NXP Semiconductors N.V. $NXPI Shares Sold by MetLife Investment Management LLC

Key Points

• MetLife Investment Management LLC reduced its holdings in NXP Semiconductors by 2.2%, owning 61,440 shares valued at approximately $11.68 million after selling 1,361 shares in the first quarter.
• A number of hedge funds have made significant stake changes in NXP Semiconductors, with Hemington Wealth Management increasing its stake by 50% and GoalVest Advisory LLC increasing its stake by 472.9%.
• Analysts have raised their target prices for NXP shares, with UBS Group setting a new target of $276.00, suggesting a consensus "buy" rating among research analysts.

MetLife Investment Management LLC reduced its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 2.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,440 shares of the semiconductor provider's stock after selling 1,361 shares during the period. MetLife Investment Management LLC's holdings in NXP Semiconductors were worth $11,677,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Fox Run Management L.L.C. lifted its stake in shares of 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 worth $317,000 after buying an additional 54 shares in the last quarter. AlphaCore Capital LLC raised its stake in NXP Semiconductors by 3.5% during the first quarter. AlphaCore Capital LLC now owns 1,635 shares of the semiconductor provider's stock worth $312,000 after purchasing an additional 55 shares during the period. TFB Advisors LLC raised its stake in NXP Semiconductors by 4.9% during the first quarter. TFB Advisors LLC now owns 1,203 shares of the semiconductor provider's stock worth $229,000 after purchasing an additional 56 shares during the period. Manchester Capital Management LLC raised its stake in NXP Semiconductors by 14.7% during the first quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor provider's stock worth $85,000 after purchasing an additional 57 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its stake in 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 worth $4,145,000 after purchasing an additional 58 shares during the period. 90.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NXP Semiconductors

In related news, President Rafael Sotomayor sold 2,000 shares of the firm'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 value of $439,140.00. Following 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO William Betz sold 6,785 shares of the firm's stock in a transaction that occurred 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 in the company, valued at $345,556.80. The trade was a 81.70% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 17,917 shares of company stock worth $4,082,002. Corporate insiders own 0.12% of the company's stock.

NXP Semiconductors Stock Performance

NXPI stock traded up $1.40 on Thursday, hitting $239.07. The company's stock had a trading volume of 1,615,746 shares, compared to its average volume of 2,651,797. The firm has a 50 day moving average of $223.56 and a two-hundred day moving average of $208.39. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $257.61. The stock has a market cap of $60.27 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 2.69 and a beta of 1.41. 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 announced 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. 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 during the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the prior year, the firm earned $3.20 EPS. NXP Semiconductors's quarterly revenue was down 6.4% on a year-over-year basis. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Equities analysts predict 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. Shareholders of record on Wednesday, September 17th will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. NXP Semiconductors's dividend payout ratio (DPR) is 48.39%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on NXPI shares. Truist Financial lifted their target price 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. Barclays lifted their target price on shares of NXP Semiconductors from $190.00 to $220.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 22nd. KGI Securities raised shares of NXP Semiconductors to a "strong-buy" rating in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. lifted their price target on shares of NXP Semiconductors from $205.00 to $240.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Finally, Susquehanna lifted their price target on shares of NXP Semiconductors from $195.00 to $210.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Two 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 MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $256.05.

About NXP Semiconductors

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.