Canandaigua National Bank & Trust Co. Purchases 1,266 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• Canandaigua National Bank & Trust Co. increased its holdings in NXP Semiconductors by 32.4%, acquiring an additional 1,266 shares during the second quarter, bringing its total ownership to 5,174 shares valued at approximately $1.13 million.
• Insider transactions revealed a significant decrease in ownership for executives like EVP Jennifer Wuamett and President Rafael Sotomayor, who sold 9,132 and 2,000 shares, respectively, totaling over $2.5 million.
• NXP Semiconductors reported earnings of $2.72 per share for the last quarter, exceeding analysts' estimates, despite experiencing a 6.4% revenue decline compared to the same quarter last year.

Canandaigua National Bank & Trust Co. lifted its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 32.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,174 shares of the semiconductor provider's stock after purchasing an additional 1,266 shares during the quarter. Canandaigua National Bank & Trust Co.'s holdings in NXP Semiconductors were worth $1,130,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in NXPI. Fox Run Management L.L.C. increased its stake in shares of NXP Semiconductors by 3.3% during the first quarter. Fox Run Management L.L.C. now owns 1,669 shares of the semiconductor provider's stock valued at $317,000 after purchasing an additional 54 shares in the last quarter. AlphaCore Capital LLC grew its holdings in shares of NXP Semiconductors by 3.5% during the first quarter. AlphaCore Capital LLC now owns 1,635 shares of the semiconductor provider's stock valued at $312,000 after buying an additional 55 shares during the last quarter. TFB Advisors LLC grew its holdings in shares of NXP Semiconductors by 4.9% during the first quarter. TFB Advisors LLC now owns 1,203 shares of the semiconductor provider's stock valued at $229,000 after buying an additional 56 shares during the last quarter. Manchester Capital Management LLC grew its holdings in shares of NXP Semiconductors by 14.7% during the first quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor provider's stock valued at $85,000 after buying an additional 57 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in shares of NXP Semiconductors by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 21,810 shares of the semiconductor provider's stock valued at $4,145,000 after buying an additional 58 shares during the last quarter. Institutional investors own 90.54% of the company's stock.

Insiders Place Their Bets

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 9,132 shares of NXP Semiconductors 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 of the company's stock, valued at $6,230,240. This trade represents a 25.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, President Rafael Sotomayor sold 2,000 shares of NXP Semiconductors stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total transaction of $439,140.00. Following the completion of the transaction, the president directly owned 4,958 shares of the company's stock, valued at $1,088,628.06. The trade was a 28.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 17,917 shares of company stock valued at $4,082,002 in the last three months. Corporate insiders own 0.12% of the company's stock.

NXP Semiconductors Stock Performance

Shares of NASDAQ NXPI opened at $219.27 on Tuesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.20 and a current ratio of 1.74. The company has a market cap of $55.28 billion, a P/E ratio of 26.13, a P/E/G ratio of 2.48 and a beta of 1.43. The firm's fifty day moving average is $224.76 and its two-hundred day moving average is $208.04. NXP Semiconductors N.V. has a 52-week low of $148.09 and a 52-week high of $256.62.

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

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Wednesday, September 17th. NXP Semiconductors's dividend payout ratio (DPR) is presently 48.39%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. KeyCorp increased their price target on shares of NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Citigroup raised their target price on shares of NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Susquehanna raised their target price on shares of NXP Semiconductors from $195.00 to $210.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. raised their target price on shares of NXP Semiconductors from $205.00 to $240.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Finally, Barclays lifted their price target on shares of NXP Semiconductors from $190.00 to $220.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, NXP Semiconductors currently has a consensus rating of "Moderate Buy" and an average price target of $256.05.

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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