Navitas Semiconductor expands its distribution agreement with Avnet, enhancing global channel presence for GaN and SiC devices.
Quiver AI Summary
Navitas Semiconductor has expanded its distribution agreement with Avnet, making Avnet a globally franchised strategic partner for Navitas. This partnership aims to consolidate Navitas' franchised distribution network while increasing its reach in high-power markets through Avnet's extensive expertise and global distribution capabilities. Following Avnet Silica's success in Europe, the collaboration will enhance support for Navitas' GaN and SiC semiconductor devices, benefiting sectors such as AI data centers, renewable energy, and industrial electrification. Both companies expressed optimism about their partnership's potential to drive adoption of advanced, energy-efficient solutions in the high-power market.
Potential Positives
- Expansion of the distribution agreement with Avnet enhances Navitas' global presence and access to new markets.
- The collaboration with Avnet enables better technical and commercial support for Navitas' high-performance semiconductor devices, facilitating growth in key sectors such as AI data centers and renewable energy.
- This partnership consolidates Navitas' distribution network, ensuring streamlined access to products and support for customers worldwide.
Potential Negatives
- This press release includes numerous forward-looking statements, which carry inherent risks and uncertainties. The cautionary note regarding these statements highlights that actual performance may differ materially from what is anticipated, raising concerns about the company's reliability in projecting future growth and success.
- While the expansion of the distribution agreement with Avnet is presented positively, the consolidation of Navitas’ distribution partners may indicate previous instability or inefficiency within its distribution network, suggesting potential past challenges that the company faced in managing its partnerships.
FAQ
What is the significance of Navitas' partnership with Avnet?
The partnership expands Navitas' global distribution, enhancing support for GaN and SiC semiconductor devices across various industries.
How will Avnet support Navitas' products?
Avnet will provide technical and commercial expertise, ensuring efficient distribution of Navitas' high-voltage and high-power semiconductor devices.
What industries will benefit from this collaboration?
Industries such as AI data centers, high-performance computing, renewable energy, and industrial electrification will benefit from the partnership.
How does this agreement impact customers in Europe?
Customers in Europe will receive better access to Navitas products and expertise through Avnet Silica's established regional presence.
What makes Navitas a leader in semiconductor technology?
Navitas is a pioneer in GaN and SiC technologies, with over 300 patents and a commitment to energy-efficient solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NVTS Insider Trading Activity
$NVTS insiders have traded $NVTS stock on the open market 20 times in the past 6 months. Of those trades, 1 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $NVTS stock by insiders over the last 6 months:
- RANBIR SINGH has made 1 purchase buying 18,645,603 shares for an estimated $163,894,850 and 1 sale selling 18,645,603 shares for an estimated $163,894,850.
- BRIAN LONG has made 0 purchases and 11 sales selling 5,437,218 shares for an estimated $38,814,252.
- TODD GLICKMAN (Sr. V.P., CFO & Treasurer) has made 0 purchases and 4 sales selling 274,965 shares for an estimated $2,584,832.
- EUGENE SHERIDAN (PRESIDENT & CEO) has made 0 purchases and 2 sales selling 238,668 shares for an estimated $1,789,619.
- GARY KENT JR WUNDERLICH sold 50,000 shares for an estimated $462,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NVTS Revenue
$NVTS had revenues of $10.1M in Q3 2025. This is a decrease of -53.36% from the same period in the prior year.
You can track NVTS financials on Quiver Quantitative's NVTS stock page.
$NVTS Hedge Fund Activity
We have seen 139 institutional investors add shares of $NVTS stock to their portfolio, and 123 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC removed 3,348,630 shares (-79.7%) from their portfolio in Q3 2025, for an estimated $24,177,108
- POINT72 ASSET MANAGEMENT, L.P. removed 3,283,525 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $21,507,088
- STATE STREET CORP added 3,280,959 shares (+81.9%) to their portfolio in Q3 2025, for an estimated $23,688,523
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 2,720,838 shares (+76.1%) to their portfolio in Q3 2025, for an estimated $19,644,450
- VANGUARD GROUP INC added 2,550,613 shares (+23.6%) to their portfolio in Q3 2025, for an estimated $18,415,425
- BANK OF AMERICA CORP /DE/ removed 2,073,319 shares (-63.8%) from their portfolio in Q3 2025, for an estimated $14,969,363
- INVESCO LTD. removed 1,881,778 shares (-58.7%) from their portfolio in Q3 2025, for an estimated $13,586,437
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NVTS Analyst Ratings
Wall Street analysts have issued reports on $NVTS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 08/26/2025
To track analyst ratings and price targets for $NVTS, check out Quiver Quantitative's $NVTS forecast page.
