2024 | sheridan eugene | acquired | - | - | 98,435 | president & ceo |
Mar 13, 2024 | singh ranbir | acquired | - | - | 37,530 | evp, genesic business |
Mar 13, 2024 | kinzer daniel m. | acquired | - | - | 60,404 | coo and cto |
Dec 15, 2023 | shelton ron | sold | -81,101 | 8.1101 | -10,000 | sr vp, cfo and treasurer |
Dec 15, 2023 | saluja dipender | sold | -357,256 | 8.2073 | -43,529 | - |
Dec 14, 2023 | hendrix richard j | gifted | - | - | -2,500 | - |
Dec 14, 2023 | saluja dipender | sold | -357,499 | 8.2127 | -43,530 | - |
Which funds bought or sold NVTS recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -3.08 | -440,102 | 590,235 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -69.13 | -1,665,580 | 371,770 | -% |
May 15, 2024 | Kodai Capital Management LP | added | 14.32 | -10,334,800 | 21,534,500 | 0.50% |
May 15, 2024 | VOLORIDGE INVESTMENT MANAGEMENT, LLC | sold off | -100 | -4,450,040 | - | -% |
May 15, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 16.72 | -68,000 | 151,000 | -% |
May 15, 2024 | G2 Investment Partners Management LLC | sold off | -100 | -574,213 | - | -% |
May 15, 2024 | TOWNSQUARE CAPITAL LLC | sold off | -100 | -200,612 | - | -% |
May 15, 2024 | Alpha DNA Investment Management LLC | sold off | -100 | -468,527 | - | -% |
May 15, 2024 | Nishkama Capital, LLC | sold off | -100 | -3,252,650 | - | -% |
May 15, 2024 | AE Wealth Management LLC | sold off | -100 | -332,580 | - | -% |
Unveiling Navitas Semiconductor Corporation's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Peers (Alternatives to Navitas Semiconductor Corporation)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NVDA | 2.3T | 60.9B | 77.7 | 37.96 | ||||
AMD | 265.8B | 22.8B | 238.19 | 11.66 | ||||
AMAT | 176.3B | 26.5B | 24.63 | 6.66 | ||||
INTC | 135.5B | 55.2B | 33.33 | 2.45 | ||||
ADI | 106.2B | 11.6B | 37.72 | 9.18 | ||||
MID-CAP | ||||||||
AMKR | 8.0B | 6.4B | 21.55 | 1.26 | ||||
CRUS | 5.9B | 1.8B | 33.72 | 3.32 | ||||
ACLS | 3.7B | 1.1B | 14.74 | 3.27 | ||||
DIOD | 3.4B | 1.5B | 19.88 | 2.26 | ||||
AMBA | 2.0B | 226.5M | -11.85 | 8.86 | ||||
SMALL-CAP | ||||||||
ACMR | 1.5B | 635.7M | 16.67 | 2.3 | ||||
AOSL | 780.7M | 657.5M | -82.59 | 1.19 | ||||
AEHR | 329.3M | 71.9M | 21.38 | 4.58 | ||||
ATOM | 119.4M | 550.0K | -6.09 | 217.05 | ||||
ASYS | 75.7M | 108.8M | -3.53 | 0.7 |
Navitas Semiconductor Corporation News
Income Statement (Quarterly) | |||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q4 | 2020Q3 |
Revenue | -11.1% | 23,175,000 | 26,057,500 | 21,978,000 | 18,062,000 | 13,358,000 | 12,349,000 | 10,243,000 | 8,611,000 | 6,740,000 | 7,338,000 | 5,631,000 | 5,450,000 | 5,317,000 | - | - | - |
Gross Profit | - | - | - | - | - | - | - | 391,000 | 3,585,000 | 2,963,000 | 3,250,000 | 2,599,000 | 2,479,000 | 2,358,000 | - | - | - |
Operating Expenses | 8.8% | 41,090,000 | 37,782,500 | 35,746,000 | 34,715,000 | 40,951,000 | 36,208,000 | 37,820,000 | 23,599,000 | 37,957,000 | 39,156,000 | 9,354,000 | 21,061,000 | 9,623,000 | - | - | - |
S&GA Expenses | 7.8% | 16,087,000 | 14,922,500 | 14,419,000 | 13,151,000 | 19,058,000 | 15,763,000 | 24,053,000 | 13,993,000 | 24,544,000 | 27,661,000 | 3,550,000 | 14,794,000 | 5,369,000 | 136,223 | - | - |
R&D Expenses | 11.8% | 20,229,000 | 18,086,000 | 16,553,000 | 16,791,000 | 17,394,000 | 15,945,000 | 11,526,000 | 9,522,000 | 13,325,000 | 11,150,000 | 5,804,000 | 6,267,000 | 4,254,000 | - | - | - |
EBITDA Margin | 47.2% | -0.96 | -1.82 | -2.01 | -3.39 | -2.03 | 1.35 | -1.45 | -0.42 | -2.58 | -6.40 | -0.90 | -1.05 | -1.25 | -1.56 | - | - |
