Munich Reinsurance Co Stock Corp in Munich purchased a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 293,288 shares of the semiconductor provider’s stock, valued at approximately $66,790,000. NXP Semiconductors makes up 1.7% of Munich Reinsurance Co Stock Corp in Munich’s portfolio, making the stock its 17th biggest position. Munich Reinsurance Co Stock Corp in Munich owned 0.12% of NXP Semiconductors at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. CNB Bank acquired a new stake in shares of NXP Semiconductors during the 3rd quarter worth approximately $28,000. Delos Wealth Advisors LLC purchased a new stake in NXP Semiconductors during the second quarter worth $35,000. Cornerstone Planning Group LLC boosted its holdings in NXP Semiconductors by 1,092.9% during the third quarter. Cornerstone Planning Group LLC now owns 167 shares of the semiconductor provider’s stock worth $38,000 after buying an additional 153 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in NXP Semiconductors during the second quarter valued at $43,000. Finally, True Wealth Design LLC grew its position in NXP Semiconductors by 375.6% during the second quarter. True Wealth Design LLC now owns 195 shares of the semiconductor provider’s stock valued at $43,000 after buying an additional 154 shares during the period. 90.54% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other NXP Semiconductors news, EVP Jennifer Wuamett sold 12,425 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $220.94, for a total value of $2,745,179.50. Following the transaction, the executive vice president directly owned 11,811 shares of the company’s stock, valued at $2,609,522.34. This trade represents a 51.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.12% of the company’s stock.
NXP Semiconductors Trading Down 4.2%
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last posted its quarterly earnings results on Monday, February 2nd. The semiconductor provider reported $3.35 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.04. The firm had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.30 billion. NXP Semiconductors had a net margin of 16.47% and a return on equity of 26.72%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm posted $3.18 earnings per share. NXP Semiconductors has set its Q1 2026 guidance at 2.770-3.170 EPS. Research analysts forecast that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on NXPI shares. KeyCorp upped their price objective on shares of NXP Semiconductors from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Needham & Company LLC reissued a “buy” rating and set a $250.00 target price on shares of NXP Semiconductors in a research note on Tuesday, February 3rd. Wells Fargo & Company upped their price target on shares of NXP Semiconductors from $260.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NXP Semiconductors in a research note on Thursday, January 22nd. Finally, TD Cowen lowered their price objective on NXP Semiconductors from $285.00 to $250.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $253.67.
View Our Latest Report on NXP Semiconductors
NXP Semiconductors 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.
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