NXP Semiconductors NV (NASDAQ:NXPI)’s stock price fell 5.1% during trading on Friday . The stock traded as low as $97.16 and last traded at $97.99, 5,238,919 shares were traded during mid-day trading. An increase of 35% from the average session volume of 3,887,606 shares. The stock had previously closed at $103.29.

Several research firms have commented on NXPI. ValuEngine lowered shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. Raymond James began coverage on shares of NXP Semiconductors in a research report on Monday. They set an “outperform” rating and a $115.00 target price for the company. BidaskClub raised shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Friday, August 16th. Morgan Stanley increased their target price on shares of NXP Semiconductors from $114.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st. Finally, Zacks Investment Research downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Saturday, July 27th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $105.00.

The company’s fifty day moving average is $99.95 and its 200 day moving average is $96.28. The company has a market capitalization of $32.63 billion, a P/E ratio of 16.50, a P/E/G ratio of 1.30 and a beta of 1.26. The company has a current ratio of 1.82, a quick ratio of 1.44 and a debt-to-equity ratio of 0.79.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Tuesday, July 30th. The semiconductor provider reported $2.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.48 by $0.52. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.20 billion. NXP Semiconductors had a net margin of 23.10% and a return on equity of 22.22%. Equities research analysts predict that NXP Semiconductors NV will post 6.35 EPS for the current year.

In related news, Chairman Peter L. Bonfield sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $98.36, for a total value of $983,600.00. Following the completion of the transaction, the chairman now directly owns 24,404 shares of the company’s stock, valued at approximately $2,400,377.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Large investors have recently made changes to their positions in the business. Pictet Asset Management Ltd. raised its position in shares of NXP Semiconductors by 14.8% during the 1st quarter. Pictet Asset Management Ltd. now owns 3,101,888 shares of the semiconductor provider’s stock valued at $274,176,000 after buying an additional 400,506 shares in the last quarter. Point72 Asset Management L.P. raised its position in shares of NXP Semiconductors by 221.9% during the 2nd quarter. Point72 Asset Management L.P. now owns 2,747,433 shares of the semiconductor provider’s stock valued at $268,177,000 after buying an additional 1,893,827 shares in the last quarter. Nuveen Asset Management LLC raised its position in shares of NXP Semiconductors by 581.2% during the 2nd quarter. Nuveen Asset Management LLC now owns 2,665,036 shares of the semiconductor provider’s stock valued at $260,134,000 after buying an additional 2,273,799 shares in the last quarter. FIL Ltd raised its position in shares of NXP Semiconductors by 0.8% during the 1st quarter. FIL Ltd now owns 2,052,978 shares of the semiconductor provider’s stock valued at $181,462,000 after buying an additional 15,872 shares in the last quarter. Finally, Southpoint Capital Advisors LP raised its position in shares of NXP Semiconductors by 14.3% during the 2nd quarter. Southpoint Capital Advisors LP now owns 2,000,000 shares of the semiconductor provider’s stock valued at $195,220,000 after buying an additional 250,000 shares in the last quarter. 75.85% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Company Profile (NASDAQ:NXPI)

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

Featured Story: Municipal Bonds

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.