2,275 Shares in NXP Semiconductors N.V. $NXPI Bought by Transamerica Financial Advisors LLC

Transamerica Financial Advisors LLC bought a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI) during the second quarter, Holdings Channel reports. The firm bought 2,275 shares of the semiconductor provider’s stock, valued at approximately $640,000.

Other institutional investors have also recently bought and sold shares of the company. JPL Wealth Management LLC bought a new stake in NXP Semiconductors during the third quarter valued at about $26,000. SHP Wealth Management bought a new position in shares of NXP Semiconductors in the fourth quarter worth about $27,000. Allied Private Wealth LLC acquired a new position in shares of NXP Semiconductors during the 2nd quarter worth about $28,000. Fiduciary Financial Advisors acquired a new position in shares of NXP Semiconductors during the 2nd quarter worth about $28,000. Finally, Acumen Wealth Advisors LLC bought a new stake in NXP Semiconductors during the 4th quarter valued at approximately $28,000. Institutional investors own 90.54% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on NXPI. Susquehanna lifted their price target on NXP Semiconductors from $210.00 to $250.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Morgan Stanley raised their price objective on shares of NXP Semiconductors from $335.00 to $338.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. UBS Group reiterated a “neutral” rating and set a $270.00 target price (down from $305.00) on shares of NXP Semiconductors in a research note on Monday, August 3rd. BNP Paribas Exane increased their price target on shares of NXP Semiconductors from $270.00 to $310.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their price target on shares of NXP Semiconductors from $250.00 to $295.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Sixteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $305.43.

NXP Semiconductors Stock Down 0.7%

NXPI opened at $223.15 on Thursday. The firm has a market cap of $56.27 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 0.76 and a beta of 1.81. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 2.04. The firm’s 50-day simple moving average is $261.02 and its 200-day simple moving average is $252.51. NXP Semiconductors N.V. has a twelve month low of $183.00 and a twelve month high of $339.95.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 EPS for the quarter, beating analysts’ consensus estimates of $3.52 by $0.09. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The firm had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.47 billion. During the same period in the previous year, the business earned $2.72 earnings per share. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. Equities research analysts anticipate that NXP Semiconductors N.V. will post 13.73 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, June 24th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.8%. The ex-dividend date was Wednesday, June 24th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 34.64%.

Insider Transactions at NXP Semiconductors

In other news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $315.57, for a total transaction of $315,570.00. Following the completion of the sale, the executive vice president owned 8,942 shares in the company, valued at $2,821,826.94. The trade was a 10.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 1,746 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $316.53, for a total value of $552,661.38. Following the transaction, the executive vice president directly owned 3,643 shares in the company, valued at $1,153,118.79. This trade represents a 32.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% of the company’s stock.

NXP Semiconductors Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.