Concurrent Investment Advisors LLC Acquires 3,727 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• Concurrent Investment Advisors LLC increased its stake in NXP Semiconductors N.V. by 38.9%, acquiring 3,727 additional shares, bringing their total holdings to 13,314 shares valued at approximately $2.9 million.
• Several brokerages have raised their price targets for NXP Semiconductors, with KeyCorp upping its target from $240 to $275, reflecting growing analyst confidence in the stock.
• NXP Semiconductors recently reported $2.72 EPS for the quarter, surpassing analysts' expectations and demonstrating a net margin of 17.72%, despite a 6.4% year-over-year revenue decline.

Concurrent Investment Advisors LLC lifted its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 38.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,314 shares of the semiconductor provider's stock after purchasing an additional 3,727 shares during the period. Concurrent Investment Advisors LLC's holdings in NXP Semiconductors were worth $2,909,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fox Run Management L.L.C. boosted its position in NXP Semiconductors by 3.3% during the 1st quarter. Fox Run Management L.L.C. now owns 1,669 shares of the semiconductor provider's stock valued at $317,000 after buying an additional 54 shares during the period. AlphaCore Capital LLC boosted its position in NXP Semiconductors by 3.5% during the 1st 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 period. TFB Advisors LLC boosted its position in NXP Semiconductors by 4.9% during the 1st 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 period. Manchester Capital Management LLC boosted its position in NXP Semiconductors by 14.7% during the 1st 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 period. Finally, Oregon Public Employees Retirement Fund boosted its position in NXP Semiconductors by 0.3% during the 1st 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 period. Institutional investors own 90.54% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on NXPI. 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 research report on Tuesday, July 8th. Weiss Ratings reissued a "hold (c)" rating on shares of NXP Semiconductors in a research report on Wednesday, October 8th. TD Cowen dropped their target price on shares of NXP Semiconductors from $270.00 to $260.00 and set a "buy" rating for the company in a research report on Friday. UBS Group raised their target price on shares of NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Finally, Truist Financial raised their target price on shares of NXP Semiconductors from $230.00 to $252.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.06.

NXP Semiconductors Trading Up 5.5%

NASDAQ:NXPI opened at $216.70 on Tuesday. The company has a 50-day moving average price of $224.74 and a 200-day moving average price of $210.33. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $256.62. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99. The stock has a market cap of $54.63 billion, a price-to-earnings ratio of 25.83, a P/E/G ratio of 2.33 and a beta of 1.44.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued 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. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The company had revenue of $2.93 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same period last year, the company posted $3.20 EPS. NXP Semiconductors's revenue was down 6.4% on a year-over-year basis. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Equities analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Wednesday, September 17th were given a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Wednesday, September 17th. NXP Semiconductors's dividend payout ratio (DPR) is 48.39%.

Insider Activity at NXP Semiconductors

In related news, CFO William Betz sold 6,785 shares of NXP Semiconductors stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the completion of the transaction, the chief financial officer directly owned 1,520 shares of the company's stock, valued at $345,556.80. This trade represents a 81.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $216.21, for a total transaction of $216,210.00. Following the transaction, the executive vice president directly owned 6,828 shares of the company's stock, valued at approximately $1,476,281.88. This trade represents a 12.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,785 shares of company stock valued at $2,197,852 in the last three months. Company insiders own 0.12% of the company's stock.

NXP Semiconductors Profile

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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