NXP Semiconductors (NASDAQ:NXPI) Shares Sold by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP trimmed its holdings in NXP Semiconductors (NASDAQ:NXPI) by 0.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,598 shares of the semiconductor provider’s stock after selling 190 shares during the period. L. Roy Papp & Associates LLP’s holdings in NXP Semiconductors were worth $5,184,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in NXPI. Vanguard Group Inc. grew its stake in NXP Semiconductors by 17.3% in the 1st quarter. Vanguard Group Inc. now owns 12,921,432 shares of the semiconductor provider’s stock valued at $3,201,543,000 after acquiring an additional 1,909,898 shares during the last quarter. International Assets Investment Management LLC grew its stake in NXP Semiconductors by 24,533.2% in the 3rd quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider’s stock valued at $123,447,000 after acquiring an additional 512,253 shares during the last quarter. Bessemer Group Inc. lifted its holdings in NXP Semiconductors by 4,525.6% in the 1st quarter. Bessemer Group Inc. now owns 356,774 shares of the semiconductor provider’s stock valued at $88,399,000 after purchasing an additional 349,061 shares in the last quarter. Westfield Capital Management Co. LP lifted its holdings in NXP Semiconductors by 974.4% in the 1st quarter. Westfield Capital Management Co. LP now owns 374,539 shares of the semiconductor provider’s stock valued at $92,799,000 after purchasing an additional 339,678 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in NXP Semiconductors by 1,882.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 343,522 shares of the semiconductor provider’s stock valued at $92,438,000 after purchasing an additional 326,197 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NXP Semiconductors

In other news, insider Julie Southern acquired 146 shares of the stock in a transaction on Tuesday, July 30th. The stock was bought at an average price of $257.54 per share, with a total value of $37,600.84. Following the completion of the transaction, the insider now directly owns 11,297 shares of the company’s stock, valued at $2,909,429.38. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Julie Southern purchased 146 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The stock was acquired at an average price of $257.54 per share, with a total value of $37,600.84. Following the completion of the transaction, the insider now owns 11,297 shares of the company’s stock, valued at $2,909,429.38. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jennifer Wuamett sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of $232.35, for a total transaction of $813,225.00. Following the sale, the executive vice president now directly owns 30,269 shares of the company’s stock, valued at $7,033,002.15. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.11% of the stock is owned by corporate insiders.

NXP Semiconductors Trading Up 1.7 %

NXPI traded up $4.10 on Friday, reaching $243.16. 2,140,509 shares of the company’s stock were exchanged, compared to its average volume of 2,256,676. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.52 and a current ratio of 2.21. NXP Semiconductors has a twelve month low of $167.21 and a twelve month high of $296.08. The company’s 50 day moving average is $238.37 and its 200-day moving average is $252.66. The company has a market cap of $61.94 billion, a price-to-earnings ratio of 22.73, a PEG ratio of 2.50 and a beta of 1.49.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend was Thursday, September 12th. NXP Semiconductors’s dividend payout ratio (DPR) is 37.94%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on NXPI. The Goldman Sachs Group reduced their target price on shares of NXP Semiconductors from $285.00 to $277.00 in a report on Friday, October 11th. Barclays upped their target price on shares of NXP Semiconductors from $280.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, July 18th. Citic Securities assumed coverage on shares of NXP Semiconductors in a report on Friday, October 11th. They issued a $288.00 target price on the stock. Citigroup increased their price objective on shares of NXP Semiconductors from $150.00 to $220.00 and gave the stock a “sell” rating in a report on Monday, July 15th. Finally, Oppenheimer increased their price objective on shares of NXP Semiconductors from $295.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, July 12th. One analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $288.90.

NXP Semiconductors Company Profile

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.