Capricorn Dumps 1.19 Million Navitas Semiconductor Shares Worth $11.4 Million

By Will Healy – Mar 3, 2026 at 9:38PM ESTKey PointsSold 1,188,884 shares of Navitas Semiconductor Corporation; estimated trade size $11.44 million based on quarterly average pricing.Quarter-end position value decreased by $9.22 million, reflecting both trading activity and share price movement.Transaction represented 1.38% of 13F reportable assets under management.Post-trade stake: 7,992,697 shares, valued at $57.07 million.Position now represents 6.91% of fund AUM, which makes Navitas its fifth-largest holding.Capricorn Investment Group LLC disclosed in a February 17, 2026, SEC filing that it sold shares of Navitas Semiconductor Corporation (NVTS 6.75%).What happenedAccording to a February 17, 2026, SEC filing, Capricorn Investment Group LLC trimmed its position in Navitas Semiconductor Corporation by 1,188,884 shares, for an estimated $11.44 million based on quarterly average pricing. The quarter-end value of the stake decreased by $9.22 million, which incorporates both the reduction in shares and price changes during the period. The fund now holds 7,992,697 shares, worth $57.07 million as of December 31, 2025.What else to knowTop holdings after the filing:NYSE:JOBY: $375.81 million (45.8% of AUM)NYSE:PL: $140.82 million (17.2% of AUM)NASDAQ:QS: $119.80 million (14.6% of AUM)NYSE:OTF: $78.91 million (9.6% of AUM)NASDAQ:NVTS: $57.07 million (6.9% of AUM)As of February 16, 2026, shares were priced at $8.30, up 176.7% over the past year, outperforming the S&P 500 by 164.91 percentage points.Company overviewMetricValuePrice (as of market close 2026-02-13)$8.30Market Capitalization$1.78 billionRevenue (TTM)$45.90 millionNet Income (TTM)($116.95 million)Company snapshotDesigns and sells gallium nitride (GaN) power integrated circuits, serving markets in China, the United States, Taiwan, Korea, and internationally.Generates revenue by developing advanced semiconductor solutions that improve power efficiency and performance in electronic devices.Serves a global customer base of electronics manufacturers seeking energy-efficient power management solutions.Navitas Semiconductor Corporation operates at scale in the semiconductor industry, focusing on innovative GaN power ICs that enable higher efficiency and compactness in power electronics. The company's strategy centers on leveraging proprietary technology to address the growing demand for energy-efficient solutions across global electronics markets. This approach positions Navitas as a technology leader in high-growth segments requiring advanced power management.What this transaction means for investorsNavitas Semiconductor is a long-term holding for Capricorn, having been in its first 13-F filing in the fourth quarter of 2021. Unfortunately, the stock slumped soon after the fund acquired it, and it likely has not generated any gains in this stock despite the long holding period.SEC filings do not reveal why a fund sells a stock. However, the fund possibly trimmed its position as its stock price spiked temporarily before pulling back.Also, as previously mentioned, it sold 13% of its Navitas holdings. That could be indicative of some profit-taking, especially since the stock still makes up 6.9% of the fund.ExpandNASDAQ: NVTSNavitas SemiconductorToday's Change(-6.75%) $-0.65Current Price$8.90Key Data PointsMarket Cap$2.2BDay's Range$8.69 - $9.2352wk Range$1.52 - $17.79Volume412KAvg Vol21MGross Margin-1021.21%It is also worth noting that Navitas is in a revenue slump as it transitions into a business-oriented toward data centers. Its 2025 revenue dropped 45% from 2024 levels.The fact that Capricorn continues to hold indicates a belief in this strategic pivot. Given the fast growth of the AI data center market, its patience in the semiconductor stock could eventually pay off.Read NextFeb 27, 2026 •By Lee SamahaHere's Why Navitas Semiconductor Shares Popped This WeekFeb 25, 2026 •By Billy DubersteinWhy Navitas Rocketed Higher TodayFeb 24, 2026 •By John BallardShould You Buy Navitas Semiconductor Stock Now?Feb 20, 2026 •By Micah ZimmermanWhere Will Navitas Semiconductor Be in 5 Years?Feb 1, 2026 •By Catie Hogan1 Prediction for NVTS in 2026Jan 22, 2026 •By Rick OrfordIs It Too Late to Buy Navitas Semiconductor After Its Big Run?About the AuthorWill Healy is a contributing Motley Fool stock market analyst covering technology and consumer goods industries.

Before The Motley Fool, Will was a freelance writer covering stocks and personal finance for MSN Money, Yahoo! Finance, and Nasdaq. Earlier in his career, he was an expert in geographic information systems, applying spatial and IT skills to perform RF and demographic analysis in the telecom industry. He holds a bachelor’s degree in journalism from Texas A&M University and an MBA in finance and strategy from the University of Texas at Dallas.TMFWillHealyX@HealyWritingStocks MentionedNavitas SemiconductorNASDAQ: NVTS$8.91(-6.75%)-$0.65Joby AviationNYSE: JOBY$9.76(-4.97%)-$0.51Planet Labs PBCNYSE: PL$25.23(-4.29%)-$1.13QuantumScapeNASDAQ: QS$6.54(-5.15%)-$0.36Blue Owl Technology FinanceNYSE: OTF$11.81(+1.46%)+$0.17*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.