State of Alaska Department of Revenue Has $6.22 Million Position in NXP Semiconductors N.V. $NXPI

Key Points

• The State of Alaska Department of Revenue reduced its position in NXP Semiconductors by 4.4%, now holding shares worth $6.22 million.
• Several hedge funds have recently increased their stakes in NXP, with GAMMA Investing LLC notably raising its holdings by 26,732%.
• Analysts have provided positive forecasts for NXP Semiconductors, with price targets raised and a majority rating of "Moderate Buy" from various firms.

State of Alaska Department of Revenue reduced its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 4.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,453 shares of the semiconductor provider's stock after selling 1,310 shares during the period. State of Alaska Department of Revenue's holdings in NXP Semiconductors were worth $6,216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in NXP Semiconductors by 20.6% in the 4th quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider's stock valued at $265,000 after acquiring an additional 218 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in NXP Semiconductors by 19.9% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 596 shares of the semiconductor provider's stock valued at $113,000 after acquiring an additional 99 shares in the last quarter. GAMMA Investing LLC raised its holdings in NXP Semiconductors by 26,732.0% in the 1st quarter. GAMMA Investing LLC now owns 583,864 shares of the semiconductor provider's stock valued at $110,969,000 after acquiring an additional 581,688 shares in the last quarter. Parallel Advisors LLC raised its holdings in NXP Semiconductors by 8.7% in the 1st quarter. Parallel Advisors LLC now owns 1,891 shares of the semiconductor provider's stock valued at $359,000 after acquiring an additional 151 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its holdings in NXP Semiconductors by 21.1% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,105 shares of the semiconductor provider's stock valued at $590,000 after acquiring an additional 542 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NXP Semiconductors

In related news, EVP Jennifer Wuamett sold 9,132 shares of the business's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the sale, the executive vice president owned 27,088 shares in the company, valued at $6,230,240. The trade was a 25.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of the business's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $216.21, for a total value of $216,210.00. Following the sale, the executive vice president owned 6,828 shares in the company, valued at $1,476,281.88. This represents a 12.77% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,917 shares of company stock worth $4,298,212. 0.12% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

NXPI has been the subject of several analyst reports. KeyCorp lifted their price objective on NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Evercore ISI reaffirmed an "outperform" rating and issued a $289.00 price objective (up from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $250.00 price objective on shares of NXP Semiconductors in a report on Tuesday, July 22nd. Stifel Nicolaus lifted their price target on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research note on Friday, July 18th. Finally, Truist Financial lifted their price target on NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Two equities research 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 company presently has an average rating of "Moderate Buy" and an average price target of $256.05.

NXP Semiconductors Trading Down 0.3%

Shares of NXPI opened at $226.04 on Monday. The firm has a market cap of $56.99 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 2.56 and a beta of 1.43. NXP Semiconductors N.V. has a 52-week low of $148.09 and a 52-week high of $256.62. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.20 and a current ratio of 1.74. The business's fifty day moving average is $224.44 and its 200-day moving average is $208.90.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.66 by $0.06. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.90 billion. NXP Semiconductors had a return on equity of 27.99% and a net margin of 17.72%.NXP Semiconductors's quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.20 EPS. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Equities analysts anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Wednesday, September 17th will be given a dividend of $1.014 per share. The ex-dividend date is Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a yield of 1.8%. NXP Semiconductors's payout ratio is currently 48.39%.

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.

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