NXP Semiconductors N.V. $NXPI Shares Sold by HighTower Advisors LLC

Key Points

• HighTower Advisors LLC significantly reduced its stake in NXP Semiconductors N.V. by 58%, selling 116,262 shares and now holding 84,027 shares valued at approximately $15.97 million.
• Several analysts have upgraded their price targets for NXP Semiconductors, with Citigroup and KeyCorp setting new targets of $275.00 and reaffirming a strong buy sentiment.
• NXP Semiconductors reported earnings of $2.72 per share for the last quarter, exceeding estimates and generating revenues of $2.93 billion, despite a year-over-year revenue decline of 6.4%.

HighTower Advisors LLC lessened its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 58.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,027 shares of the semiconductor provider's stock after selling 116,262 shares during the quarter. HighTower Advisors LLC's holdings in NXP Semiconductors were worth $15,970,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in NXPI. Hemington Wealth Management boosted its holdings in NXP Semiconductors by 50.0% in the first quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider's stock valued at $33,000 after acquiring an additional 59 shares during the last quarter. Ameriflex Group Inc. bought a new position in NXP Semiconductors in the fourth quarter valued at approximately $44,000. Valley National Advisers Inc. boosted its stake in shares of NXP Semiconductors by 118.9% during the 1st quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock worth $43,000 after acquiring an additional 126 shares during the period. Rossby Financial LCC bought a new position in shares of NXP Semiconductors during the 1st quarter worth approximately $46,000. Finally, GoalVest Advisory LLC boosted its stake in NXP Semiconductors by 472.9% in the 1st quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock valued at $52,000 after purchasing an additional 227 shares during the period. Institutional investors own 90.54% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. UBS Group upped their target price on NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Needham & Company LLC upped their target price on shares of NXP Semiconductors from $225.00 to $250.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. The Goldman Sachs Group started coverage on shares of NXP Semiconductors in a report on Thursday, July 10th. They set a "buy" rating and a $276.00 price objective on the stock. JPMorgan Chase & Co. increased their price target on shares of NXP Semiconductors from $205.00 to $240.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Finally, Citigroup raised their price target on NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.05.

Insider Activity

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of NXP Semiconductors stock in a transaction that occurred on 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 in the company, valued at approximately $1,088,628.06. This trade represents a 28.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Jennifer Wuamett sold 9,132 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president directly owned 27,088 shares of the company's stock, valued at $6,230,240. This represents a 25.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,917 shares of company stock valued at $4,082,002 in the last quarter. Insiders own 0.12% of the company's stock.

NXP Semiconductors Trading Down 1.7%

Shares of NASDAQ NXPI traded down $3.8520 during trading hours on Thursday, hitting $224.9180. 1,011,032 shares of the company traded hands, compared to its average volume of 3,012,866. The company's 50 day moving average price is $220.99 and its 200 day moving average price is $207.35. The stock has a market capitalization of $56.71 billion, a price-to-earnings ratio of 26.82, a price-to-earnings-growth ratio of 2.60 and a beta of 1.41. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99. 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 posted its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.66 by $0.06. NXP Semiconductors had a return on equity of 27.99% and a net margin of 17.72%.The business had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the prior year, the company earned $3.20 EPS. The business's revenue was down 6.4% compared to the same quarter last year. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. On average, equities research analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a yield of 1.8%. NXP Semiconductors's dividend payout ratio (DPR) is presently 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.