MGO One Seven LLC reduced its holdings in NXP Semiconductors (NASDAQ:NXPI – Free Report) by 12.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,428 shares of the semiconductor provider’s stock after selling 196 shares during the quarter. MGO One Seven LLC’s holdings in NXP Semiconductors were worth $266,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in NXPI. Live Oak Investment Partners bought a new position in NXP Semiconductors during the 4th quarter valued at $26,000. American National Bank bought a new position in NXP Semiconductors during the first quarter valued at about $27,000. Fortis Capital Advisors LLC acquired a new stake in shares of NXP Semiconductors in the fourth quarter valued at about $27,000. Steward Financial Group LLC acquired a new stake in shares of NXP Semiconductors in the fourth quarter valued at about $28,000. Finally, Hanson & Doremus Investment Management acquired a new stake in NXP Semiconductors during the first quarter worth about $28,000. 89.04% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at NXP Semiconductors
In other NXP Semiconductors news, CFO William Betz sold 3,514 shares of the firm’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $224.38, for a total value of $788,471.32. Following the sale, the chief financial officer now owns 1,518 shares of the company’s stock, valued at approximately $340,608.84. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, EVP Christopher L. Jensen sold 9,696 shares of NXP Semiconductors stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $185.00, for a total transaction of $1,793,760.00. Following the completion of the transaction, the executive vice president now directly owns 500 shares of the company’s stock, valued at approximately $92,500. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO William Betz sold 3,514 shares of NXP Semiconductors stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $224.38, for a total transaction of $788,471.32. Following the completion of the transaction, the chief financial officer now directly owns 1,518 shares of the company’s stock, valued at $340,608.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,100 shares of company stock valued at $7,249,057. Insiders own 0.13% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on NXP Semiconductors
NXP Semiconductors Price Performance
Shares of NASDAQ NXPI opened at $201.74 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 1.82 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $52.01 billion, a PE ratio of 19.09, a P/E/G ratio of 1.00 and a beta of 1.55. The firm has a fifty day simple moving average of $206.76 and a 200 day simple moving average of $187.48. NXP Semiconductors has a twelve month low of $132.08 and a twelve month high of $225.57.
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last posted its quarterly earnings results on Monday, July 24th. The semiconductor provider reported $3.04 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $0.14. The business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.20 billion. NXP Semiconductors had a net margin of 21.04% and a return on equity of 42.95%. On average, sell-side analysts forecast that NXP Semiconductors will post 12.49 EPS for the current year.
NXP Semiconductors Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, July 6th. Investors of record on Wednesday, June 14th were issued a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 2.01%. The ex-dividend date was Tuesday, June 13th. NXP Semiconductors’s dividend payout ratio is currently 38.41%.
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.
Read More
- Five stocks we like better than NXP Semiconductors
- Why Average Daily Trading Volume Matters to Every Investor
- On Holding Slips Into A More Comfortable Price PointÂ
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- 3 Growing Cannabis Stocks Ready To Bloom
- How to Invest in Toy Stocks
- Will Meta’s Pullback Offer Buy Point After AI-Driven Surge?
Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors (NASDAQ:NXPI – Free Report).
Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.
