Legacy Financial Advisors Inc. Invests $239,000 in NXP Semiconductors N.V. $NXPI

Key Points

• Legacy Financial Advisors Inc. has acquired a new position in NXP Semiconductors valued at approximately $239,000 by purchasing 1,260 shares during the first quarter.
• Institutional investors hold 90.54% of NXP Semiconductors' stock, indicating strong institutional confidence in the company.
• NXP Semiconductors reported earnings of $2.72 per share for the last quarter, surpassing analysts' expectations, but showing a 6.4% year-over-year revenue decline.

Legacy Financial Advisors Inc. bought a new position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,260 shares of the semiconductor provider's stock, valued at approximately $239,000.

Other hedge funds also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC increased its position in NXP Semiconductors by 15.2% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,281 shares of the semiconductor provider's stock worth $1,004,000 after purchasing an additional 698 shares during the last quarter. Sowell Financial Services LLC acquired a new position in NXP Semiconductors in the 1st quarter worth about $320,000. Farther Finance Advisors LLC increased its position in NXP Semiconductors by 133.5% in the 1st quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider's stock worth $409,000 after purchasing an additional 1,231 shares during the last quarter. M&T Bank Corp increased its position in NXP Semiconductors by 14.5% in the 1st quarter. M&T Bank Corp now owns 7,436 shares of the semiconductor provider's stock worth $1,413,000 after purchasing an additional 943 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in NXP Semiconductors by 18.2% in the 1st quarter. Nisa Investment Advisors LLC now owns 12,653 shares of the semiconductor provider's stock worth $2,418,000 after purchasing an additional 1,951 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO William Betz sold 6,785 shares of NXP Semiconductors stock in a transaction that occurred 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 sale, the chief financial officer owned 1,520 shares of the company's stock, valued at approximately $345,556.80. This trade represents a 81.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jennifer Wuamett sold 9,132 shares of NXP Semiconductors stock in a transaction that occurred on 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 sale, the executive vice president directly owned 27,088 shares in the company, valued at $6,230,240. The trade was a 25.21% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,917 shares of company stock worth $4,082,002. 0.12% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on NXPI shares. The Goldman Sachs Group started coverage on NXP Semiconductors in a report on Thursday, July 10th. They set a "buy" rating and a $276.00 price objective on the stock. Barclays increased their price objective on NXP Semiconductors from $190.00 to $220.00 and gave the company an "overweight" rating in a report on Tuesday, July 22nd. KeyCorp increased their price objective on NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Evercore ISI reissued an "outperform" rating and set a $289.00 price objective (up previously from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. Finally, JPMorgan Chase & Co. increased their price objective on NXP Semiconductors from $205.00 to $240.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, NXP Semiconductors presently has an average rating of "Moderate Buy" and a consensus price target of $256.05.

NXP Semiconductors Stock Performance

NXP Semiconductors stock traded up $0.61 during mid-day trading on Tuesday, reaching $237.28. The company had a trading volume of 316,353 shares, compared to its average volume of 2,991,447. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. The firm has a market cap of $59.82 billion, a price-to-earnings ratio of 28.27, a PEG ratio of 2.66 and a beta of 1.41. The company has a 50 day moving average of $221.98 and a 200-day moving average of $207.77. NXP Semiconductors N.V. has a 52 week low of $148.09 and a 52 week 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. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The company had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the previous year, the firm posted $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, sell-side analysts expect that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, June 25th. This represents a $4.06 annualized dividend and a yield of 1.7%. NXP Semiconductors's dividend payout ratio is 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.