Chilton Capital Management LLC trimmed its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) by 80.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 270 shares of the semiconductor provider’s stock after selling 1,122 shares during the quarter. Chilton Capital Management LLC’s holdings in NXP Semiconductors were worth $59,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the stock. Brighton Jones LLC raised its holdings in NXP Semiconductors by 20.6% in the 4th quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock valued at $265,000 after acquiring an additional 218 shares during the period. GAMMA Investing LLC grew its position in shares of NXP Semiconductors by 41.2% in the first quarter. GAMMA Investing LLC now owns 3,072 shares of the semiconductor provider’s stock valued at $584,000 after purchasing an additional 896 shares during the last quarter. Spire Wealth Management increased its stake in shares of NXP Semiconductors by 34.4% during the first quarter. Spire Wealth Management now owns 1,267 shares of the semiconductor provider’s stock worth $241,000 after purchasing an additional 324 shares during the period. Diversified Trust Co lifted its holdings in NXP Semiconductors by 4.6% during the 1st quarter. Diversified Trust Co now owns 4,884 shares of the semiconductor provider’s stock worth $928,000 after purchasing an additional 217 shares during the last quarter. Finally, Achmea Investment Management B.V. boosted its stake in NXP Semiconductors by 24.8% in the 1st quarter. Achmea Investment Management B.V. now owns 16,314 shares of the semiconductor provider’s stock valued at $3,100,000 after purchasing an additional 3,242 shares during the period. 90.54% of the stock is owned by institutional investors.
NXP Semiconductors Price Performance
NXPI stock opened at $219.16 on Monday. The company’s 50-day moving average price is $225.15 and its two-hundred day moving average price is $213.14. The firm has a market cap of $55.25 billion, a P/E ratio of 26.12, a P/E/G ratio of 2.48 and a beta of 1.44. 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 12 month low of $148.09 and a 12 month high of $256.62.
NXP Semiconductors Dividend Announcement
Insiders Place Their Bets
In related news, EVP Andrew Micallef sold 1,000 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $216.21, for a total transaction of $216,210.00. Following the completion of the sale, the executive vice president directly owned 6,828 shares in the company, valued at $1,476,281.88. This represents a 12.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Rafael Sotomayor sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total value of $439,140.00. Following the transaction, the president directly owned 4,958 shares of the company’s stock, valued at approximately $1,088,628.06. The trade was a 28.74% decrease in their position. The disclosure for this sale can be found here. 0.12% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the company. JPMorgan Chase & Co. increased their price objective on NXP Semiconductors from $205.00 to $240.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. TD Cowen lowered their price target on shares of NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating on the stock in a research report on Friday, October 10th. Susquehanna boosted their price objective on shares of NXP Semiconductors from $195.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Stifel Nicolaus increased their target price on shares of NXP Semiconductors from $170.00 to $210.00 and gave the stock a “hold” rating in a research report on Friday, July 18th. Finally, KeyCorp lifted their price target on shares of NXP Semiconductors from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $257.06.
Check Out Our Latest Stock Analysis on NXP Semiconductors
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.
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