NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Wealth Alliance

Wealth Alliance decreased its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 26.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,931 shares of the semiconductor provider’s stock after selling 686 shares during the period. Wealth Alliance’s holdings in NXP Semiconductors were worth $401,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. State Street Corp increased its stake in NXP Semiconductors by 1.3% during the 3rd quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider’s stock valued at $2,572,694,000 after buying an additional 139,641 shares during the period. Geode Capital Management LLC increased its stake in NXP Semiconductors by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider’s stock valued at $1,231,533,000 after buying an additional 57,762 shares during the period. Franklin Resources Inc. increased its stake in NXP Semiconductors by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider’s stock valued at $1,063,322,000 after buying an additional 93,129 shares during the period. Van ECK Associates Corp grew its stake in shares of NXP Semiconductors by 27.1% in the 4th quarter. Van ECK Associates Corp now owns 3,865,446 shares of the semiconductor provider’s stock worth $803,432,000 after purchasing an additional 824,317 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of NXP Semiconductors by 0.7% in the 3rd quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider’s stock worth $655,453,000 after purchasing an additional 20,145 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

NASDAQ NXPI opened at $236.52 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $60.11 billion, a PE ratio of 24.31, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46. The company has a 50 day moving average price of $214.86 and a two-hundred day moving average price of $227.99. NXP Semiconductors has a 12-month low of $198.21 and a 12-month high of $296.08.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. StockNews.com cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Stifel Nicolaus lowered their price objective on shares of NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a research note on Wednesday, February 5th. Loop Capital assumed coverage on shares of NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 target price for the company. Susquehanna decreased their target price on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Finally, Citigroup upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their target price for the stock from $210.00 to $290.00 in a report on Thursday. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, NXP Semiconductors currently has an average rating of “Moderate Buy” and an average target price of $267.00.

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.