Truvestments Capital LLC Buys 7,551 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• Truvestments Capital LLC increased its holdings in NXP Semiconductors by 57.4% during the first quarter, owning 20,700 shares valued at approximately $3.93 million.
• Various brokerages have raised their price targets for NXP Semiconductors, with Truist Financial increasing it from $230 to $252 and Evercore ISI raising it to $289.
• Insider trading activity included the sale of 2,000 shares by President Rafael Sotomayor and 6,785 shares by CFO William Betz within the last couple of months.

Truvestments Capital LLC increased its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 57.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 20,700 shares of the semiconductor provider's stock after buying an additional 7,551 shares during the period. Truvestments Capital LLC's holdings in NXP Semiconductors were worth $3,934,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Wellington Management Group LLP boosted its holdings in NXP Semiconductors by 11.7% in 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 buying an additional 1,330,474 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in NXP Semiconductors by 1.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 8,134,050 shares of the semiconductor provider's stock worth $1,545,958,000 after buying an additional 87,820 shares during the period. Invesco Ltd. boosted its holdings in NXP Semiconductors by 8.2% in the 1st quarter. Invesco Ltd. now owns 4,693,126 shares of the semiconductor provider's stock worth $891,975,000 after buying an additional 353,782 shares during the period. Pictet Asset Management Holding SA boosted its holdings 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 worth $858,902,000 after buying an additional 432,838 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings 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 worth $647,387,000 after buying an additional 567,831 shares during the period. Institutional investors own 90.54% of the company's stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI traded down $4.22 during mid-day trading on Friday, hitting $234.85. 2,250,744 shares of the company's stock traded hands, compared to its average volume of 2,596,251. The company's 50-day moving average is $224.08 and its two-hundred day moving average is $208.55. 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 company has a market capitalization of $59.21 billion, a P/E ratio of 27.99, a PEG ratio of 2.71 and a beta of 1.41. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $257.61.

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. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. 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 prior year, the company earned $3.20 EPS. The business's revenue was down 6.4% compared to the same quarter last year. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. On average, equities 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 announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Wednesday, September 17th. NXP Semiconductors's dividend payout ratio is currently 48.39%.

Analysts Set New Price Targets

NXPI has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of NXP Semiconductors from $205.00 to $240.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Cantor Fitzgerald reiterated an "overweight" rating and issued a $250.00 price target on shares of NXP Semiconductors in a research note on Tuesday, July 22nd. Susquehanna boosted their price target on shares of NXP Semiconductors from $195.00 to $210.00 and gave the stock a "neutral" 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 note on Wednesday, July 23rd. Finally, Barclays boosted their price target 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. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $256.05.

Insiders Place Their Bets

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of the company's stock in a transaction dated 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 directly owned 4,958 shares in the company, valued at $1,088,628.06. This represents a 28.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO William Betz sold 6,785 shares of the company'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 completion of the transaction, the chief financial officer owned 1,520 shares in the company, valued at $345,556.80. This represents a 81.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 17,917 shares of company stock worth $4,082,002 in the last three months. Corporate insiders own 0.12% of the company's stock.

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.