Crumly & Associates Inc. trimmed its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 57.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,097 shares of the semiconductor provider's stock after selling 1,471 shares during the quarter. Crumly & Associates Inc.'s holdings in NXP Semiconductors were worth $240,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Howard Financial Services LTD. raised its holdings in shares of NXP Semiconductors by 5.1% in the 2nd quarter. Howard Financial Services LTD. now owns 1,768 shares of the semiconductor provider's stock valued at $386,000 after purchasing an additional 85 shares in the last quarter. Jacobs & Co. CA raised its stake in NXP Semiconductors by 3.3% during the 2nd quarter. Jacobs & Co. CA now owns 25,730 shares of the semiconductor provider's stock worth $5,621,000 after acquiring an additional 815 shares in the last quarter. Cullen Investment Group LTD. raised its stake in NXP Semiconductors by 14.0% during the 2nd quarter. Cullen Investment Group LTD. now owns 11,903 shares of the semiconductor provider's stock worth $2,601,000 after acquiring an additional 1,458 shares in the last quarter. Voya Investment Management LLC raised its stake in NXP Semiconductors by 16.8% during the 1st quarter. Voya Investment Management LLC now owns 474,874 shares of the semiconductor provider's stock worth $90,255,000 after acquiring an additional 68,209 shares in the last quarter. Finally, Inspire Investing LLC raised its stake in NXP Semiconductors by 21.0% during the 1st quarter. Inspire Investing LLC now owns 10,499 shares of the semiconductor provider's stock worth $1,996,000 after acquiring an additional 1,823 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
NXPI has been the subject of a number of research reports. Barclays upped their target price on shares of NXP Semiconductors from $190.00 to $220.00 and gave the company an "overweight" rating in a report on Tuesday, July 22nd. Susquehanna lifted their target price 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. Citigroup lifted their target price on shares of NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a report on Monday, July 7th. Truist Financial lifted their target price on shares of NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Finally, Needham & Company LLC lifted their target price on shares of NXP Semiconductors from $225.00 to $250.00 and gave the company a "buy" rating in a report on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $256.05.
View Our Latest Stock Report on NXP Semiconductors
Insider Buying and Selling
In related news, EVP Jennifer Wuamett sold 9,132 shares of the business's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the transaction, the executive vice president owned 27,088 shares of the company's stock, valued at approximately $6,230,240. The trade was a 25.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President Rafael Sotomayor sold 2,000 shares of the business's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $219.57, for a total transaction of $439,140.00. Following the completion of the sale, the president directly owned 4,958 shares in the company, valued at $1,088,628.06. This trade represents a 28.74% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 17,917 shares of company stock valued at $4,082,002. 0.12% of the stock is owned by company insiders.
NXP Semiconductors Price Performance
NXPI opened at $218.82 on Friday. The company has a market cap of $55.17 billion, a P/E ratio of 26.08, a P/E/G ratio of 2.53 and a beta of 1.43. The company has a 50 day moving average of $224.90 and a two-hundred day moving average of $208.22. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. 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 posted its quarterly earnings data on Monday, July 21st. The semiconductor provider reported $2.72 EPS for the quarter, beating analysts' consensus estimates of $2.66 by $0.06. The firm 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%. The firm's revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.20 EPS. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. On average, analysts expect that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.
NXP Semiconductors Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th will be given a $1.014 dividend. The ex-dividend date of this dividend is Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.9%. NXP Semiconductors's dividend payout ratio (DPR) is currently 48.39%.
About NXP Semiconductors
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider NXP Semiconductors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NXP Semiconductors wasn't on the list.
While NXP Semiconductors currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
