Brian Long, an insider at Navitas Semiconductor Corp (NVTS), sold 58,165 shares of the company's stock at a price of $8.51 per share, totaling approximately $495,000 on December 1, 2025. Following this transaction, Long retains 58,165 shares in the company.
Navitas Semiconductor, headquartered in Torrance, California, specializes in the development of ultra-efficient gallium nitride (GaN) semiconductors. The company went public on December 3, 2020, and currently has a market capitalization of $2.2 billion. Its products are integral to various applications, including fast chargers for mobile devices, consumer electronics, data centers, and electric vehicles.
Insider selling can occur for various reasons, such as diversification or personal financial needs. While significant selling activity may attract attention, it does not inherently suggest negative sentiment towards the company. Investors are encouraged to consider patterns of insider transactions across multiple executives and time periods, rather than focusing on isolated events.
This update provides insight into the trading behavior of insiders at Navitas Semiconductor, a firm that is actively engaged in the semiconductor industry, with upcoming earnings expectations of a loss of $0.05 per share on revenue of $8.2 million, scheduled for August 3, 2026.