NXP Semiconductors NV (NASDAQ:NXPI) gapped up prior to trading on Monday . The stock had previously closed at $79.53, but opened at $79.68. NXP Semiconductors NV shares last traded at $81.39, with a volume of 1,969,808 shares changing hands.

NXPI has been the topic of several analyst reports. Jefferies Group reaffirmed a “buy” rating and issued a $130.00 target price on shares of NXP Semiconductors NV in a report on Tuesday, June 28th. Nomura Holdings Inc. reaffirmed a “buy” rating and issued a $100.00 target price on shares of NXP Semiconductors NV in a report on Tuesday, May 24th. Vetr raised shares of NXP Semiconductors NV from a “buy” rating to a “strong-buy” rating and set a $101.75 target price on the stock in a report on Monday, June 6th. Drexel Hamilton upped their target price on shares of NXP Semiconductors NV from $102.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, April 26th. Finally, Zacks Investment Research raised shares of NXP Semiconductors NV from a “sell” rating to a “hold” rating in a report on Wednesday, April 6th. Four equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $107.03.

The firm has a market capitalization of $20.58 billion and a P/E ratio of 18.33. The firm has a 50-day moving average of $84.04 and a 200 day moving average of $80.19.

NXP Semiconductors NV (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, April 25th. The semiconductor provider reported $1.14 EPS for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.05. Equities analysts predict that NXP Semiconductors NV will post $5.70 earnings per share for the current fiscal year.

Several institutional investors recently bought and sold shares of NXPI. KBC Group NV bought a new position in NXP Semiconductors NV during the fourth quarter worth approximately $8,502,000. State of Tennessee Treasury Department raised its position in NXP Semiconductors NV by 12.0% in the fourth quarter. State of Tennessee Treasury Department now owns 1,097,772 shares of the semiconductor provider’s stock worth $92,488,000 after buying an additional 117,610 shares in the last quarter. Roosevelt Investment Group Inc. raised its position in NXP Semiconductors NV by 17.0% in the fourth quarter. Roosevelt Investment Group Inc. now owns 231,850 shares of the semiconductor provider’s stock worth $19,533,000 after buying an additional 33,758 shares in the last quarter. Dimensional Fund Advisors LP bought a new position in NXP Semiconductors NV during the fourth quarter worth approximately $9,455,000. Finally, I.G. Investment Management LTD. raised its position in NXP Semiconductors NV by 10.1% in the fourth quarter. I.G. Investment Management LTD. now owns 46,885 shares of the semiconductor provider’s stock worth $3,950,000 after buying an additional 4,300 shares in the last quarter.

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company and a long-standing supplier. The Company provides high performance mixed signal and standard product solutions. The Company’s segments include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other.

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