Parcion Private Wealth LLC bought a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,504 shares of the semiconductor provider’s stock, valued at approximately $832,000.
Several other institutional investors have also recently bought and sold shares of NXPI. Gamco Investors INC. ET AL grew its holdings in shares of NXP Semiconductors by 2.0% during the 1st quarter. Gamco Investors INC. ET AL now owns 2,305 shares of the semiconductor provider’s stock valued at $454,000 after purchasing an additional 45 shares during the last quarter. Howard Financial Services LTD. increased its position in NXP Semiconductors by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 1,736 shares of the semiconductor provider’s stock worth $412,000 after purchasing an additional 49 shares in the last quarter. Ballast Advisors LLC increased its position in NXP Semiconductors by 0.7% during the 1st quarter. Ballast Advisors LLC now owns 9,078 shares of the semiconductor provider’s stock worth $1,787,000 after purchasing an additional 61 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in NXP Semiconductors by 6.1% during the 1st quarter. Chicago Partners Investment Group LLC now owns 1,200 shares of the semiconductor provider’s stock worth $236,000 after purchasing an additional 69 shares in the last quarter. Finally, Fulton Bank N.A. lifted its stake in NXP Semiconductors by 2.0% in the 1st quarter. Fulton Bank N.A. now owns 4,317 shares of the semiconductor provider’s stock valued at $850,000 after purchasing an additional 84 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.
More NXP Semiconductors News
Here are the key news stories impacting NXP Semiconductors this week:
- Positive Sentiment: NXP reported third-quarter adjusted EPS of $4.20 and revenue of $3.79 billion, exceeding consensus estimates. Revenue increased 19.3% year over year, supported by broad-based growth in automotive and industrial markets. The 5 most interesting analyst questions from NXP Semiconductors’s Q3 earnings call
- Positive Sentiment: Management highlighted double-digit growth across every geographic region and identified software-defined vehicles, industrial applications and data centers as longer-term growth drivers. Data-center revenue is expected to exceed $500 million in 2026, with potential to surpass $1 billion in coming years. NXPI Q3 deep dive
- Positive Sentiment: The company added $5 billion to its share-repurchase authorization, bringing total capacity to approximately $6.3 billion—roughly 9.5% of its market capitalization—and indicated that buybacks could accelerate beginning in the fourth quarter. 3 Tech Stocks Boosting Buyback Capacity
- Neutral Sentiment: Analyst views remain divided. Needham and Oppenheimer maintained bullish ratings, while Wells Fargo kept a Hold rating. Truist retained a Buy rating but lowered its target to $300 from $310, and Stifel also cut its target. Truist adjusts price target
- Negative Sentiment: Fourth-quarter revenue guidance of approximately $3.85 billion came in slightly below Wall Street expectations. That cautious outlook overshadowed the earnings beat and raised concerns about near-term automotive and industrial demand. NXP falls after strong earnings
- Negative Sentiment: Broader semiconductor weakness, including concerns about the sustainability of AI investment and auto-chip demand, is adding pressure to NXPI’s valuation despite its longer-term data-center opportunity. Auto chip demand fears
Insider Transactions at NXP Semiconductors
In other NXP Semiconductors news, EVP Christopher Jensen sold 3,355 shares of NXP Semiconductors stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $240.00, for a total transaction of $805,200.00. Following the completion of the transaction, the executive vice president owned 288 shares in the company, valued at approximately $69,120. The trade was a 92.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 that occurred on Tuesday, September 15th. The shares were sold at an average price of $226.04, for a total value of $226,040.00. Following the transaction, the executive vice president directly owned 7,942 shares in the company, valued at approximately $1,795,209.68. The trade was a 11.18% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
NXPI has been the topic of a number of research analyst reports. Mizuho cut their target price on shares of NXP Semiconductors from $200.00 to $190.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NXP Semiconductors in a research note on Thursday. UBS Group downgraded shares of NXP Semiconductors from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $305.00 to $270.00 in a report on Monday, August 3rd. Morgan Stanley dropped their price target on NXP Semiconductors from $338.00 to $313.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, KeyCorp dropped their price target on NXP Semiconductors from $345.00 to $330.00 and set an “overweight” rating for the company in a research note on Wednesday. Sixteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $295.78.
Get Our Latest Research Report on NXPI
NXP Semiconductors Stock Down 2.4%
Shares of NASDAQ NXPI opened at $259.61 on Friday. The company has a market capitalization of $65.43 billion, a P/E ratio of 20.41, a price-to-earnings-growth ratio of 0.88 and a beta of 1.80. NXP Semiconductors N.V. has a 52-week low of $183.00 and a 52-week high of $339.95. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.36 and a current ratio of 2.12. The company’s 50 day moving average price is $232.97 and its 200-day moving average price is $246.09.
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The semiconductor provider reported $4.20 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.08. The firm had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.76 billion. NXP Semiconductors had a return on equity of 28.57% and a net margin of 23.40%. The business’s quarterly revenue was up 19.3% on a year-over-year basis. During the same period last year, the company posted $3.11 EPS. Equities analysts forecast that NXP Semiconductors N.V. will post 13.79 earnings per share for the current year.
NXP Semiconductors announced that its board has initiated a share buyback program on Tuesday, October 27th that permits the company to repurchase $5 billion in shares. This repurchase authorization permits the semiconductor provider to purchase shares of its stock through open market purchases. Share repurchase programs are usually an indication that the company’s board believes its shares are undervalued.
NXP Semiconductors Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th were issued a dividend of $1.0140 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Wednesday, September 16th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 31.92%.
About NXP Semiconductors
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.
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