Prospera Financial Services Inc cut its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) by 24.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,397 shares of the semiconductor provider’s stock after selling 2,970 shares during the quarter. Prospera Financial Services Inc’s holdings in NXP Semiconductors were worth $2,048,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in NXP Semiconductors by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 13,612,546 shares of the semiconductor provider’s stock worth $2,954,739,000 after buying an additional 293,558 shares in the last quarter. Wellington Management Group LLP lifted its position in NXP Semiconductors by 11.9% during the third quarter. Wellington Management Group LLP now owns 12,583,718 shares of the semiconductor provider’s stock worth $2,865,690,000 after buying an additional 1,333,920 shares in the last quarter. State Street Corp lifted its position in NXP Semiconductors by 0.5% during the third quarter. State Street Corp now owns 10,988,061 shares of the semiconductor provider’s stock worth $2,512,283,000 after buying an additional 53,261 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in NXP Semiconductors by 1.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,849,741 shares of the semiconductor provider’s stock worth $1,703,865,000 after buying an additional 121,419 shares in the last quarter. Finally, Invesco Ltd. lifted its position in NXP Semiconductors by 3.2% during the third quarter. Invesco Ltd. now owns 4,755,687 shares of the semiconductor provider’s stock worth $1,083,013,000 after buying an additional 147,192 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.
NXP Semiconductors Trading Down 1.0%
NASDAQ NXPI opened at $329.24 on Thursday. The stock has a market capitalization of $83.12 billion, a P/E ratio of 31.51, a PEG ratio of 1.20 and a beta of 1.77. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.24 and a quick ratio of 1.55. NXP Semiconductors N.V. has a 12 month low of $183.00 and a 12 month high of $339.95. The firm’s 50-day moving average is $242.83 and its two-hundred day moving average is $228.94.
NXP Semiconductors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Wednesday, March 25th were given a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $4.06 dividend on an annualized basis and a yield of 1.2%. NXP Semiconductors’s payout ratio is presently 38.76%.
Insider Buying and Selling at NXP Semiconductors
In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $194.58, for a total value of $194,580.00. Following the completion of the transaction, the executive vice president directly owned 9,942 shares of the company’s stock, valued at $1,934,514.36. The trade was a 9.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Christopher L. Jensen sold 4,576 shares of NXP Semiconductors stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $234.03, for a total value of $1,070,921.28. Following the completion of the transaction, the executive vice president directly owned 5,389 shares of the company’s stock, valued at approximately $1,261,187.67. This represents a 45.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 10,865 shares of company stock valued at $2,508,416 in the last three months. 0.12% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
NXPI has been the topic of a number of analyst reports. KeyCorp lifted their price objective on NXP Semiconductors from $300.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Wolfe Research raised their price objective on shares of NXP Semiconductors from $270.00 to $320.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Barclays raised their price objective on shares of NXP Semiconductors from $295.00 to $340.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Truist Financial raised their price objective on shares of NXP Semiconductors from $255.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, NXP Semiconductors has an average rating of “Moderate Buy” and an average price target of $294.25.
Get Our Latest Analysis on NXP Semiconductors
Key NXP Semiconductors News
Here are the key news stories impacting NXP Semiconductors this week:
- Positive Sentiment: NXP was highlighted as a strong momentum name and a potentially better automotive chip pick than ON Semiconductor, reinforcing the bullish case around its automotive and embedded semiconductor franchises.
- Positive Sentiment: A product collaboration involving AISIN’s driver monitoring systems noted NXP’s i.MX 9 series as part of the software and hardware stack, underscoring continued relevance in automotive AI and safety applications. AISIN Selects Green Hills Software for Its AI-Powered Driver Monitoring Systems
- Neutral Sentiment: NXPI also drew attention from a long-term investing article showing how an early $1,000 investment would have grown over a decade, which is more of a sentiment piece than a near-term stock driver.
- Neutral Sentiment: The company presented at TD Cowen’s Technology, Media & Telecom Conference, but no major new financial guidance or operational update was highlighted in the available summary.
- Negative Sentiment: Recent market coverage emphasized that NXPI declined despite broader market gains, suggesting investors may be taking profits or pausing after a strong move in the shares. NXP Semiconductors (NXPI) Stock Drops Despite Market Gains: Important Facts to Note
NXP Semiconductors Company Profile
NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.
Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.
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