Connor Clark & Lunn Investment Management Ltd. Lowers Stock Position in NXP Semiconductors N.V. $NXPI

Key Points

• Connor Clark & Lunn Investment Management Ltd. decreased its holdings in NXP Semiconductors by 43.6%, selling 8,575 shares, and now owns 11,095 shares worth approximately $2.1 million.
• Recent insider sales include EVP Jennifer Wuamett and CFO William Betz, who sold a combined total of 15,917 shares worth over $3.6 million, indicating a significant reduction in their respective positions.
• Analyst ratings on NXP Semiconductors have varied, with four analysts recommending a hold, while others have given buy ratings with price targets ranging from $210 to $276.

Connor Clark & Lunn Investment Management Ltd. lowered its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 43.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,095 shares of the semiconductor provider's stock after selling 8,575 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.'s holdings in NXP Semiconductors were worth $2,109,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hemington Wealth Management lifted its position in NXP Semiconductors by 50.0% during the first quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider's stock valued at $33,000 after buying an additional 59 shares during the period. Valley National Advisers Inc. lifted its position in NXP Semiconductors by 118.9% during the first quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock valued at $43,000 after buying an additional 126 shares during the period. Ameriflex Group Inc. purchased a new position in NXP Semiconductors during the fourth quarter valued at $44,000. Rossby Financial LCC purchased a new position in NXP Semiconductors during the first quarter valued at $46,000. Finally, GoalVest Advisory LLC lifted its position in NXP Semiconductors by 472.9% during the first quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock valued at $52,000 after buying an additional 227 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

Insiders Place Their Bets

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total value of $439,140.00. Following the transaction, the president directly owned 4,958 shares of the company's stock, valued at approximately $1,088,628.06. This trade represents a 28.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO William Betz sold 6,785 shares of the firm's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $227.34, for a total value of $1,542,501.90. Following the completion of the transaction, the chief financial officer directly owned 1,520 shares in the company, valued at $345,556.80. The trade was a 81.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,917 shares of company stock valued at $4,082,002. Insiders own 0.12% of the company's stock.

NXP Semiconductors Stock Performance

NASDAQ NXPI traded down $1.0230 during trading hours on Tuesday, hitting $230.9870. The company's stock had a trading volume of 362,419 shares, compared to its average volume of 3,007,659. The company has a market cap of $58.24 billion, a P/E ratio of 27.52, a price-to-earnings-growth ratio of 2.59 and a beta of 1.41. 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 company's 50 day simple moving average is $220.55 and its two-hundred day simple moving average is $207.05. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $259.74.

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

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 25th. NXP Semiconductors's dividend payout ratio (DPR) is presently 48.39%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Susquehanna raised their price objective on NXP Semiconductors from $195.00 to $210.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Evercore ISI reissued an "outperform" rating and set a $289.00 price objective (up previously from $237.00) on shares of NXP Semiconductors in a research report on Thursday, June 12th. Truist Financial raised their price target on NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. TD Cowen raised their price target on NXP Semiconductors from $185.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Finally, UBS Group raised their price target on NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus target price of $256.05.

NXP Semiconductors Company 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.