Korea Investment CORP Has $25.82 Million Stake in NXP Semiconductors N.V. $NXPI

Key Points

• Korea Investment CORP has reduced its stake in NXP Semiconductors N.V. to 135,829 shares, valued at approximately $25.82 million, after selling 2,480 shares in the first quarter.
• Several institutional investors increased their positions in NXP, with notable raises from Alpha Family Trust (19.3%) and Brooklyn Investment Group (988.8%).
• Analysts have a generally positive outlook on NXP, with two giving a strong-buy rating and an average target price of $256.05 per share.

Korea Investment CORP trimmed its stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 1.8% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 135,829 shares of the semiconductor provider's stock after selling 2,480 shares during the quarter. Korea Investment CORP owned approximately 0.05% of NXP Semiconductors worth $25,816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NXPI. Brighton Jones LLC raised its stake in shares of NXP Semiconductors by 20.6% during the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider's stock valued at $265,000 after purchasing an additional 218 shares in the last quarter. GeoWealth Management LLC raised its stake in shares of NXP Semiconductors by 36.4% during the fourth quarter. GeoWealth Management LLC now owns 420 shares of the semiconductor provider's stock valued at $87,000 after purchasing an additional 112 shares in the last quarter. MML Investors Services LLC raised its stake in shares of NXP Semiconductors by 1.7% during the fourth quarter. MML Investors Services LLC now owns 21,495 shares of the semiconductor provider's stock valued at $4,468,000 after purchasing an additional 359 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of NXP Semiconductors by 377.9% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 411 shares of the semiconductor provider's stock valued at $85,000 after purchasing an additional 325 shares in the last quarter. Finally, Dark Forest Capital Management LP raised its holdings in NXP Semiconductors by 84.5% during the fourth quarter. Dark Forest Capital Management LP now owns 2,314 shares of the semiconductor provider's stock worth $481,000 after purchasing an additional 1,060 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on NXPI. Susquehanna boosted their target price on NXP Semiconductors from $195.00 to $210.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Stifel Nicolaus boosted their target price on NXP Semiconductors from $170.00 to $210.00 and gave the stock a "hold" rating in a report on Friday, July 18th. KeyCorp boosted 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. Barclays boosted their target price on NXP Semiconductors from $190.00 to $220.00 and gave the stock an "overweight" rating in a report on Tuesday, July 22nd. Finally, Citigroup upped their price target 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. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, NXP Semiconductors presently has a consensus rating of "Moderate Buy" and an average target price of $256.05.

Insider Activity

In other news, CFO William Betz sold 6,785 shares of the company's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $227.34, for a total value of $1,542,501.90. Following the transaction, the chief financial officer owned 1,520 shares in the company, valued at $345,556.80. This represents a 81.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Jennifer Wuamett sold 9,132 shares of the company's stock in a transaction dated 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 transaction, the executive vice president owned 27,088 shares in the company, valued at $6,230,240. This represents a 25.21% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,917 shares of company stock worth $4,082,002 in the last 90 days. Company insiders own 0.12% of the company's stock.

NXP Semiconductors Trading Up 0.8%

NASDAQ NXPI traded up $1.78 on Monday, hitting $236.61. 274,820 shares of the company were exchanged, compared to its average volume of 3,002,190. The company's 50 day moving average price is $221.60 and its 200-day moving average price is $207.61. 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 firm has a market capitalization of $59.65 billion, a P/E ratio of 28.20, a price-to-earnings-growth ratio of 2.66 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.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 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 quarter in the previous year, the company earned $3.20 EPS. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Analysts predict 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. Shareholders of record on Wednesday, June 25th were issued 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 presently 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.