Shares of NXP Semiconductors NV (NASDAQ:NXPI) saw an uptick in trading volume on Tuesday . 4,936,120 shares were traded during trading, an increase of 6% from the previous session’s volume of 4,660,674 shares.The stock last traded at $86.33 and had previously closed at $83.95.

NXPI has been the subject of a number of recent analyst reports. Nomura Holdings Inc. restated a “buy” rating and issued a $100.00 price objective on shares of NXP Semiconductors NV in a research note on Tuesday, May 24th. Vetr downgraded NXP Semiconductors NV from a “strong-buy” rating to a “buy” rating and set a $101.75 price objective for the company. in a research note on Tuesday, May 24th. Jefferies Group restated a “buy” rating on shares of NXP Semiconductors NV in a research note on Sunday, May 22nd. Oppenheimer Holdings Inc. restated a “buy” rating and issued a $100.00 price objective on shares of NXP Semiconductors NV in a research note on Tuesday, June 14th. Finally, Mizuho restated a “buy” rating and issued a $120.00 price objective on shares of NXP Semiconductors NV in a research note on Tuesday, June 14th. Four equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $106.44.

The firm’s 50-day moving average price is $82.79 and its 200 day moving average price is $80.39. The stock has a market cap of $22.13 billion and a P/E ratio of 19.71.

NXP Semiconductors NV (NASDAQ:NXPI) last issued its earnings results on Monday, April 25th. The semiconductor provider reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. Equities analysts anticipate that NXP Semiconductors NV will post $5.74 earnings per share for the current year.

A number of institutional investors recently added to or reduced their stakes in the stock. BlackRock Advisors LLC increased its position in NXP Semiconductors NV by 260.3% in the fourth quarter. BlackRock Advisors LLC now owns 1,214,881 shares of the semiconductor provider’s stock valued at $102,353,000 after buying an additional 877,662 shares in the last quarter. Alta Park Capital LP bought a new position in NXP Semiconductors NV during the fourth quarter valued at about $2,106,000. Westfield Capital Management Co. LP bought a new position in NXP Semiconductors NV during the fourth quarter valued at about $26,379,000. Airain ltd increased its position in NXP Semiconductors NV by 132.0% in the fourth quarter. Airain ltd now owns 180,725 shares of the semiconductor provider’s stock valued at $15,226,000 after buying an additional 102,835 shares in the last quarter. Finally, Marco Investment Management LLC increased its position in NXP Semiconductors NV by 35.5% in the fourth quarter. Marco Investment Management LLC now owns 103,650 shares of the semiconductor provider’s stock valued at $8,733,000 after buying an additional 27,150 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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