Interest Expenses | - | - | - | -10,000 | 10,000 | - | 85,000 | 73,000 | 65,000 | 67,000 | 204,568 | 53.00 | 812 | 60,000 | 690 | - | - |
Income Taxes | 113.9% | 70,000 | -504,500 | 23,000 | -96,000 | 61,000 | -12,950,000 | -10,135,000 | 270,000 | 3,000 | 10,000 | 13,000 | 5,000 | 19,000 | - | - | - |
Earnings Before Taxes | 89.1% | -3,611,000 | -33,082,500 | 7,542,000 | -58,623,000 | -62,304,000 | -20,864,000 | -42,963,000 | 34,107,000 | 79,795,000 | -119,837,000 | -6,830,000 | -18,645,000 | -7,326,000 | - | - | - |
EBT Margin | 46.7% | -0.98 | -1.84 | -2.04 | -3.42 | -2.07 | 1.32 | -1.48 | -0.45 | -2.60 | -6.43 | -0.92 | -1.07 | -1.28 | -1.61 | - | - |
Net Income | 88.6% | -3,681,000 | -32,319,000 | 7,519,000 | -58,527,000 | -62,365,000 | -7,126,000 | -32,590,000 | 33,837,000 | 79,792,000 | -119,847,000 | -6,843,000 | -18,650,000 | -7,345,000 | -3,718,251 | - | - |
Net Income Margin | 46.8% | -0.97 | -1.83 | -1.83 | -2.97 | -1.53 | 1.95 | -1.18 | -0.46 | -2.61 | -6.43 | -1.76 | -1.67 | -1.28 | -1.61 | - | - |
Free Cashflow | 5.6% | -22,681,000 | -24,028,000 | -1,950,000 | -10,167,000 | -8,735,000 | -10,119,000 | -18,334,000 | -9,793,000 | -10,895,000 | -17,763,000 | -11,591,000 | -8,290,000 | -6,124,000 | - | - | - |
Balance Sheet | ||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q4 |
Assets | -3.6% | 468 | 486 | 494 | 499 | 416 | 425 | 443 | 286 | 287 | 296 | 253 | 253 | 255 | 49.00 | 255 |
Current Assets | -8.3% | 191 | 208 | 215 | 216 | 130 | 142 | 156 | 266 | 280 | 291 | 0.00 | 0.00 | 2.00 | 47.00 | - |
Cash Equivalents | -15.2% | 130 | 153 | 177 | 178 | 101 | 110 | 125 | 241 | 254 | 268 | 11.00 | 24.00 | 32.00 | 39.00 | - |
Inventory | 43.2% | 33.00 | 23.00 | 16.00 | 19.00 | 19.00 | 19.00 | 17.00 | 14.00 | 13.00 | 12.00 | - | - | - | 3.00 | - |
Net PPE | 28.6% | 12.00 | 9.00 | 8.00 | 7.00 | 7.00 | 7.00 | 6.00 | 4.00 | 2.00 | 2.00 | - | - | - | 1.00 | - |
Goodwill | 0% | 163 | 163 | 163 | 163 | 161 | 162 | 160 | 1.00 | - | - | - | - | - | - | - |
Liabilities | -33.3% | 70.00 | 105 | 91.00 | 116 | 71.00 | 41.00 | 61.00 | 39.00 | 87.00 | 230 | 33.00 | 38.00 | 27.00 | 11.00 | 8.00 |
Current Liabilities | -16.7% | 42.00 | 50.00 | 45.00 | 36.00 | 23.00 | 20.00 | 19.00 | 16.00 | 13.00 | 11.00 | 0.00 | 0.00 | 0.00 | 6.00 | - |
Long Term Debt | - | - | - | - | - | - | - | 1.00 | 2.00 | 3.00 | 4.00 | - | - | - | 5.00 | - |
LT Debt, Current | - | - | - | - | - | - | - | 3.00 | 3.00 | 3.00 | 3.00 | - | - | - | 1.00 | - |
LT Debt, Non Current | - | - | - | - | - | - | - | 1.00 | 2.00 | 3.00 | 4.00 | - | - | - | 5.00 | - |
Shareholder's Equity | 4.5% | 398 | 381 | 403 | 383 | 345 | 381 | 382 | 247 | 200 | 66.00 | - | 5.00 | 5.00 | 5.00 | 5.00 |
Retained Earnings | -1.2% | -303 | -300 | -267 | -275 | -216 | -154 | -147 | -115 | -148 | -228 | -32.86 | -14.30 | -2.26 | -75.98 | -6.04 |
Additional Paid-In Capital | 3.1% | 702 | 681 | 671 | 659 | 561 | 536 | 525 | 362 | 349 | 294 | - | 19.00 | 7.00 | 4.00 | -5.01 |
Shares Outstanding | 2.1% | 183 | 179 | 179 | 174 | 161 | 154 | 127 | 122 | 120 | 118 | 20.00 | 20.00 | 20.00 | 17.00 | - |
Minority Interest | - | - | - | - | - | - | 4.00 | 4.00 | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,220 | - | - | - | 352 | - | - | - | 251 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 |
Cashflow From Operations | 12.7% | -19,783 | -22,656 | -244 | -9,278 | -7,920 | -8,960 | -17,154 | -7,782 | -10,601 | -16,908 | -11,019 | -7,961 | -5,812 | -159 | -45* |
