Verdence Capital Advisors LLC Sells 166 Shares of NXP Semiconductors N.V. $NXPI

Verdence Capital Advisors LLC cut its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) by 14.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 996 shares of the semiconductor provider’s stock after selling 166 shares during the quarter. Verdence Capital Advisors LLC’s holdings in NXP Semiconductors were worth $218,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vantage Investment Partners LLC raised its holdings in shares of NXP Semiconductors by 5.2% in the second quarter. Vantage Investment Partners LLC now owns 34,193 shares of the semiconductor provider’s stock valued at $7,471,000 after buying an additional 1,675 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of NXP Semiconductors by 15.8% in the first quarter. Integrated Wealth Concepts LLC now owns 9,336 shares of the semiconductor provider’s stock valued at $1,774,000 after buying an additional 1,274 shares during the last quarter. Generate Investment Management Ltd bought a new position in shares of NXP Semiconductors in the second quarter valued at about $8,737,000. Avior Wealth Management LLC raised its holdings in shares of NXP Semiconductors by 956.1% in the second quarter. Avior Wealth Management LLC now owns 1,563 shares of the semiconductor provider’s stock valued at $342,000 after buying an additional 1,415 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of NXP Semiconductors by 4.1% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 382,731 shares of the semiconductor provider’s stock valued at $83,623,000 after buying an additional 14,926 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on NXPI. Barclays lifted their price target on NXP Semiconductors from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, July 22nd. Citigroup lifted their price objective on NXP Semiconductors from $210.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Wells Fargo & Company lifted their price objective on NXP Semiconductors from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 23rd. The Goldman Sachs Group initiated coverage on NXP Semiconductors in a research report on Thursday, July 10th. They issued a “buy” rating and a $276.00 price objective for the company. Finally, UBS Group lifted their price objective on NXP Semiconductors from $250.00 to $276.00 and gave the stock a “buy” rating in a research report on Wednesday, July 2nd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average price target of $257.06.

Check Out Our Latest Stock Report on NXPI

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $216.21, for a total value of $216,210.00. Following the transaction, the executive vice president owned 6,828 shares of the company’s stock, valued at approximately $1,476,281.88. The trade was a 12.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO William Betz sold 6,785 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the completion of the transaction, the chief financial officer owned 1,520 shares of the company’s stock, valued at $345,556.80. This trade represents a 81.70% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,785 shares of company stock worth $2,197,852. 0.12% of the stock is currently owned by company insiders.

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $217.41 on Friday. The firm has a market capitalization of $54.81 billion, a P/E ratio of 25.91, a PEG ratio of 2.46 and a beta of 1.44. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $256.62. The business has a 50-day moving average of $225.34 and a 200-day moving average of $210.60. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last posted its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.06. The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.90 billion. NXP Semiconductors had a return on equity of 27.99% and a net margin of 17.72%.The company’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.20 EPS. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. On average, equities analysts anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Wednesday, September 17th. NXP Semiconductors’s payout ratio is presently 48.39%.

NXP Semiconductors Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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