NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Two Sigma Securities LLC

Two Sigma Securities LLC decreased its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 67.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,018 shares of the semiconductor provider's stock after selling 4,245 shares during the period. Two Sigma Securities LLC's holdings in NXP Semiconductors were worth $419,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Chelsea Counsel Co. increased its stake in NXP Semiconductors by 33.3% in the 3rd quarter. Chelsea Counsel Co. now owns 300 shares of the semiconductor provider's stock valued at $72,000 after purchasing an additional 75 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its holdings in NXP Semiconductors by 2.6% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 4,000 shares of the semiconductor provider's stock valued at $960,000 after purchasing an additional 100 shares during the last quarter. World Investment Advisors LLC increased its position in shares of NXP Semiconductors by 2,103.4% in the third quarter. World Investment Advisors LLC now owns 28,909 shares of the semiconductor provider's stock valued at $6,938,000 after buying an additional 27,597 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of NXP Semiconductors during the 3rd quarter worth $1,574,000. Finally, Tidal Investments LLC boosted its position in shares of NXP Semiconductors by 9.3% in the 3rd quarter. Tidal Investments LLC now owns 18,124 shares of the semiconductor provider's stock worth $4,350,000 after buying an additional 1,542 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company's stock.

Insiders Place Their Bets

In related news, COO Andrew Micallef sold 1,000 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $204.86, for a total transaction of $204,860.00. Following the completion of the sale, the chief operating officer now directly owns 8,828 shares of the company's stock, valued at approximately $1,808,504.08. This represents a 10.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.11% of the stock is owned by insiders.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $193.55 on Friday. The company has a market cap of $49.09 billion, a price-to-earnings ratio of 19.89, a price-to-earnings-growth ratio of 3.01 and a beta of 1.40. NXP Semiconductors has a 12 month low of $148.09 and a 12 month high of $296.08. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The stock's 50-day moving average is $197.09 and its 200-day moving average is $213.02.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th were given a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a yield of 2.10%. NXP Semiconductors's dividend payout ratio (DPR) is 41.62%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Truist Financial raised their target price on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Stifel Nicolaus dropped their price objective on shares of NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Needham & Company LLC reduced their target price on NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. Citigroup dropped their price target on NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Finally, Susquehanna dropped their price objective on NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average price target of $258.10.

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.

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