Leeward Financial Partners LLC Cuts Stock Holdings in NXP Semiconductors N.V. $NXPI

Leeward Financial Partners LLC reduced its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) by 80.1% in the 4th quarter, HoldingsChannel reports. The firm owned 2,125 shares of the semiconductor provider’s stock after selling 8,554 shares during the period. Leeward Financial Partners LLC’s holdings in NXP Semiconductors were worth $461,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in NXPI. JPL Wealth Management LLC purchased a new position in NXP Semiconductors during the third quarter worth about $26,000. Wexford Capital LP purchased a new position in NXP Semiconductors during the third quarter worth about $31,000. Kelleher Financial Advisors purchased a new position in NXP Semiconductors during the third quarter worth about $31,000. Community Bank N.A. purchased a new position in NXP Semiconductors during the third quarter worth about $37,000. Finally, Cornerstone Planning Group LLC raised 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 purchasing an additional 153 shares in the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

More NXP Semiconductors News

Here are the key news stories impacting NXP Semiconductors this week:

  • Positive Sentiment: NXP was highlighted as a strong momentum name and a potentially better automotive chip pick than ON Semiconductor, reinforcing the bullish case around its automotive and embedded semiconductor franchises.
  • Positive Sentiment: A product collaboration involving AISIN’s driver monitoring systems noted NXP’s i.MX 9 series as part of the software and hardware stack, underscoring continued relevance in automotive AI and safety applications. AISIN Selects Green Hills Software for Its AI-Powered Driver Monitoring Systems
  • Neutral Sentiment: NXPI also drew attention from a long-term investing article showing how an early $1,000 investment would have grown over a decade, which is more of a sentiment piece than a near-term stock driver.
  • Neutral Sentiment: The company presented at TD Cowen’s Technology, Media & Telecom Conference, but no major new financial guidance or operational update was highlighted in the available summary.
  • Negative Sentiment: Recent market coverage emphasized that NXPI declined despite broader market gains, suggesting investors may be taking profits or pausing after a strong move in the shares. NXP Semiconductors (NXPI) Stock Drops Despite Market Gains: Important Facts to Note

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Barclays increased their price target on shares of NXP Semiconductors from $295.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Truist Financial upped their target price on shares of NXP Semiconductors from $255.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Stifel Nicolaus upped their target price on shares of NXP Semiconductors from $215.00 to $250.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Citigroup upped their target price on shares of NXP Semiconductors from $255.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Needham & Company LLC upped their target price on shares of NXP Semiconductors from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $294.25.

Get Our Latest Report on NXP Semiconductors

Insider Activity

In other news, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $194.58, for a total value of $194,580.00. Following the sale, the executive vice president directly owned 9,942 shares in the company, valued at $1,934,514.36. This represents a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Christopher L. Jensen sold 4,576 shares of the stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $234.03, for a total transaction of $1,070,921.28. Following the completion of the sale, the executive vice president owned 5,389 shares in the company, valued at $1,261,187.67. This represents a 45.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 10,865 shares of company stock worth $2,508,416 over the last ninety days. 0.12% of the stock is currently owned by insiders.

NXP Semiconductors Trading Down 1.0%

Shares of NXPI opened at $329.24 on Thursday. The company has a current ratio of 2.24, a quick ratio of 1.55 and a debt-to-equity ratio of 1.00. The firm’s 50-day moving average is $242.83 and its two-hundred day moving average is $228.94. NXP Semiconductors N.V. has a twelve month low of $183.00 and a twelve month high of $339.95. The firm has a market capitalization of $83.12 billion, a P/E ratio of 31.51, a PEG ratio of 1.20 and a beta of 1.77.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 EPS for the quarter, beating the consensus estimate of $2.98 by $0.07. The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.14 billion. NXP Semiconductors had a net margin of 21.03% and a return on equity of 26.75%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.64 earnings per share. On average, research analysts predict that NXP Semiconductors N.V. will post 13.38 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Wednesday, March 25th were given a $1.014 dividend. The ex-dividend date was Wednesday, March 25th. This represents a $4.06 annualized dividend and a dividend yield of 1.2%. NXP Semiconductors’s dividend payout ratio is currently 38.76%.

NXP Semiconductors Profile

(Free Report)

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.

Further Reading

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

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