Venturi Wealth Management LLC Sells 1,896 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• Venturi Wealth Management LLC reduced its stake in NXP Semiconductors by 32.5%, selling 1,896 shares during the second quarter, leaving them with 3,937 shares valued at approximately $860,000.
• NXP Semiconductors reported an EPS of $2.72 for the latest quarter, exceeding estimates, despite a 6.4% drop in year-over-year revenue.
• The company announced a quarterly dividend of $1.014 per share, representing an annualized dividend yield of 1.8%.

Venturi Wealth Management LLC trimmed its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 32.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 3,937 shares of the semiconductor provider's stock after selling 1,896 shares during the quarter. Venturi Wealth Management LLC's holdings in NXP Semiconductors were worth $860,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of NXPI. Fox Run Management L.L.C. boosted its holdings in NXP Semiconductors by 3.3% in the first quarter. Fox Run Management L.L.C. now owns 1,669 shares of the semiconductor provider's stock worth $317,000 after acquiring an additional 54 shares in the last quarter. AlphaCore Capital LLC boosted its position in shares of NXP Semiconductors by 3.5% during the first quarter. AlphaCore Capital LLC now owns 1,635 shares of the semiconductor provider's stock valued at $312,000 after buying an additional 55 shares during the last quarter. TFB Advisors LLC boosted its position in shares of NXP Semiconductors by 4.9% during the first quarter. TFB Advisors LLC now owns 1,203 shares of the semiconductor provider's stock valued at $229,000 after buying an additional 56 shares during the last quarter. Manchester Capital Management LLC boosted its position in shares of NXP Semiconductors by 14.7% during the first quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor provider's stock valued at $85,000 after buying an additional 57 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of NXP Semiconductors by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 21,810 shares of the semiconductor provider's stock valued at $4,145,000 after buying an additional 58 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $225.64 on Thursday. The business's fifty day simple moving average is $224.58 and its 200 day simple moving average is $210.01. The firm has a market capitalization of $56.89 billion, a P/E ratio of 26.89, a price-to-earnings-growth ratio of 2.49 and a beta of 1.44. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $256.62. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99.

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, beating the consensus estimate of $2.66 by $0.06. The firm 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%.The business's revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $3.20 earnings per share. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. As a group, analysts anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th were paid a $1.014 dividend. The ex-dividend date was Wednesday, September 17th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors's payout ratio is presently 48.39%.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of the business's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total value of $439,140.00. Following the sale, the president directly owned 4,958 shares in the company, valued at $1,088,628.06. The trade was a 28.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO William Betz sold 6,785 shares of the business's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $227.34, for a total value of $1,542,501.90. Following the completion of the sale, the chief financial officer owned 1,520 shares in the company, valued at approximately $345,556.80. The trade was a 81.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,785 shares of company stock worth $2,197,852 over the last ninety days. 0.12% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on NXP Semiconductors from $250.00 to $260.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. KeyCorp lifted their target price on NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Citigroup lifted their target price on NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Barclays lifted their target price on NXP Semiconductors from $190.00 to $220.00 and gave the company an "overweight" rating in a research report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. lifted their price target on NXP Semiconductors from $205.00 to $240.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $256.05.

About NXP Semiconductors

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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