NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Axa S.A.

Axa S.A. increased its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 17.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 747,540 shares of the semiconductor provider’s stock after acquiring an additional 108,760 shares during the quarter. NXP Semiconductors makes up approximately 0.6% of Axa S.A.’s holdings, making the stock its 29th biggest holding. Axa S.A. owned 0.29% of NXP Semiconductors worth $201,156,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Future Financial Wealth Managment LLC bought a new stake in shares of NXP Semiconductors in the 1st quarter worth approximately $25,000. Family Firm Inc. acquired a new position in shares of NXP Semiconductors during the second quarter valued at $27,000. Addison Advisors LLC boosted its holdings in shares of NXP Semiconductors by 224.2% during the second quarter. Addison Advisors LLC now owns 107 shares of the semiconductor provider’s stock valued at $29,000 after acquiring an additional 74 shares during the period. FinTrust Capital Advisors LLC grew its position in shares of NXP Semiconductors by 75.4% during the fourth quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock worth $26,000 after acquiring an additional 49 shares during the last quarter. Finally, LifeSteps Financial Inc. acquired a new stake in shares of NXP Semiconductors in the 1st quarter worth about $30,000. Institutional investors own 90.54% of the company’s stock.

Insider Buying and Selling at NXP Semiconductors

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on NXPI shares. Cantor Fitzgerald reissued an “overweight” rating and set a $350.00 target price on shares of NXP Semiconductors in a research note on Tuesday, July 23rd. StockNews.com lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Friday, August 2nd. Needham & Company LLC lifted their target price on NXP Semiconductors from $280.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, July 23rd. TD Cowen decreased their price target on NXP Semiconductors from $330.00 to $310.00 and set a “buy” rating for the company in a research note on Wednesday, July 24th. Finally, Barclays lifted their price objective on shares of NXP Semiconductors from $280.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $294.89.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $233.75 on Wednesday. NXP Semiconductors has a 12 month low of $167.21 and a 12 month high of $296.08. The company has a quick ratio of 1.52, a current ratio of 2.21 and a debt-to-equity ratio of 1.04. The stock has a market cap of $59.54 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 2.51 and a beta of 1.49. The business has a fifty day simple moving average of $245.85 and a 200-day simple moving average of $254.04.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Monday, July 22nd. The semiconductor provider reported $3.20 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.38. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.13 billion. NXP Semiconductors had a return on equity of 35.65% and a net margin of 21.21%. The business’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period last year, the company posted $3.04 EPS. On average, sell-side analysts anticipate that NXP Semiconductors will post 11.97 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be paid a $1.014 dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $4.06 annualized dividend and a yield of 1.74%. NXP Semiconductors’s dividend payout ratio is presently 37.49%.

NXP Semiconductors 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.