Sheridan Eugene

CEO Sheridan Eugene sells 600,000 shares (54.5% of holdings) for $4.8M across 4 transactions at blended avg $7.94

Sheridan Eugene, President & CEO of Navitas Semiconductor, executed 4 separate sales totaling 600,000 shares for $4,763,671.40 on 2025-06-11 and 2025-06-13, reducing his holdings from 1,100,000 to 500,000 shares (a -54.5% reduction). The stock has recently surged 250.2% over 30 days and 192.8% over 90 days, now trading at $7.32, near its 52-week high of $8.09. Notably, this insider's prior trade history at NVTS shows a strong pattern: all 4 prior measurable sales resulted in negative 90-day returns, ranging from -14.6% to -19.1%, indicating well-timed exits before subsequent declines. However, the company faces fundamental headwinds—it posted negative net income of $-16,829,000.00 in the latest quarter against revenue of $14,018,000.00, and remains unprofitable on a full-year basis despite modest 4.8% annual revenue growth. The timing of this large disposition during a period of steep stock appreciation warrants close attention to whether the insider is acting ahead of operational or valuation deterioration.

NVTS CEO sells entire 2,155,783-share position ($9.7M) at $4.49; stock now $6.16, up 206.5% in 30 days

Sheridan Eugene, serving as President & CEO, sold 2,155,783 shares of Navitas Semiconductor Corp on 2025-05-23 at $4.49 per share for total value of $9,679,465.67, reducing his holdings to 0 shares—a complete exit from his position. The stock currently trades at $6.16 with dramatic 30-day appreciation of +206.5%, meaning the CEO divested at a significant discount to current market levels. His prior five trades at NVTS show a perfect 5 of 5 pattern of well-timed sells over the 90-day measurement window (negative returns ranged from -14.6% to -19.1%), and his cross-ticker track record across 8 prior sells achieved a 90-day well-timed rate of 100.00%, yet the current sale deviates from this pattern—the stock has risen rather than declined post-transaction. The company remains unprofitable (net income $-16,829,000.00 for the latest quarter) against quarterly revenue of $14,018,000.00, so the timing divergence raises questions about whether market conditions or valuation metrics have shifted relative to his historical decision-making pattern.

CEO Sheridan Eugene sells 912,000 shares (29.8% of holdings) at $3.03 across 3 days; stock down 65.8% from 52-week high

President & CEO Sheridan Eugene executed 3 separate sales totaling 912,000 shares for $2,766,038.62 on consecutive trading days (Aug 28-30, 2024) at a blended average price of $3.03. This represents a significant portfolio reduction, cutting his holdings from 3,061,631 shares to 2,149,631 shares. The timing is notable: his prior 5 sales at Navits all demonstrated negative 90-day returns (ranging from -13.3% to -37.4%), establishing a 100% well-timed rate at this ticker, and this current sale occurs as the stock trades at $3.02 current price, down 65.8% from its 52-week high of $8.83. The company is unprofitable with net income of $-22,328,000.00 against quarterly revenue of $20,468,000.00, though annual revenue growth was strong at +109.4%, suggesting operational expansion has not yet translated to profitability.