NXP Semiconductors (NASDAQ:NXPI) EVP Sells $216,210.00 in Stock

Key Points

• Andrew Micallef, EVP of NXP Semiconductors, sold 1,000 shares at an average price of $216.21, reducing his ownership by 12.77%.
• NXP Semiconductors reported $2.72 EPS for the last quarter, beating analysts' expectations, although revenue decreased by 6.4% year-over-year.
• The company announced a quarterly dividend of $1.014 per share, resulting in a dividend yield of 1.8%.

NXP Semiconductors N.V. (NASDAQ:NXPI - Get Free Report) EVP Andrew Micallef sold 1,000 shares of the company's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $216.21, for a total value of $216,210.00. Following the transaction, the executive vice president directly owned 6,828 shares in the company, valued at approximately $1,476,281.88. The trade was a 12.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

NXP Semiconductors Stock Performance

Shares of NASDAQ:NXPI traded down $2.87 during midday trading on Friday, reaching $223.64. 522,671 shares of the company's stock traded hands, compared to its average volume of 2,928,039. The company has a market cap of $56.38 billion, a price-to-earnings ratio of 26.64, a P/E/G ratio of 2.52 and a beta of 1.43. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.20 and a current ratio of 1.74. NXP Semiconductors N.V. has a one year low of $148.09 and a one year high of $256.62. The stock has a 50 day moving average of $224.23 and a 200 day moving average of $208.29.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, beating analysts' consensus estimates of $2.66 by $0.06. The company had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.90 billion. NXP Semiconductors had a return on equity of 27.99% and a net margin of 17.72%.NXP Semiconductors's revenue was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.20 earnings per share. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. As a group, equities research 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 declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be given a $1.014 dividend. 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 dividend payout ratio is presently 48.39%.

Hedge Funds Weigh In On NXP Semiconductors

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NXPI. Vanguard Group Inc. lifted its stake in shares of NXP Semiconductors by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 13,350,245 shares of the semiconductor provider's stock valued at $2,916,895,000 after purchasing an additional 184,295 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of NXP Semiconductors by 11.7% during 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 acquiring an additional 1,330,474 shares during the last quarter. State Street Corp lifted its stake in shares of NXP Semiconductors by 0.7% during the 2nd quarter. State Street Corp now owns 10,934,800 shares of the semiconductor provider's stock worth $2,399,555,000 after acquiring an additional 71,892 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of NXP Semiconductors by 1.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 8,237,369 shares of the semiconductor provider's stock worth $1,799,783,000 after acquiring an additional 103,319 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of NXP Semiconductors by 3.8% during the 2nd quarter. Geode Capital Management LLC now owns 5,571,644 shares of the semiconductor provider's stock worth $1,212,425,000 after acquiring an additional 204,547 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NXPI. Susquehanna increased their target price on NXP Semiconductors from $195.00 to $210.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. increased their target price on NXP Semiconductors from $205.00 to $240.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Barclays increased their target price on NXP Semiconductors from $190.00 to $220.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 22nd. KGI Securities upgraded NXP Semiconductors to a "strong-buy" rating in a research report on Wednesday, July 23rd. Finally, Citigroup increased their target price on NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $256.05.

NXP Semiconductors Company 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.