NXP Semiconductors NV (NASDAQ:NXPI) Shares Sold by Gamco Investors INC. ET AL

Share on StockTwits

Gamco Investors INC. ET AL reduced its position in NXP Semiconductors NV (NASDAQ:NXPI) by 14.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,105 shares of the semiconductor provider’s stock after selling 2,205 shares during the quarter. Gamco Investors INC. ET AL’s holdings in NXP Semiconductors were worth $1,430,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nisa Investment Advisors LLC raised its stake in NXP Semiconductors by 20.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 55,480 shares of the semiconductor provider’s stock valued at $5,415,000 after purchasing an additional 9,500 shares during the last quarter. CWM Advisors LLC increased its stake in shares of NXP Semiconductors by 2.5% in the 2nd quarter. CWM Advisors LLC now owns 5,582 shares of the semiconductor provider’s stock worth $545,000 after acquiring an additional 135 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of NXP Semiconductors by 10.6% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 76,599 shares of the semiconductor provider’s stock worth $7,477,000 after acquiring an additional 7,340 shares during the last quarter. KBC Group NV increased its stake in shares of NXP Semiconductors by 38.9% in the 2nd quarter. KBC Group NV now owns 486,341 shares of the semiconductor provider’s stock worth $47,472,000 after acquiring an additional 136,294 shares during the last quarter. Finally, Providence Capital Advisors LLC increased its stake in shares of NXP Semiconductors by 2.0% in the 2nd quarter. Providence Capital Advisors LLC now owns 21,072 shares of the semiconductor provider’s stock worth $2,057,000 after acquiring an additional 404 shares during the last quarter. 74.41% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ:NXPI traded up $0.22 during midday trading on Friday, reaching $117.62. 2,067,100 shares of the company’s stock were exchanged, compared to its average volume of 3,645,941. The firm’s 50 day simple moving average is $109.78 and its two-hundred day simple moving average is $101.71. 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 stock has a market cap of $33.17 billion, a price-to-earnings ratio of 19.80, a P/E/G ratio of 1.48 and a beta of 1.26. NXP Semiconductors NV has a fifty-two week low of $67.62 and a fifty-two week high of $120.03.

In other news, EVP Keith M. Shull sold 4,569 shares of the firm’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $105.53, for a total transaction of $482,166.57. Following the sale, the executive vice president now owns 13,783 shares of the company’s stock, valued at approximately $1,454,519.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Keith M. Shull sold 4,196 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $108.14, for a total value of $453,755.44. Following the sale, the executive vice president now directly owns 9,587 shares in the company, valued at approximately $1,036,738.18. The disclosure for this sale can be found here.

A number of analysts have issued reports on the company. Sanford C. Bernstein set a $125.00 target price on NXP Semiconductors and gave the stock a “buy” rating in a research note on Wednesday, September 18th. KeyCorp raised their target price on NXP Semiconductors from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Mizuho raised NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their target price for the stock from $108.00 to $130.00 in a research note on Tuesday, November 5th. Stifel Nicolaus cut their target price on NXP Semiconductors from $105.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, August 29th. Finally, Evercore ISI raised NXP Semiconductors from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $110.00 to $125.00 in a research note on Monday, July 29th. Seven research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $119.45.

About NXP Semiconductors

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.

Featured Story: Margin

Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors NV (NASDAQ:NXPI).

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

Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.