Credit Agricole S A Lowers Holdings in NXP Semiconductors N.V. $NXPI

Key Points

• Credit Agricole S A sold 23,930 shares of NXP Semiconductors, reducing its holdings by 19.6%, leaving it with 98,173 shares valued at approximately $18.66 million.
• Multiple institutional investors increased their stakes in NXP, with Wellington Management raising its investment by 11.7% and Voloridge Investment Management increasing its stake by an impressive 131.4%.
• NXP Semiconductors reported an earnings per share (EPS) of $2.72 for the last quarter, surpassing analyst expectations, despite a 6.4% decline in revenue compared to the previous year.

Credit Agricole S A trimmed its stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 19.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 98,173 shares of the semiconductor provider's stock after selling 23,930 shares during the period. Credit Agricole S A's holdings in NXP Semiconductors were worth $18,659,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP boosted its position in NXP Semiconductors by 11.7% during the 1st quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider's stock valued at $2,419,662,000 after acquiring an additional 1,330,474 shares in the last quarter. Nuveen LLC bought a new stake in shares of NXP Semiconductors during the first quarter valued at approximately $219,878,000. Voloridge Investment Management LLC grew its stake in NXP Semiconductors by 131.4% in the fourth quarter. Voloridge Investment Management LLC now owns 1,025,517 shares of the semiconductor provider's stock worth $213,154,000 after purchasing an additional 582,317 shares during the period. GAMMA Investing LLC grew its stake in NXP Semiconductors by 26,732.0% in the first quarter. GAMMA Investing LLC now owns 583,864 shares of the semiconductor provider's stock worth $110,969,000 after purchasing an additional 581,688 shares during the period. Finally, Van Lanschot Kempen Investment Management N.V. lifted its position in NXP Semiconductors by 44.7% during the first quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,730,255 shares of the semiconductor provider's stock valued at $328,852,000 after buying an additional 534,404 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

Wall Street Analysts Forecast Growth

NXPI has been the topic of a number of recent research reports. Stifel Nicolaus upped their target price on shares of NXP Semiconductors from $170.00 to $210.00 and gave the stock a "hold" rating in a research report on Friday, July 18th. KeyCorp upped their price objective on shares of NXP Semiconductors from $240.00 to $275.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. UBS Group lifted their target price on shares of NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. JPMorgan Chase & Co. upped their price target on NXP Semiconductors from $205.00 to $240.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Finally, Wells Fargo & Company raised their price objective on NXP Semiconductors from $250.00 to $260.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Two investment 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 company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $256.05.

Insider Buying and Selling at NXP Semiconductors

In related news, CFO William Betz sold 6,785 shares of NXP Semiconductors stock in a transaction 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 transaction, the chief financial officer directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Rafael Sotomayor sold 2,000 shares of the company'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 completion of the sale, the president owned 4,958 shares of the company's stock, valued at approximately $1,088,628.06. The trade was a 28.74% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders 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 up $10.90 during trading hours on Friday, hitting $234.83. The company's stock had a trading volume of 2,993,968 shares, compared to its average volume of 2,723,165. 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 has a market cap of $59.20 billion, a P/E ratio of 27.99, a price-to-earnings-growth ratio of 2.66 and a beta of 1.41. The company's 50 day simple moving average is $221.60 and its two-hundred day simple moving average is $207.67. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $257.61.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter was down 6.4% on a year-over-year basis. During the same period in the previous year, the business 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 firm also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.7%. The ex-dividend date was Wednesday, June 25th. NXP Semiconductors's payout ratio is 48.27%.

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.