572,399 Shares of NXP Semiconductors N.V. $NXPI Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) in the third quarter, HoldingsChannel reports. The fund purchased 572,399 shares of the semiconductor provider’s stock, valued at approximately $135,962,000.

A number of other institutional investors have also recently made changes to their positions in NXPI. Profund Advisors LLC bought a new stake in shares of NXP Semiconductors in the 3rd quarter valued at approximately $7,499,000. ProShare Advisors LLC bought a new position in shares of NXP Semiconductors during the 3rd quarter valued at approximately $75,638,000. Vise Technologies Inc. increased its position in shares of NXP Semiconductors by 12.6% during the 3rd quarter. Vise Technologies Inc. now owns 6,629 shares of the semiconductor provider’s stock valued at $1,575,000 after purchasing an additional 740 shares during the last quarter. Invera Wealth Advisors LLC purchased a new stake in NXP Semiconductors during the 3rd quarter valued at $1,461,000. Finally, MGO One Seven LLC purchased a new stake in NXP Semiconductors during the 3rd quarter valued at $3,500,000. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Trading Down 2.4%

Shares of NASDAQ NXPI opened at $259.61 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.36 and a current ratio of 2.12. The business’s 50 day moving average price is $232.97 and its 200-day moving average price is $246.09. NXP Semiconductors N.V. has a fifty-two week low of $183.00 and a fifty-two week high of $339.95. The company has a market cap of $65.43 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 0.88 and a beta of 1.80.

NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The semiconductor provider reported $4.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.08. NXP Semiconductors had a return on equity of 28.57% and a net margin of 23.40%. The company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the previous year, the business earned $3.11 EPS. NXP Semiconductors’s revenue was up 19.3% compared to the same quarter last year. On average, sell-side analysts expect that NXP Semiconductors N.V. will post 13.79 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th were given a dividend of $1.0140 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Wednesday, September 16th. NXP Semiconductors’s dividend payout ratio (DPR) is 31.92%.

NXP Semiconductors declared that its Board of Directors has approved a share buyback program on Tuesday, October 27th that authorizes the company to buy back $5 billion in shares. This repurchase authorization authorizes the semiconductor provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. TD Cowen raised their price target on NXP Semiconductors from $275.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday. Morgan Stanley cut their price objective on shares of NXP Semiconductors from $338.00 to $313.00 and set an “overweight” rating on the stock in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and issued a $300.00 target price on shares of NXP Semiconductors in a research note on Wednesday. Truist Financial lowered their target price on shares of NXP Semiconductors from $310.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $290.00 target price (up from $270.00) on shares of NXP Semiconductors in a report on Wednesday, July 29th. Sixteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.78.

View Our Latest Research Report on NXPI

Key Headlines Impacting NXP Semiconductors

Here are the key news stories impacting NXP Semiconductors this week:

  • Positive Sentiment: NXP reported third-quarter adjusted EPS of $4.20 and revenue of $3.79 billion, exceeding consensus estimates. Revenue increased 19.3% year over year, supported by broad-based growth in automotive and industrial markets. The 5 most interesting analyst questions from NXP Semiconductors’s Q3 earnings call
  • Positive Sentiment: Management highlighted double-digit growth across every geographic region and identified software-defined vehicles, industrial applications and data centers as longer-term growth drivers. Data-center revenue is expected to exceed $500 million in 2026, with potential to surpass $1 billion in coming years. NXPI Q3 deep dive
  • Positive Sentiment: The company added $5 billion to its share-repurchase authorization, bringing total capacity to approximately $6.3 billion—roughly 9.5% of its market capitalization—and indicated that buybacks could accelerate beginning in the fourth quarter. 3 Tech Stocks Boosting Buyback Capacity
  • Neutral Sentiment: Analyst views remain divided. Needham and Oppenheimer maintained bullish ratings, while Wells Fargo kept a Hold rating. Truist retained a Buy rating but lowered its target to $300 from $310, and Stifel also cut its target. Truist adjusts price target
  • Negative Sentiment: Fourth-quarter revenue guidance of approximately $3.85 billion came in slightly below Wall Street expectations. That cautious outlook overshadowed the earnings beat and raised concerns about near-term automotive and industrial demand. NXP falls after strong earnings
  • Negative Sentiment: Broader semiconductor weakness, including concerns about the sustainability of AI investment and auto-chip demand, is adding pressure to NXPI’s valuation despite its longer-term data-center opportunity. Auto chip demand fears

Insider Buying and Selling at NXP Semiconductors

In related news, EVP Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $226.04, for a total value of $226,040.00. Following the transaction, the executive vice president owned 7,942 shares of the company’s stock, valued at $1,795,209.68. This trade represents a 11.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 3,355 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $240.00, for a total transaction of $805,200.00. Following the completion of the transaction, the executive vice president directly owned 288 shares in the company, valued at $69,120. This represents a 92.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by company insiders.

NXP Semiconductors Company Profile

(Free Report)

NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.

Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.

Further Reading

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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