Aberdeen Group plc Sells 60,357 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• Aberdeen Group plc reduced its stake in NXP Semiconductors by 12.2% after selling 60,357 shares, holding a total of 436,387 shares valued at approximately $95.4 million.
• Insider selling noted significant transactions, including CFO William Betz's sale of 6,785 shares worth about $1.54 million and EVP Andrew Micallef's sale of 1,000 shares valued at $216,210.
• Analysts remain optimistic about NXP Semiconductors, with numerous upgrades and a consensus target price of $257.06, indicating a strong potential for growth.

Aberdeen Group plc trimmed its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 12.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 436,387 shares of the semiconductor provider's stock after selling 60,357 shares during the quarter. Aberdeen Group plc owned 0.17% of NXP Semiconductors worth $95,388,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Blue Trust Inc. lifted its position in shares of NXP Semiconductors by 31.1% during the second quarter. Blue Trust Inc. now owns 2,162 shares of the semiconductor provider's stock worth $472,000 after purchasing an additional 513 shares during the last quarter. Thompson Investment Management Inc. lifted its position in shares of NXP Semiconductors by 0.7% during the second quarter. Thompson Investment Management Inc. now owns 43,918 shares of the semiconductor provider's stock worth $9,596,000 after purchasing an additional 306 shares during the last quarter. L. Roy Papp & Associates LLP lifted its position in shares of NXP Semiconductors by 3.7% during the second quarter. L. Roy Papp & Associates LLP now owns 21,300 shares of the semiconductor provider's stock worth $4,654,000 after purchasing an additional 755 shares during the last quarter. Brandywine Oak Private Wealth LLC bought a new stake in shares of NXP Semiconductors during the second quarter worth $229,000. Finally, 3Chopt Investment Partners LLC bought a new stake in shares of NXP Semiconductors during the second quarter worth $296,000. 90.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NXP Semiconductors

In other news, CFO William Betz sold 6,785 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the sale, the chief financial officer owned 1,520 shares in the company, valued at approximately $345,556.80. The trade was a 81.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of the business's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $216.21, for a total value of $216,210.00. Following the sale, the executive vice president owned 6,828 shares in the company, valued at $1,476,281.88. The trade was a 12.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,785 shares of company stock worth $2,197,852 over the last quarter. Insiders own 0.12% of the company's stock.

Analyst Ratings Changes

NXPI has been the subject of several research analyst reports. Barclays lifted their target price on NXP Semiconductors from $190.00 to $220.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 22nd. KGI Securities upgraded NXP Semiconductors to a "strong-buy" rating in a report on Wednesday, July 23rd. Citigroup lifted their price objective on NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a report on Monday, July 7th. TD Cowen decreased their price objective on NXP Semiconductors from $270.00 to $260.00 and set a "buy" rating for the company in a report on Friday. Finally, Stifel Nicolaus lifted their price objective on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $257.06.

NXP Semiconductors Price Performance

NXPI opened at $205.37 on Friday. The business's 50-day moving average is $224.64 and its two-hundred day moving average is $210.07. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $256.62. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.74 and a quick ratio of 1.20. The firm has a market capitalization of $51.78 billion, a PE ratio of 24.48, a price-to-earnings-growth ratio of 2.33 and a beta of 1.44.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.06. NXP Semiconductors had a return on equity of 27.99% and a net margin of 17.72%.The company had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the firm earned $3.20 earnings per share. The firm's quarterly revenue was down 6.4% compared to the same quarter last year. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Research analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th were paid a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 2.0%. The ex-dividend date was Wednesday, September 17th. NXP Semiconductors's payout ratio is 48.39%.

About NXP Semiconductors

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.

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