Share Based Compensation | 10.9% | 13,548 | 12,218 | 12,079 | 12,570 | 17,161 | 11,152 | 15,774 | 11,036 | 25,326 | 26,639 | 201 | 12,729 | 1,835 | - | - |
Cashflow From Investing | -293.4% | -5,398 | -1,372 | -1,706 | -889 | -1,815 | -1,161 | -98,390 | -5,065 | -2,992 | -941 | -1,056 | -479 | -990 | - | - |
Cashflow From Financing | 1097.6% | 2,024 | 169 | 900 | 87,092 | 221 | -4,334 | -168 | -446 | -862 | 275,025 | -698 | - | 222 | 255,029 | 27.00 |
Buy Backs | - | - | - | - | - | - | - | - | - | 550 | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
NET REVENUES | $ 23,175 | $ 13,358 |
COST OF REVENUES (exclusive of amortization of intangible assets included below) | 13,660 | 7,873 |
OPERATING EXPENSES: | ||
Research and development | 20,229 | 17,394 |
Selling, general and administrative | 16,087 | 19,058 |
Amortization of intangible assets | 4,774 | 4,499 |
Total operating expenses | 41,090 | 40,951 |
LOSS FROM OPERATIONS | (31,575) | (35,466) |
OTHER INCOME (EXPENSE), net: | ||
Interest income | 1,682 | 903 |
Gain (loss) from change in fair value of earnout liabilities | 26,199 | (27,752) |
Other income | 83 | 11 |
Total other income (expense), net | 27,964 | (26,838) |
LOSS BEFORE INCOME TAXES | (3,611) | (62,304) |
INCOME TAX PROVISION | 70 | 61 |
NET LOSS | (3,681) | (62,365) |
LESS: NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 0 | (518) |
NET LOSS ATTRIBUTABLE TO CONTROLLING INTERESTS | $ (3,681) | $ (61,847) |
NET LOSS PER COMMON SHARE: | ||
Basic net loss per share attributable to common stockholders (in dollars per share) | $ (0.02) | $ (0.39) |
Diluted net loss per share attributable to common stockholders (in dollars per share) | $ (0.02) | $ (0.39) |
WEIGHTED AVERAGE COMMON SHARES USED IN NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS: | ||
Basic common shares (in shares) | 179,779 | 156,792 |
Diluted common shares (in shares) | 179,779 | 156,792 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
CURRENT ASSETS: | ||
Cash and cash equivalents | $ 129,682 | $ 152,839 |
Accounts receivable, net | 22,199 | 25,858 |
Inventories | 33,176 | 23,166 |
Prepaid expenses and other current assets | 6,024 | 6,619 |
Total current assets | 191,081 | 208,482 |
PROPERTY AND EQUIPMENT, net | 11,773 | 9,154 |
OPERATING LEASE RIGHT OF USE ASSETS | 7,805 | 8,268 |
INTANGIBLE ASSETS, net | 86,325 | 91,099 |
GOODWILL | 163,215 | 163,215 |
OTHER ASSETS | 7,690 | 5,328 |
Total assets | 467,889 | 485,546 |
CURRENT LIABILITIES: | ||
Accounts payable and other accrued expenses | 24,450 | 26,637 |
Accrued compensation expenses | 7,591 | 10,902 |
Operating lease liabilities, current | 1,857 | 1,892 |
Customer deposit | 8,074 | 10,953 |
Total current liabilities | 41,972 | 50,384 |
OPERATING LEASE LIABILITIES NONCURRENT | 6,307 | 6,653 |
EARNOUT LIABILITY | 20,653 | 46,852 |
DEFERRED TAX LIABILITIES | 1,040 | 1,040 |
Total liabilities | 69,972 | 104,929 |
COMMITMENTS AND CONTINGENCIES (Note 13) | ||
STOCKHOLDERS’ EQUITY: | ||
Common stock, $0.0001 par value, 750,000,000 shares authorized as of March 31, 2024 and December 31, 2023, and 182,996,785 and 179,196,418 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 21 | 21 |
Additional paid-in capital | 701,771 | 680,790 |
Accumulated other comprehensive loss | (7) | (7) |
Accumulated deficit | (303,868) | (300,187) |
Total stockholders’ equity | 397,917 | 380,617 |
Total liabilities and stockholders’ equity | $ 467,889 | $ 485,546 |