NXP Semiconductors N.V. $NXPI Shares Bought by Inspire Investing LLC

Inspire Investing LLC lifted its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 22.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,296 shares of the semiconductor provider’s stock after purchasing an additional 2,833 shares during the quarter. Inspire Investing LLC’s holdings in NXP Semiconductors were worth $3,011,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of NXPI. JPL Wealth Management LLC bought a new stake in shares of NXP Semiconductors during the 3rd quarter worth about $26,000. SHP Wealth Management bought a new position in shares of NXP Semiconductors in the fourth quarter valued at approximately $27,000. Acumen Wealth Advisors LLC bought a new position in shares of NXP Semiconductors in the fourth quarter valued at approximately $28,000. Jessup Wealth Management Inc acquired a new position in shares of NXP Semiconductors during the fourth quarter valued at approximately $29,000. Finally, Quattro Advisors LLC acquired a new position in shares of NXP Semiconductors during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Andrew Hardy sold 5,289 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $235.00, for a total value of $1,242,915.00. Following the completion of the transaction, the executive vice president directly owned 2,020 shares in the company, valued at $474,700. This trade represents a 72.36% decrease in their ownership of the stock. The sale was disclosed in a 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 Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred 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 transaction, the executive vice president directly owned 8,942 shares in the company, valued at approximately $2,821,826.94. This trade represents a 10.06% decrease in their ownership of the stock. 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. In the last quarter, insiders have sold 12,611 shares of company stock valued at $3,182,068. 0.05% of the stock is owned by corporate insiders.

NXP Semiconductors Trading Up 0.5%

NXP Semiconductors stock opened at $278.37 on Tuesday. The firm has a market cap of $70.28 billion, a price-to-earnings ratio of 26.64, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. NXP Semiconductors N.V. has a 1 year low of $183.00 and a 1 year high of $339.95. The firm’s 50 day moving average price is $292.22 and its two-hundred day moving average price is $245.52. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.55 and a current ratio of 2.24.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Wednesday, April 29th. The semiconductor provider reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.07. The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.14 billion. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.64 EPS. On average, research analysts predict that NXP Semiconductors N.V. will post 13.4 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 24th will be paid a $1.014 dividend. The ex-dividend date of this dividend is Wednesday, June 24th. This represents a $4.06 dividend on an annualized basis and a yield of 1.5%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 38.85%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of NXP Semiconductors in a research report on Wednesday, April 29th. Truist Financial lifted their price target on NXP Semiconductors from $255.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Susquehanna boosted their price objective on NXP Semiconductors from $210.00 to $250.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on NXP Semiconductors from $250.00 to $295.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen raised NXP Semiconductors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, NXP Semiconductors presently has an average rating of “Moderate Buy” and an average price target of $300.08.

NXP Semiconductors Company 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.