NXP Semiconductors (NASDAQ:NXPI) President Rafael Sotomayor Sells 2,000 Shares

Key Points

• Rafael Sotomayor, President of NXP Semiconductors, sold 2,000 shares at an average price of $219.57, resulting in a 28.74% decrease in his stock position, leaving him with 4,958 shares.
• NXP Semiconductors reported $2.72 EPS for the last quarter, exceeding estimates, but saw a 6.4% decline in revenue year-over-year.
• The company recently announced a quarterly dividend of $1.014 per share, representing an annualized yield of 1.8% and a current payout ratio of 48.39%.

NXP Semiconductors N.V. (NASDAQ:NXPI - Get Free Report) President Rafael Sotomayor sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The stock was 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

NXP Semiconductors Stock Down 0.7%

Shares of NASDAQ:NXPI traded down $1.6820 during trading on Tuesday, reaching $230.3280. 616,669 shares of the company traded hands, compared to its average volume of 3,009,370. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. NXP Semiconductors N.V. has a 1-year low of $148.09 and a 1-year high of $259.74. The firm has a fifty day simple moving average of $220.55 and a 200 day simple moving average of $207.05. The firm has a market cap of $58.07 billion, a P/E ratio of 27.49, a price-to-earnings-growth ratio of 2.59 and a beta of 1.41.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its quarterly earnings data 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 business had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. 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 business earned $3.20 EPS. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, June 25th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors's payout ratio is presently 48.39%.

Analysts Set New Price Targets

NXPI has been the subject of several recent research reports. Truist Financial increased their price target on shares of NXP Semiconductors from $230.00 to $252.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Needham & Company LLC raised their price objective on shares of NXP Semiconductors from $225.00 to $250.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. UBS Group raised their price objective on shares of NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $250.00 price objective on shares of NXP Semiconductors in a report on Tuesday, July 22nd. Finally, Stifel Nicolaus raised their price objective on shares of NXP Semiconductors from $170.00 to $210.00 and gave the stock a "hold" rating in a report on Friday, July 18th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $256.05.

Hedge Funds Weigh In On NXP Semiconductors

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in NXP Semiconductors in the second quarter worth $453,050,000. Wellington Management Group LLP raised its holdings in NXP Semiconductors by 11.7% in the first quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider's stock worth $2,419,662,000 after purchasing an additional 1,330,474 shares during the period. Nuveen LLC acquired a new stake in NXP Semiconductors in the first quarter worth $219,878,000. Boston Partners raised its holdings in NXP Semiconductors by 73.6% in the second quarter. Boston Partners now owns 2,086,769 shares of the semiconductor provider's stock worth $454,862,000 after purchasing an additional 884,403 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its holdings in NXP Semiconductors by 33.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,342,675 shares of the semiconductor provider's stock worth $635,310,000 after purchasing an additional 839,113 shares during the period. 90.54% of the stock is owned by institutional investors.

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.