Richard J. Hendrix, a director at $NVTS, sold 1,300 shares on May 28, 2025, for an estimated $8,320, constituting approximately 1.8% of his holdings. Post-sale, he retains 69,739 shares of the company. This transaction is part of a broader trend, with $NVTS insiders engaging in 28 sales in the past six months, totaling 0 purchases.
Notably, key insider sales include Brian Long (4 sales, 3,034,158 shares for approximately $19.87 million) and Eugene Sheridan (2,155,783 shares for about $9.68 million). Concurrently, in the most recent quarter, 90 institutional investors increased their positions in $NVTS, while 81 reduced theirs.
Among significant institutional moves, Neuberger Berman divested 4,372,803 shares (-97.5%), while Bank of America added 2,553,871 shares (+206.9%). Analyst sentiment remains cautious, with no buy ratings and at least one sell rating issued recently by Morgan Stanley.
