Traders Sell NXP Semiconductors N.V. (NXPI) on Strength (NXPI)
Traders sold shares of NXP Semiconductors N.V. (NASDAQ:NXPI) on strength during trading hours on Friday. $46.84 million flowed into the stock on the tick-up and $103.39 million flowed out of the stock on the tick-down, for a money net flow of $56.55 million out of the stock. Of all stocks tracked, NXP Semiconductors N.V. had the 0th highest net out-flow for the day. NXP Semiconductors N.V. traded up $0.27 for the day and closed at $113.95
Several analysts have issued reports on NXPI shares. BidaskClub raised NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Morgan Stanley raised their price objective on NXP Semiconductors N.V. from $110.00 to $117.50 and gave the company an “equal weight” rating in a report on Monday, August 7th. Zacks Investment Research cut NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a report on Wednesday. Stifel Nicolaus restated a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a report on Tuesday, July 4th. Finally, ValuEngine upgraded NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, eighteen have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $109.83.
The company has a 50-day moving average price of $112.71 and a 200-day moving average price of $109.08. The firm has a market capitalization of $28.69 billion, a price-to-earnings ratio of 20.24 and a beta of 0.88.
Large investors have recently bought and sold shares of the business. TCI Wealth Advisors Inc. increased its stake in NXP Semiconductors N.V. by 4.6% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock valued at $130,000 after buying an additional 52 shares during the last quarter. Picton Mahoney Asset Management purchased a new stake in NXP Semiconductors N.V. in the 2nd quarter valued at about $165,000. BT Investment Management Ltd purchased a new stake in NXP Semiconductors N.V. in the 2nd quarter valued at about $166,000. Commonwealth Bank of Australia increased its stake in NXP Semiconductors N.V. by 0.8% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,665 shares of the semiconductor provider’s stock valued at $181,000 after buying an additional 14 shares during the last quarter. Finally, RFG Advisory Group LLC purchased a new stake in NXP Semiconductors N.V. in the 2nd quarter valued at about $211,000. Hedge funds and other institutional investors own 78.88% of the company’s stock.
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NXP Semiconductors N.V. Company Profile
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.
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