Louisiana State Employees Retirement System Sells 400 Shares of NXP Semiconductors N.V. $NXPI

Louisiana State Employees Retirement System decreased its stake in NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) by 1.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,800 shares of the semiconductor provider’s stock after selling 400 shares during the period. Louisiana State Employees Retirement System’s holdings in NXP Semiconductors were worth $6,948,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Fox Run Management L.L.C. increased its stake in shares of NXP Semiconductors by 3.3% during the 1st quarter. Fox Run Management L.L.C. now owns 1,669 shares of the semiconductor provider’s stock worth $317,000 after purchasing an additional 54 shares during the last quarter. AlphaCore Capital LLC grew its holdings in NXP Semiconductors by 3.5% during the first quarter. AlphaCore Capital LLC now owns 1,635 shares of the semiconductor provider’s stock valued at $312,000 after purchasing an additional 55 shares during the period. TFB Advisors LLC grew its holdings in NXP Semiconductors by 4.9% during the first quarter. TFB Advisors LLC now owns 1,203 shares of the semiconductor provider’s stock valued at $229,000 after purchasing an additional 56 shares during the period. Manchester Capital Management LLC grew its holdings in NXP Semiconductors by 14.7% during the first quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor provider’s stock valued at $85,000 after purchasing an additional 57 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of NXP Semiconductors by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 21,810 shares of the semiconductor provider’s stock valued at $4,145,000 after buying an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on NXPI. The Goldman Sachs Group initiated coverage on NXP Semiconductors in a research report on Thursday, July 10th. They set a “buy” rating and a $276.00 price target on the stock. Barclays boosted their price objective on NXP Semiconductors from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, July 22nd. Stifel Nicolaus lifted their target price on shares of NXP Semiconductors from $170.00 to $210.00 and gave the stock a “hold” rating in a research note on Friday, July 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of NXP Semiconductors in a research note on Saturday, September 27th. Finally, Needham & Company LLC raised their price objective on shares of NXP Semiconductors from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday, July 22nd. Two research 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $256.05.

Get Our Latest Stock Analysis on NXP Semiconductors

NXP Semiconductors Stock Down 5.1%

NXPI stock opened at $219.58 on Wednesday. The stock has a 50-day simple moving average of $224.49 and a two-hundred day simple moving average of $209.90. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $256.62. The firm has a market capitalization of $55.36 billion, a PE ratio of 26.17, a PEG ratio of 2.62 and a beta of 1.44.

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

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th will be issued a $1.014 dividend. The ex-dividend date of this dividend is Wednesday, September 17th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors’s dividend payout ratio is presently 48.39%.

Insider Buying and Selling

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

About NXP Semiconductors

(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.

See Also

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.