Janney Montgomery Scott LLC Cuts Holdings in NXP Semiconductors N.V. $NXPI

Key Points

• Janney Montgomery Scott LLC reduced its holdings in NXP Semiconductors N.V. by 6.7% during Q2, now owning 224,641 shares valued at $49.08 million.
• Recent insider transactions include CFO William Betz selling 6,785 shares and EVP Andrew Micallef selling 1,000 shares, reflecting significant decreases in their positions.
• Several analysts have revised their price targets for NXP Semiconductors, with Citigroup setting a new target of $275.00 while giving the stock a "buy" rating.

Janney Montgomery Scott LLC reduced its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 6.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 224,641 shares of the semiconductor provider's stock after selling 16,241 shares during the period. Janney Montgomery Scott LLC owned 0.09% of NXP Semiconductors worth $49,082,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of NXP Semiconductors by 20.6% during the 4th quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider's stock worth $265,000 after acquiring an additional 218 shares in the last quarter. Parallel Advisors LLC increased its position in NXP Semiconductors by 8.7% in the first quarter. Parallel Advisors LLC now owns 1,891 shares of the semiconductor provider's stock worth $359,000 after purchasing an additional 151 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in NXP Semiconductors by 21.1% during the first quarter. Fifth Third Wealth Advisors LLC now owns 3,105 shares of the semiconductor provider's stock valued at $590,000 after purchasing an additional 542 shares in the last quarter. Rhumbline Advisers lifted its position in NXP Semiconductors by 2.8% during the first quarter. Rhumbline Advisers now owns 263,739 shares of the semiconductor provider's stock valued at $50,126,000 after purchasing an additional 7,288 shares during the last quarter. Finally, Merit Financial Group LLC grew its stake in shares of NXP Semiconductors by 8.6% in the 1st quarter. Merit Financial Group LLC now owns 1,881 shares of the semiconductor provider's stock worth $357,000 after buying an additional 149 shares in the last quarter. 90.54% of the stock is owned by institutional investors.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, CFO William Betz sold 6,785 shares of the firm's 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 $345,556.80. This trade represents a 81.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Andrew Micallef sold 1,000 shares of the company's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $216.21, for a total value of $216,210.00. Following the completion of the sale, the executive vice president owned 6,828 shares of the company's stock, valued at $1,476,281.88. This represents a 12.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,785 shares of company stock valued at $2,197,852. 0.12% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

NXPI has been the topic of several recent research reports. JPMorgan Chase & Co. upped their target price 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. Citigroup upped their price objective on NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a research report on Monday, July 7th. KeyCorp lifted their target price on NXP Semiconductors from $240.00 to $275.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Needham & Company LLC increased their price target on NXP Semiconductors from $225.00 to $250.00 and gave the company a "buy" rating in a report on Tuesday, July 22nd. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $250.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $256.05.

NXP Semiconductors Price Performance

NXPI opened at $227.73 on Wednesday. The business has a fifty day moving average of $224.39 and a 200 day moving average of $209.17. The stock has a market cap of $57.42 billion, a P/E ratio of 27.14, a PEG ratio of 2.56 and a beta of 1.43. 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 released its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.06. The business had revenue of $2.93 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the company earned $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 anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Wednesday, September 17th. NXP Semiconductors's dividend payout ratio is currently 48.39%.

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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