NXP Semiconductors N.V. (NASDAQ:NXPI) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. decreased its stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 22.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,287 shares of the semiconductor provider's stock after selling 1,782 shares during the period. Atria Wealth Solutions Inc.'s holdings in NXP Semiconductors were worth $1,196,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in NXP Semiconductors by 20.6% in the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider's stock worth $265,000 after acquiring an additional 218 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of NXP Semiconductors by 5.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 15,155 shares of the semiconductor provider's stock valued at $3,157,000 after purchasing an additional 811 shares in the last quarter. Sagespring Wealth Partners LLC bought a new position in shares of NXP Semiconductors in the fourth quarter valued at approximately $1,432,000. Advisors Capital Management LLC lifted its holdings in shares of NXP Semiconductors by 5.1% in the fourth quarter. Advisors Capital Management LLC now owns 2,594 shares of the semiconductor provider's stock valued at $539,000 after purchasing an additional 127 shares in the last quarter. Finally, Summit Investment Advisors Inc. lifted its holdings in shares of NXP Semiconductors by 3.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 10,562 shares of the semiconductor provider's stock valued at $2,195,000 after purchasing an additional 317 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Price Performance

NASDAQ:NXPI traded up $1.64 on Thursday, reaching $232.16. 1,996,036 shares of the company's stock traded hands, compared to its average volume of 3,018,335. 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 stock has a 50-day simple moving average of $219.26 and a 200-day simple moving average of $206.74. The firm has a market cap of $58.53 billion, a PE ratio of 27.67, a P/E/G ratio of 2.49 and a beta of 1.41. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $259.74.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its earnings results 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 return on equity of 27.99% and a net margin of 17.72%. The firm had revenue of $2.93 billion for the quarter, compared to analysts' expectations of $2.90 billion. During the same period in the previous year, the firm posted $3.20 earnings per share. The business's revenue was down 6.4% compared to the same quarter last year. Equities research analysts forecast that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th were paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, June 25th. NXP Semiconductors's payout ratio is presently 48.39%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Stifel Nicolaus raised their target price on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a report on Friday, July 18th. UBS Group boosted their target price on NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Susquehanna lifted their price target on NXP Semiconductors from $195.00 to $210.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Evercore ISI reiterated an "outperform" rating and issued a $289.00 price target (up from $237.00) on shares of NXP Semiconductors in a research report on Thursday, June 12th. Finally, Needham & Company LLC boosted their target price on NXP Semiconductors from $225.00 to $250.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Four analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $256.05.

Insiders Place Their Bets

In other news, CFO William Betz sold 6,785 shares of the 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 sale, the chief financial officer directly owned 1,520 shares in the company, valued at approximately $345,556.80. This represents a 81.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Jennifer Wuamett sold 9,132 shares of the 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 completion of the transaction, the executive vice president directly owned 27,088 shares in the company, valued at approximately $6,230,240. This trade represents a 25.21% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,917 shares of company stock valued at $4,082,002 over the last ninety days. 0.12% of the stock is owned by 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.