5,314 Shares of NXP Semiconductors N.V. $NXPI Acquired by Old North State Wealth Management LLC

Old North State Wealth Management LLC acquired a new position in NXP Semiconductors N.V. (NASDAQ:NXPI) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,314 shares of the semiconductor provider’s stock, valued at approximately $1,264,000.

Other large investors also recently modified their holdings of the company. Allied Private Wealth LLC purchased a new stake in shares of NXP Semiconductors during the 2nd quarter worth about $28,000. Bell Investment Advisors Inc purchased a new position in NXP Semiconductors in the second quarter valued at approximately $29,000. Fiduciary Financial Advisors purchased a new position in NXP Semiconductors in the second quarter valued at approximately $28,000. Fortitude Family Office LLC purchased a new stake in NXP Semiconductors during the third quarter worth approximately $26,000. Finally, Triumph Capital Management purchased a new stake in NXP Semiconductors during the third quarter worth approximately $29,000. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NXP Semiconductors

In related news, EVP Christopher L. Jensen sold 3,355 shares of NXP Semiconductors stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $240.00, for a total transaction of $805,200.00. Following the sale, the executive vice president owned 288 shares of the company’s stock, valued at $69,120. The trade was a 92.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $226.04, for a total transaction of $226,040.00. Following the sale, the executive vice president directly owned 7,942 shares in the company, valued at $1,795,209.68. This trade represents a 11.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

NXPI has been the subject of several recent research reports. Wells Fargo & Company dropped their price objective on shares of NXP Semiconductors from $280.00 to $235.00 and set an “equal weight” rating for the company in a research report on Tuesday. Morgan Stanley lifted their target price on shares of NXP Semiconductors from $335.00 to $338.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Mizuho reduced their target price on shares of NXP Semiconductors from $200.00 to $190.00 and set an “underperform” rating on the stock in a report on Wednesday, July 29th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of NXP Semiconductors in a research report on Tuesday, September 8th. Finally, Oppenheimer increased their price target on NXP Semiconductors from $300.00 to $325.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Sixteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $302.30.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $237.79 on Friday. The firm has a market capitalization of $59.96 billion, a PE ratio of 20.29, a price-to-earnings-growth ratio of 0.82 and a beta of 1.80. NXP Semiconductors N.V. has a one year low of $183.00 and a one year high of $339.95. The stock’s 50 day moving average price is $230.20 and its 200 day moving average price is $257.62. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 2.04.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.52 by $0.09. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The company had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter last year, the company earned $2.72 earnings per share. NXP Semiconductors’s revenue for the quarter was up 19.5% on a year-over-year basis. As a group, sell-side analysts expect that NXP Semiconductors N.V. will post 13.75 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th were given a dividend of $1.0140 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, September 16th. NXP Semiconductors’s payout ratio is presently 34.64%.

Key NXP Semiconductors News

Here are the key news stories impacting NXP Semiconductors this week:

• Positive Sentiment: Investors are expecting higher earnings and revenue when NXP reports third-quarter results, supported by demand across automotive, industrial and Internet-of-Things markets. The company’s favorable analyst ranking and relatively modest P/E multiple could also support the shares if results and guidance meet expectations. How Investors May Respond To NXP Stock Ahead Of Earnings Growth Expectations
• Positive Sentiment: NXP attracted approximately $94.1 million in net exchange-traded-fund purchases on October 20, indicating continued institutional or passive-investment demand for the stock. NXP Semiconductors Sees $94.1 Million in Net ETF Buying
• Positive Sentiment: NXP recently outperformed the broader market and semiconductor peers, reflecting optimism that improving chip demand may translate into stronger results. NXP Semiconductors Laps the Stock Market: Here’s Why
• Neutral Sentiment: Wall Street is closely focused on third-quarter estimates and operating metrics, making the upcoming report and management outlook the key near-term catalysts for NXPI. Gear Up for NXP Q3 Earnings: Wall Street Estimates for Key Metrics
• Negative Sentiment: Wells Fargo and TD Cowen both reduced their price targets for NXP, while Wells Fargo maintained a Hold rating. The revisions suggest analysts see limited upside or greater execution risk despite the company’s growth prospects. NXP Stock Price Target Cut by Wells Fargo NXP Stock Gets Price Target Trim from TD Cowen
• Negative Sentiment: Investor skepticism toward selected semiconductor stocks adds a risk-off backdrop, particularly as the sector faces questions about valuation, cyclical demand and the sustainability of AI-related enthusiasm. 3 Semiconductor Stocks We’re Skeptical Of

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.

Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.