$NVTS Price Targets
Multiple analysts have issued price targets for $NVTS recently. We have seen 3 analysts offer price targets for $NVTS in the last 6 months, with a median target of $8.0.
Here are some recent targets:
- Kevin Cassidy from Rosenblatt set a target price of $8.0 on 11/10/2025
- N. Quinn Bolton from Needham set a target price of $13.0 on 11/04/2025
- Richard Shannon from Craig-Hallum set a target price of $6.0 on 08/05/2025
Full Release
TORRANCE, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), an industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC), today announced an expansion of its distribution agreement with Avnet (Nasdaq: AVT ), making Avnet a globally franchised strategic distribution partner for Navitas.
The deal is part of the ongoing consolidation of Navitas’ franchised distribution partners and represents a significant expansion of the company’s channel presence with Avnet, one of the world’s largest electronic component distributors. It follows Avnet Silica’s significant success in reaching European customers.
Under the terms of the partnership, Avnet will supply technical and commercial expertise for Navitas’ GaN and SiC, high-voltage and high-power wide bandgap semiconductor devices. This will better support the growth of AI data centers, high-performance computing, renewable energy, grid infrastructure, and industrial electrification.
This consolidation ensures customers benefit from both regional specialists such as Avnet Silica in Europe and, a globally aligned distribution framework with Avnet in all the geographies, giving fast, reliable access to Navitas products, as well as consistent technical support anywhere in the world.
“This builds considerably on the successful role that Avnet Silica has played in reaching and developing our strategically important European customers,” said Alessandro Squeri, Vice President Global distribution, Operations & Transformation, Navitas. “As we consolidate our distribution network to align with high-power market focus, expanding Avnet’s franchise globally was a natural next step, and their engineering expertise, global reach, and deep customer relationships make them an ideal partner to accelerate adoption of our GaN and SiC platforms worldwide.”
“The global expansion of the Avnet Silica partnership is testament to the strength of our teams in supporting customers in these demanding high-power markets,” said Alex Iuorio, Senior Vice President, Global Supplier Development, Avnet. “Navitas’ leadership in wide bandgap innovation aligns strongly with Avnet’s commitment to enabling advanced, energy-efficient solutions for our customers. We look forward to further extending this successful collaboration as customers drive the next wave of electrification and high-performance power design.”
For further information on the partnership and Navitas’ products, please visit
www.navitassemi.com
.
About Navitas
Navitas Semiconductor (Nasdaq: NVTS) is a next-generation power semiconductor leader in gallium nitride (GaN) and IC integrated devices, and high-voltage silicon carbide (SiC) technology, driving innovation across AI data centers, performance computing, energy and grid infrastructure, and industrial electrification. With more than 30 years of combined expertise in wide bandgap technologies, GaNFast™ power ICs integrate GaN power, drive, control, sensing, and protection, delivering faster power delivery, higher system density, and greater efficiency. GeneSiC™ high-voltage SiC devices leverage patented trench-assisted planar technology to provide industry-leading voltage capability, efficiency, and reliability for medium-voltage grid and infrastructure applications. Navitas has over 300 patents issued or pending and is the world’s first semiconductor company to be CarbonNeutral
®
-certified.
Navitas Semiconductor, GaNFast, GaNSense, GaNSafe, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited or affiliates. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.
Contact Information
Navitas Semiconductor
Vipin Bothra
[email protected]
Navitas Investor Contacts
Leanne Sievers | Brett Perry
Shelton Group
[email protected]
Cautionary Statement Regarding Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are attempts to predict or indicate future events or trends or similar statements that are not a reflection of historical fact. Forward-looking statements may be identified by the use of words such as “we expect” or “are expected to be,” “estimate,” “plan,” “project,” “forecast,” “intend,” “anticipate,” “believe,” “seek,” or other similar expressions. Forward-looking statements are made based on estimates and forecasts of financial and performance metrics, projections of market opportunity and market share and current indications of customer interest, all of which are based on various assumptions, whether or not identified in this press release. All such statements are based on current expectations of the management of Navitas and are not predictions of actual future performance. Forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions and expectations. Many actual events and circumstances that affect performance are beyond the control of Navitas and, forward-looking statements are subject to a number of uncertainties. Our businesses are subject to certain risks that could materially and adversely affect our respective business, financial condition, results of operations, or the value of our securities. For Navitas, these and other risk factors are discussed in the Risk Factors section beginning on p. 15 of our annual report on Form 10-K for the year ended December 31, 2024, as updated in the Risk Factors section of our most recent quarterly report on Form 10-Q, and in other documents we file with the SEC. If any of these risks, as discussed in more detail in our SEC reports, materialize or if our assumptions underlying forward-looking statements prove to be incorrect, actual results could differ materially from the results implied by these forward-looking statements.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7d61532-f20a-4d7a-92c9-29ac8f52f8b2