MBB Public Markets I LLC Buys Shares of 1,496 NXP Semiconductors N.V. $NXPI

Key Points

• MBB Public Markets I LLC purchased 1,496 shares of NXP Semiconductors, valued at approximately $284,000, marking a significant investment in the semiconductor sector.
• NXP Semiconductors reported earnings per share (EPS) of $2.72 for the latest quarter, exceeding estimates, despite a 6.4% decline in year-over-year revenue.
• The company announced a quarterly dividend of $1.014 per share, yielding 1.8%, with the ex-dividend date set for September 17th.

MBB Public Markets I LLC bought a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,496 shares of the semiconductor provider's stock, valued at approximately $284,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Fox Run Management L.L.C. lifted its stake in NXP Semiconductors by 3.3% in the first quarter. Fox Run Management L.L.C. now owns 1,669 shares of the semiconductor provider's stock valued at $317,000 after buying an additional 54 shares during the last quarter. AlphaCore Capital LLC raised its stake in shares of NXP Semiconductors by 3.5% during the first quarter. AlphaCore Capital LLC now owns 1,635 shares of the semiconductor provider's stock valued at $312,000 after purchasing an additional 55 shares in the last quarter. TFB Advisors LLC raised its stake in shares of NXP Semiconductors by 4.9% during the first quarter. TFB Advisors LLC now owns 1,203 shares of the semiconductor provider's stock valued at $229,000 after purchasing an additional 56 shares in the last quarter. Manchester Capital Management LLC raised its stake in shares of NXP Semiconductors by 14.7% during the first quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor provider's stock valued at $85,000 after purchasing an additional 57 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in shares of NXP Semiconductors by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 21,810 shares of the semiconductor provider's stock valued at $4,145,000 after purchasing an additional 58 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock opened at $223.21 on Friday. The company's 50-day moving average price is $225.17 and its two-hundred day moving average price is $208.29. The stock has a market cap of $56.27 billion, a PE ratio of 26.60, a price-to-earnings-growth ratio of 2.49 and a beta of 1.43. NXP Semiconductors N.V. has a 52 week low of $148.09 and a 52 week high of $256.62. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99.

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. As a group, sell-side analysts anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be issued a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.8%. The ex-dividend date is Wednesday, September 17th. NXP Semiconductors's payout ratio is presently 48.27%.

Insiders Place Their Bets

In other NXP Semiconductors news, CFO William Betz sold 6,785 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $345,556.80. The trade was a 81.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 sale, 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 position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 17,917 shares of company stock worth $4,082,002. Company insiders own 0.12% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of NXP Semiconductors from $205.00 to $240.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Needham & Company LLC lifted their price objective on shares of NXP Semiconductors from $225.00 to $250.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. KGI Securities upgraded shares of NXP Semiconductors to a "strong-buy" rating in a research note on Wednesday, July 23rd. Wells Fargo & Company boosted their price target on shares of NXP Semiconductors from $250.00 to $260.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Finally, The Goldman Sachs Group started coverage on shares of NXP Semiconductors in a research report on Thursday, July 10th. They issued a "buy" rating and a $276.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average target price of $256.05.

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.

Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.