Core Insights - Navitas Semiconductor Corporation, a specialist in GaN power integrated circuits, experienced a significant insider sale by board member Gary Kent Wunderlich, who sold 128,300 shares for approximately $1.19 million amid a year of substantial share price increases [1][8]. Company Overview - Navitas Semiconductor Corporation has a market capitalization of $1.98 billion and reported a revenue of $56.60 million for the trailing twelve months (TTM), with a net income loss of $125 million [4]. - The company's stock price has increased by 149.71% over the past year, calculated as of December 11, 2025 [4]. Transaction Details - The insider sale involved 128,300 shares sold at a transaction value of $1.2 million, with a post-transaction direct ownership of 86,964 shares [2]. - Following the sale, Wunderlich's direct ownership stake decreased to 0.0404% of outstanding shares, while his indirect holdings remained unchanged at 1,263,000 shares [5]. Market Context - Navitas shares have surged due to increased interest in artificial intelligence, with the company shifting its focus towards the data center market, which has seen significant tech spending [9]. - The partnership with Nvidia, a leader in AI semiconductor chips, has contributed to the rise in Navitas stock, which reached a 52-week high of $17.79 in October [9]. Valuation Insights - Currently, Navitas stock is considered to be overvalued, with a price-to-sales ratio of approximately 30, suggesting that it may not be a prudent time for new investments [10].