LifePlan Financial LLC Purchases 3,267 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• LifePlan Financial LLC increased its holdings in NXP Semiconductors by 77.8%, purchasing an additional 3,267 shares, bringing their total to 7,465 shares valued at approximately $1.63 million.
• Other hedge funds, including Wellington Management and Ameriprise Financial, have also significantly increased their stakes in NXP Semiconductors during the first quarter, indicating strong institutional interest.
• NXP Semiconductors reported a solid performance in its latest earnings, beating estimates with $2.72 EPS and revenue of $2.93 billion, although its revenue declined by 6.4% compared to the previous year.

LifePlan Financial LLC grew its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 77.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,465 shares of the semiconductor provider's stock after purchasing an additional 3,267 shares during the quarter. NXP Semiconductors comprises about 1.4% of LifePlan Financial LLC's investment portfolio, making the stock its 21st largest position. LifePlan Financial LLC's holdings in NXP Semiconductors were worth $1,631,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of NXPI. Wellington Management Group LLP lifted its holdings in NXP Semiconductors by 11.7% during the 1st quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider's stock worth $2,419,662,000 after purchasing an additional 1,330,474 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of NXP Semiconductors by 1.1% in the first quarter. Massachusetts Financial Services Co. MA now owns 8,134,050 shares of the semiconductor provider's stock valued at $1,545,958,000 after buying an additional 87,820 shares during the period. Invesco Ltd. lifted its stake in shares of NXP Semiconductors by 8.2% in the 1st quarter. Invesco Ltd. now owns 4,693,126 shares of the semiconductor provider's stock valued at $891,975,000 after purchasing an additional 353,782 shares during the period. Pictet Asset Management Holding SA increased its position in NXP Semiconductors by 10.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,519,132 shares of the semiconductor provider's stock valued at $858,902,000 after buying an additional 432,838 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in NXP Semiconductors by 20.0% in the 1st quarter. Ameriprise Financial Inc. now owns 3,404,587 shares of the semiconductor provider's stock valued at $647,387,000 after buying an additional 567,831 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors.

Insider Activity at NXP Semiconductors

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $219.57, for a total transaction of $439,140.00. Following the completion of the transaction, the president owned 4,958 shares in the company, valued at $1,088,628.06. The trade was a 28.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO William Betz sold 6,785 shares of the company's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the completion of the transaction, the chief financial officer owned 1,520 shares of the company's stock, valued at approximately $345,556.80. The trade was a 81.70% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,917 shares of company stock worth $4,082,002. Corporate insiders own 0.12% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on NXPI. KeyCorp upped their target price on NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Truist Financial boosted their target price on NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Wells Fargo & Company raised their price objective on shares of NXP Semiconductors from $250.00 to $260.00 and gave the stock an "overweight" rating in a report on Wednesday, July 23rd. Susquehanna boosted their price objective on shares of NXP Semiconductors from $195.00 to $210.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Finally, Evercore ISI restated an "outperform" rating and issued a $289.00 price objective (up from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. Two 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $256.05.

NXP Semiconductors Trading Up 0.2%

Shares of NXP Semiconductors stock opened at $219.27 on Tuesday. The stock has a market cap of $55.28 billion, a PE ratio of 26.13, a price-to-earnings-growth ratio of 2.48 and a beta of 1.43. 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 fifty day moving average price of $224.76 and a 200 day moving average price of $208.04. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $256.62.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.06. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The company's revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter last year, the business earned $3.20 earnings per share. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Equities research analysts predict that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Wednesday, September 17th will be issued a $1.014 dividend. The ex-dividend date is Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.8%. NXP Semiconductors's 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.

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