NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Signaturefd LLC

Signaturefd LLC lessened its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,750 shares of the semiconductor provider’s stock after selling 175 shares during the period. Signaturefd LLC’s holdings in NXP Semiconductors were worth $1,140,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NXPI. Ballentine Partners LLC grew its stake in NXP Semiconductors by 8.7% during the 1st quarter. Ballentine Partners LLC now owns 985 shares of the semiconductor provider’s stock valued at $244,000 after acquiring an additional 79 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in NXP Semiconductors by 14.6% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 6,230 shares of the semiconductor provider’s stock valued at $1,544,000 after acquiring an additional 792 shares in the last quarter. Atlas Capital Advisors LLC grew its stake in NXP Semiconductors by 127.0% during the 1st quarter. Atlas Capital Advisors LLC now owns 252 shares of the semiconductor provider’s stock valued at $62,000 after acquiring an additional 141 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new stake in NXP Semiconductors during the 1st quarter valued at about $25,000. Finally, Wealthcare Advisory Partners LLC grew its stake in NXP Semiconductors by 8.4% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 3,902 shares of the semiconductor provider’s stock valued at $967,000 after acquiring an additional 304 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Insider Buying and Selling at NXP Semiconductors

In related news, insider Julie Southern bought 146 shares of the company’s stock in a transaction dated Tuesday, July 30th. The shares were acquired at an average price of $257.54 per share, with a total value of $37,600.84. Following the completion of the acquisition, the insider now owns 11,297 shares in the company, valued at approximately $2,909,429.38. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Jennifer Wuamett sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of $232.35, for a total value of $813,225.00. Following the transaction, the executive vice president now owns 30,269 shares of the company’s stock, valued at approximately $7,033,002.15. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Julie Southern bought 146 shares of the company’s stock in a transaction dated Tuesday, July 30th. The stock was bought at an average cost of $257.54 per share, for a total transaction of $37,600.84. Following the acquisition, the insider now owns 11,297 shares of the company’s stock, valued at approximately $2,909,429.38. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.11% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

NXPI has been the subject of several analyst reports. TD Cowen dropped their price target on shares of NXP Semiconductors from $330.00 to $310.00 and set a “buy” rating for the company in a research note on Wednesday, July 24th. UBS Group raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and increased their price target for the company from $275.00 to $285.00 in a research note on Monday, October 7th. The Goldman Sachs Group dropped their price target on shares of NXP Semiconductors from $285.00 to $277.00 in a research note on Friday, October 11th. Truist Financial dropped their price target on shares of NXP Semiconductors from $291.00 to $287.00 and set a “buy” rating for the company in a research note on Wednesday, July 24th. Finally, Morgan Stanley dropped their price target on shares of NXP Semiconductors from $275.00 to $271.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $288.90.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $236.32 on Thursday. The company has a current ratio of 2.21, a quick ratio of 1.52 and a debt-to-equity ratio of 1.04. NXP Semiconductors has a twelve month low of $167.21 and a twelve month high of $296.08. The stock has a 50 day moving average of $238.88 and a two-hundred day moving average of $252.76. The stock has a market cap of $60.42 billion, a P/E ratio of 21.82, a P/E/G ratio of 2.53 and a beta of 1.49.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, July 22nd. The semiconductor provider reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.82 by $0.38. NXP Semiconductors had a return on equity of 35.65% and a net margin of 21.21%. The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.13 billion. During the same quarter in the previous year, the business earned $3.04 earnings per share. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. On average, research analysts forecast that NXP Semiconductors will post 11.97 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend was Thursday, September 12th. NXP Semiconductors’s dividend payout ratio is currently 37.40%.

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.