NXP Semiconductors N.V. $NXPI Shares Newly Bought by Apollon Wealth Management LLC

Key Points

• Apollon Wealth Management initiated a position in NXP Semiconductors, buying 4,657 shares valued at approximately $1.1 million. Institutional investors collectively own 90.54% of NXPI.
• NXP exceeded third-quarter expectations with adjusted EPS of $4.20 and revenue of $3.79 billion, up 19.3% year over year. However, fourth-quarter revenue guidance of about $3.85 billion was slightly below Wall Street expectations.
• The company authorized an additional $5 billion share buyback and maintains a quarterly dividend yielding about 1.6%. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $295.78.

Apollon Wealth Management LLC acquired a new position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,657 shares of the semiconductor provider's stock, valued at approximately $1,106,000.

A number of other institutional investors also recently made changes to their positions in NXPI. BlackRock Inc. purchased a new stake in NXP Semiconductors during the 2nd quarter valued at about $6,716,412,000. State Street Corp grew its holdings in shares of NXP Semiconductors by 6.4% in the second quarter. State Street Corp now owns 11,699,143 shares of the semiconductor provider's stock worth $3,298,932,000 after purchasing an additional 702,099 shares during the last quarter. Bank of America Corp DE bought a new position in shares of NXP Semiconductors in the second quarter worth approximately $1,169,846,000. Van ECK Associates Corp purchased a new position in shares of NXP Semiconductors in the second quarter worth $1,167,458,000. Finally, Jupiter Topco LLC purchased a new position in shares of NXP Semiconductors in the second quarter worth $742,385,000. Hedge funds and other institutional investors own 90.54% of the company's stock.

NXP Semiconductors Price Performance

NXPI opened at $259.61 on Friday. The firm has a market cap of $65.43 billion, a PE ratio of 21.08, a P/E/G ratio of 0.90 and a beta of 1.80. The stock has a 50-day moving average price of $232.97 and a 200-day moving average price of $246.09. NXP Semiconductors N.V. has a 1 year low of $183.00 and a 1 year high of $339.95. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.12 and a quick ratio of 1.36.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The semiconductor provider reported $4.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.12 by $0.08. The firm had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.76 billion. NXP Semiconductors had a net margin of 23.40% and a return on equity of 28.57%. The business's quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the firm posted $3.11 EPS. Sell-side analysts predict that NXP Semiconductors N.V. will post 13.80 earnings per share for the current fiscal year.

NXP Semiconductors announced that its board has initiated a share buyback program on Tuesday, October 27th that permits the company to buy back $5 billion in outstanding shares. This repurchase authorization permits the semiconductor provider to buy shares of its stock through open market purchases. Share repurchase programs are usually an indication that the company's management believes its shares are undervalued.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Wednesday, September 16th were issued a $1.0140 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.06 dividend on an annualized basis and a yield of 1.6%. NXP Semiconductors's payout ratio is currently 34.64%.

Insider Buying and Selling

In related news, EVP Christopher L. Jensen sold 3,355 shares of the firm's stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $240.00, for a total transaction of $805,200.00. Following the completion of the transaction, the executive vice president directly owned 288 shares of the company's stock, valued at approximately $69,120. This trade represents a 92.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $226.04, for a total transaction of $226,040.00. Following the transaction, the executive vice president directly owned 7,942 shares of the company's stock, valued at $1,795,209.68. This trade represents a 11.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by insiders.

Key NXP Semiconductors News

Here are the key news stories impacting NXP Semiconductors this week:

• Positive Sentiment: NXP reported third-quarter adjusted EPS of $4.20 and revenue of $3.79 billion, exceeding consensus estimates. Revenue increased 19.3% year over year, supported by broad-based growth in automotive and industrial markets. The 5 most interesting analyst questions from NXP Semiconductors’s Q3 earnings call
• Positive Sentiment: Management highlighted double-digit growth across every geographic region and identified software-defined vehicles, industrial applications and data centers as longer-term growth drivers. Data-center revenue is expected to exceed $500 million in 2026, with potential to surpass $1 billion in coming years. NXPI Q3 deep dive
• Positive Sentiment: The company added $5 billion to its share-repurchase authorization, bringing total capacity to approximately $6.3 billion—roughly 9.5% of its market capitalization—and indicated that buybacks could accelerate beginning in the fourth quarter. 3 Tech Stocks Boosting Buyback Capacity
• Neutral Sentiment: Analyst views remain divided. Needham and Oppenheimer maintained bullish ratings, while Wells Fargo kept a Hold rating. Truist retained a Buy rating but lowered its target to $300 from $310, and Stifel also cut its target. Truist adjusts price target
• Negative Sentiment: Fourth-quarter revenue guidance of approximately $3.85 billion came in slightly below Wall Street expectations. That cautious outlook overshadowed the earnings beat and raised concerns about near-term automotive and industrial demand. NXP falls after strong earnings
• Negative Sentiment: Broader semiconductor weakness, including concerns about the sustainability of AI investment and auto-chip demand, is adding pressure to NXPI’s valuation despite its longer-term data-center opportunity. Auto chip demand fears

Analyst Ratings Changes

Several equities research analysts have weighed in on NXPI shares. Truist Financial dropped their price objective on NXP Semiconductors from $310.00 to $300.00 and set a "buy" rating for the company in a report on Wednesday. Needham & Company LLC reissued a "buy" rating and set a $300.00 target price on shares of NXP Semiconductors in a research note on Wednesday. Susquehanna upped their price objective on shares of NXP Semiconductors from $210.00 to $250.00 and gave the stock a "neutral" rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. raised their target price on shares of NXP Semiconductors from $295.00 to $300.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Finally, Wells Fargo & Company lifted their price objective on NXP Semiconductors from $235.00 to $245.00 and gave the company an "equal weight" rating in a research report on Wednesday. Sixteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $295.78.

About NXP Semiconductors

NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.

Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.

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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.