Narwhal Capital Management Sells 1,860 Shares of NXP Semiconductors N.V. $NXPI

Narwhal Capital Management reduced its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 41.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,680 shares of the semiconductor provider's stock after selling 1,860 shares during the period. Narwhal Capital Management's holdings in NXP Semiconductors were worth $586,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brown Lisle Cummings Inc. raised its stake in NXP Semiconductors by 121.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider's stock valued at $33,000 after acquiring an additional 84 shares during the period. Hemington Wealth Management raised its stake in NXP Semiconductors by 50.0% in the 1st quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider's stock valued at $33,000 after acquiring an additional 59 shares during the period. Hilltop National Bank bought a new stake in NXP Semiconductors in the 2nd quarter valued at about $44,000. Valley National Advisers Inc. raised its stake in NXP Semiconductors by 118.9% in the 1st quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock valued at $43,000 after acquiring an additional 126 shares during the period. Finally, Rossby Financial LCC bought a new stake in shares of NXP Semiconductors during the first quarter valued at about $46,000. 90.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus upped their price target on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research report on Friday, July 18th. Barclays upped their price target on NXP Semiconductors from $190.00 to $220.00 and gave the company an "overweight" rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. upped their price target on NXP Semiconductors from $205.00 to $240.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Truist Financial upped their price target on NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Finally, Evercore ISI reiterated an "outperform" rating and set a $289.00 price target (up from $237.00) on shares of NXP Semiconductors in a research report on Thursday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average target price of $256.05.

NXP Semiconductors Stock Up 2.8%

Shares of NASDAQ NXPI opened at $225.64 on Thursday. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month 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. The firm has a market capitalization of $56.89 billion, a price-to-earnings ratio of 26.89, a PEG ratio of 2.49 and a beta of 1.44. The business has a 50-day moving average of $224.58 and a 200-day moving average of $210.01.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The semiconductor provider reported $2.72 EPS for the quarter, topping the consensus estimate of $2.66 by $0.06. NXP Semiconductors had a return on equity of 27.99% and a net margin of 17.72%.The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the firm earned $3.20 earnings per share. NXP Semiconductors's 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. Sell-side analysts expect that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

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

Insiders Place Their Bets

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total value of $439,140.00. Following the completion of the sale, the president owned 4,958 shares of the company's stock, valued at $1,088,628.06. This represents a 28.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO William Betz sold 6,785 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the chief financial officer directly owned 1,520 shares of the company's stock, valued at approximately $345,556.80. This represents a 81.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,785 shares of company stock valued at $2,197,852 over the last quarter. 0.12% of the stock is owned by corporate insiders.

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.

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.