NXP Semiconductors N.V. $NXPI Shares Purchased by Kayne Anderson Rudnick Investment Management LLC

Key Points

• Kayne Anderson Rudnick Investment Management LLC significantly increased its stake in NXP Semiconductors by 820.4%, acquiring an additional 3,372 shares, which brought their total holdings to 3,783 shares valued at approximately $719,000.
• Recent insider transactions include President Rafael Sotomayor selling 2,000 shares, reflecting a 28.74% decrease in his position, while EVP Jennifer Wuamett sold 9,132 shares, representing a 25.21% decline in her ownership.
• NXP Semiconductors has received positive ratings from analysts, with price targets being raised; Needham & Company now has a target of $250, and Wells Fargo has increased their price objective to $260.

Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 820.4% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 3,783 shares of the semiconductor provider's stock after purchasing an additional 3,372 shares during the period. Kayne Anderson Rudnick Investment Management LLC's holdings in NXP Semiconductors were worth $719,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Hemington Wealth Management boosted its stake in shares of NXP Semiconductors by 50.0% in the first quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider's stock worth $33,000 after acquiring an additional 59 shares during the last quarter. Valley National Advisers Inc. lifted its holdings in NXP Semiconductors by 118.9% in the first quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock valued at $43,000 after acquiring an additional 126 shares during the last quarter. Ameriflex Group Inc. acquired a new position in NXP Semiconductors in the fourth quarter valued at about $44,000. Rossby Financial LCC acquired a new position in NXP Semiconductors during the first quarter worth $46,000. Finally, GoalVest Advisory LLC lifted its stake in NXP Semiconductors by 472.9% during the 1st quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock worth $52,000 after acquiring an additional 227 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NXP Semiconductors

In related news, EVP Jennifer Wuamett sold 9,132 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total value of $2,100,360.00. Following the transaction, the executive vice president owned 27,088 shares in the company, valued at approximately $6,230,240. The trade was a 25.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Rafael Sotomayor sold 2,000 shares of the business'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 transaction, the president 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 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. Corporate insiders own 0.12% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on NXPI shares. Evercore ISI reiterated an "outperform" rating and set a $289.00 target price (up from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. Truist Financial lifted their price target on shares of NXP Semiconductors from $230.00 to $252.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus lifted their price target on NXP Semiconductors from $170.00 to $210.00 and gave the stock a "hold" rating in a research report on Friday, July 18th. KGI Securities raised shares of NXP Semiconductors to a "strong-buy" rating in a report on Wednesday, July 23rd. Finally, Susquehanna boosted their price objective on shares of NXP Semiconductors from $195.00 to $210.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Two 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 stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $256.05.

NXP Semiconductors Stock Down 1.8%

Shares of NASDAQ:NXPI traded down $4.22 during midday trading on Friday, hitting $234.85. 2,250,744 shares of the company's stock traded hands, compared to its average volume of 2,596,251. The firm's fifty day moving average price is $224.08 and its two-hundred day moving average price is $208.55. The company has a market cap of $59.21 billion, a PE ratio of 27.99, a P/E/G ratio of 2.71 and a beta of 1.41. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $257.61. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.20 and a current ratio of 1.74.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings data 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 company 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 firm's quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.20 earnings per share. 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 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th will be given a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, September 17th. NXP Semiconductors's payout ratio is presently 48.39%.

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.