Brooklyn Investment Group Purchases 1,592 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• Brooklyn Investment Group increased its stake in NXP Semiconductors by 988.8% in Q1, owning 1,753 shares valued at $333,000.
• Insider trading activity includes EVP Jennifer Wuamett selling 9,132 shares, representing a 25.21% decrease in her ownership.
• Analysts have raised their price targets for NXP Semiconductors, with KeyCorp and Citigroup both setting new targets of $275.00 and maintaining positive ratings.

Brooklyn Investment Group grew its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 988.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,753 shares of the semiconductor provider's stock after acquiring an additional 1,592 shares during the period. Brooklyn Investment Group's holdings in NXP Semiconductors were worth $333,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in NXPI. Massachusetts Financial Services Co. MA lifted its holdings in NXP Semiconductors by 1.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 8,134,050 shares of the semiconductor provider's stock worth $1,545,958,000 after purchasing an additional 87,820 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of NXP Semiconductors by 8.2% in the first quarter. Invesco Ltd. now owns 4,693,126 shares of the semiconductor provider's stock worth $891,975,000 after buying an additional 353,782 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in shares of NXP Semiconductors by 10.6% during the first quarter. Pictet Asset Management Holding SA now owns 4,519,132 shares of the semiconductor provider's stock worth $858,902,000 after acquiring an additional 432,838 shares during the last quarter. Ameriprise Financial Inc. grew its stake in NXP Semiconductors by 14.4% during the fourth quarter. Ameriprise Financial Inc. now owns 2,836,756 shares of the semiconductor provider's stock valued at $589,622,000 after acquiring an additional 357,309 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in NXP Semiconductors by 16.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,671,388 shares of the semiconductor provider's stock valued at $555,248,000 after acquiring an additional 377,048 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company's stock.

Insider Transactions at NXP Semiconductors

In related news, CFO William Betz sold 6,785 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the chief financial officer directly owned 1,520 shares of the company's stock, valued at approximately $345,556.80. This trade represents a 81.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jennifer Wuamett sold 9,132 shares of the company's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $230.00, for a total value of $2,100,360.00. Following the completion of the transaction, the executive vice president directly owned 27,088 shares in the company, valued at $6,230,240. This trade represents a 25.21% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,917 shares of company stock worth $4,082,002. 0.12% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have commented on NXPI. Susquehanna increased their price objective on shares of NXP Semiconductors from $195.00 to $210.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. TD Cowen lifted their price objective on NXP Semiconductors from $185.00 to $210.00 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. Wells Fargo & Company increased their target price on NXP Semiconductors from $250.00 to $260.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Needham & Company LLC boosted their price target on shares of NXP Semiconductors from $225.00 to $250.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Finally, The Goldman Sachs Group initiated coverage on shares of NXP Semiconductors in a research note on Thursday, July 10th. They set a "buy" rating and a $276.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $256.05.

NXP Semiconductors Trading Up 4.9%

NASDAQ NXPI traded up $10.90 on Friday, hitting $234.83. 2,993,968 shares of the stock were exchanged, compared to its average volume of 2,723,165. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.20 and a current ratio of 1.74. NXP Semiconductors N.V. has a 52-week low of $148.09 and a 52-week high of $257.61. The firm has a market capitalization of $59.20 billion, a P/E ratio of 27.99, a P/E/G ratio of 2.66 and a beta of 1.41. The stock has a fifty day moving average price of $221.60 and a two-hundred day moving average price of $207.67.

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

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were paid a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.7%. NXP Semiconductors's dividend payout ratio is currently 48.27%.

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.