T. Rowe Price Investment Management Inc. Sells 979,951 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• T. Rowe Price Investment Management Inc. has reduced its stake in NXP Semiconductors N.V. by 27.8%, now holding over 2.5 million shares valued at approximately $483 million.
• Other institutional investors have also adjusted their positions, with Hemington Wealth Management and Valley National Advisers Inc. significantly increasing their investments in the semiconductor company during the first quarter.
• NXP Semiconductors reported an earnings per share (EPS) of $2.72, beating expectations, despite a 6.4% year-over-year revenue decline.

T. Rowe Price Investment Management Inc. lowered its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 27.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,541,798 shares of the semiconductor provider's stock after selling 979,951 shares during the quarter. T. Rowe Price Investment Management Inc. owned approximately 1.01% of NXP Semiconductors worth $483,095,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. GDS Wealth Management boosted its stake in shares of NXP Semiconductors by 8.9% in the 1st quarter. GDS Wealth Management now owns 64,589 shares of the semiconductor provider's stock valued at $12,276,000 after purchasing an additional 5,281 shares during the last quarter. Capital Analysts LLC grew its position in shares of NXP Semiconductors by 21.3% during the 1st quarter. Capital Analysts LLC now owns 2,350 shares of the semiconductor provider's stock worth $446,000 after buying an additional 412 shares during the period. Groupama Asset Managment raised its position in shares of NXP Semiconductors by 32.9% in the 1st quarter. Groupama Asset Managment now owns 1,357 shares of the semiconductor provider's stock valued at $258,000 after acquiring an additional 336 shares during the period. Van Lanschot Kempen Investment Management N.V. raised its position in shares of NXP Semiconductors by 44.7% in the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,730,255 shares of the semiconductor provider's stock valued at $328,852,000 after acquiring an additional 534,404 shares during the period. Finally, Legacy Financial Advisors Inc. acquired a new position in NXP Semiconductors during the first quarter valued at approximately $239,000. Institutional investors own 90.54% of the company's stock.

Insider Transactions at NXP Semiconductors

In related news, EVP Jennifer Wuamett sold 9,132 shares of the firm's stock in a transaction on Wednesday, July 2nd. The shares were 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 of the company's stock, valued at approximately $6,230,240. This trade represents a 25.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Rafael Sotomayor sold 2,000 shares of the firm's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $219.57, for a total transaction of $439,140.00. Following the completion of the transaction, the president directly 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 disclosure for this sale can be found here. Insiders sold 17,917 shares of company stock valued at $4,082,002 in the last ninety days. 0.12% of the stock is currently owned by corporate insiders.

NXP Semiconductors Stock Up 4.9%

NXPI stock traded up $10.90 during mid-day trading on Friday, hitting $234.83. 2,993,968 shares of the company were exchanged, compared to its average volume of 2,723,165. 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 firm has a market cap of $59.21 billion, a P/E ratio of 27.99, a P/E/G ratio of 2.54 and a beta of 1.41. The firm's 50 day simple moving average is $221.60 and its 200 day simple moving average is $207.71. 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 issued its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.06. The company had revenue of $2.93 billion during the quarter, compared to analysts' expectations of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The business's quarterly revenue was down 6.4% on a year-over-year basis. During the same period last year, the business earned $3.20 EPS. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. On average, sell-side analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

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

Wall Street Analyst Weigh In

NXPI has been the topic of a number of recent analyst reports. Citigroup lifted their price target on shares of NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Cantor Fitzgerald reiterated an "overweight" rating and set a $250.00 target price on shares of NXP Semiconductors in a report on Tuesday, July 22nd. KGI Securities upgraded NXP Semiconductors to a "strong-buy" rating in a report on Wednesday, July 23rd. UBS Group raised their price target on NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Finally, Needham & Company LLC raised their price target on NXP Semiconductors from $225.00 to $250.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Two 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. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $256.05.

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.