Insider Selling: NXP Semiconductors NV (NASDAQ:NXPI) EVP Sells 21,085 Shares of Stock

NXP Semiconductors NV (NASDAQ:NXPI) EVP Keith M. Shull sold 21,085 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $119.35, for a total transaction of $2,516,494.75. Following the sale, the executive vice president now directly owns 15,092 shares of the company’s stock, valued at $1,801,230.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

NASDAQ:NXPI opened at $118.77 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.54. The firm has a 50-day moving average of $110.79 and a two-hundred day moving average of $102.08. The stock has a market cap of $32.88 billion, a P/E ratio of 19.99, a PEG ratio of 1.47 and a beta of 1.26. NXP Semiconductors NV has a 1-year low of $67.62 and a 1-year high of $120.84.

A number of analysts recently weighed in on NXPI shares. Zacks Investment Research raised shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Tuesday, November 5th. Morgan Stanley upped their price target on shares of NXP Semiconductors from $115.00 to $121.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Stifel Nicolaus decreased their price target on shares of NXP Semiconductors from $105.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, August 29th. Evercore ISI raised shares of NXP Semiconductors from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $110.00 to $125.00 in a research report on Monday, July 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $140.00 price target on shares of NXP Semiconductors in a research report on Tuesday, October 29th. Seven analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. NXP Semiconductors has a consensus rating of “Buy” and an average target price of $119.45.

A number of large investors have recently bought and sold shares of the business. Cetera Investment Advisers acquired a new stake in shares of NXP Semiconductors in the 3rd quarter valued at about $216,000. FCA Corp TX acquired a new stake in shares of NXP Semiconductors in the 3rd quarter valued at about $1,397,000. IBM Retirement Fund acquired a new stake in shares of NXP Semiconductors in the 3rd quarter valued at about $200,000. AE Wealth Management LLC raised its stake in shares of NXP Semiconductors by 4.1% in the 3rd quarter. AE Wealth Management LLC now owns 11,913 shares of the semiconductor provider’s stock valued at $1,300,000 after purchasing an additional 464 shares in the last quarter. Finally, BBVA USA Bancshares Inc. raised its stake in shares of NXP Semiconductors by 9.2% in the 3rd quarter. BBVA USA Bancshares Inc. now owns 12,853 shares of the semiconductor provider’s stock valued at $1,403,000 after purchasing an additional 1,079 shares in the last quarter. 88.80% of the stock is owned by institutional investors.

NXP Semiconductors Company Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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