Checchi Capital Advisers LLC Sells 187 Shares of NXP Semiconductors NV (NASDAQ:NXPI)

Checchi Capital Advisers LLC lessened its holdings in NXP Semiconductors NV (NASDAQ:NXPI) by 9.1% during the third quarter, HoldingsChannel.com reports. The firm owned 1,862 shares of the semiconductor provider’s stock after selling 187 shares during the period. Checchi Capital Advisers LLC’s holdings in NXP Semiconductors were worth $203,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in NXPI. Fulton Bank N.A. lifted its position in shares of NXP Semiconductors by 28.2% in the second quarter. Fulton Bank N.A. now owns 6,222 shares of the semiconductor provider’s stock worth $608,000 after purchasing an additional 1,367 shares in the last quarter. Verde Servicos Internacionais S.A. bought a new stake in shares of NXP Semiconductors in the second quarter worth $5,085,000. WINTON GROUP Ltd lifted its position in shares of NXP Semiconductors by 237.5% in the second quarter. WINTON GROUP Ltd now owns 8,070 shares of the semiconductor provider’s stock worth $788,000 after purchasing an additional 5,679 shares in the last quarter. First American Trust FSB lifted its position in shares of NXP Semiconductors by 5.5% in the second quarter. First American Trust FSB now owns 39,931 shares of the semiconductor provider’s stock worth $3,897,000 after purchasing an additional 2,067 shares in the last quarter. Finally, Pinnacle Bank lifted its position in shares of NXP Semiconductors by 25.4% in the second quarter. Pinnacle Bank now owns 558 shares of the semiconductor provider’s stock worth $54,000 after purchasing an additional 113 shares in the last quarter. 88.80% of the stock is currently owned by institutional investors and hedge funds.

In other NXP Semiconductors news, EVP Keith M. Shull sold 4,569 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $105.53, for a total value of $482,166.57. Following the transaction, the executive vice president now directly owns 13,783 shares in the company, valued at $1,454,519.99. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Keith M. Shull sold 4,196 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $108.14, for a total transaction of $453,755.44. Following the completion of the transaction, the executive vice president now owns 9,587 shares in the company, valued at $1,036,738.18. The disclosure for this sale can be found here. Over the last quarter, insiders sold 34,248 shares of company stock worth $3,975,779.

A number of analysts have recently commented on NXPI shares. TheStreet lowered shares of NXP Semiconductors from a “b” rating to a “c+” rating in a research report on Tuesday, October 29th. Needham & Company LLC reissued a “buy” rating and issued a $140.00 price objective on shares of NXP Semiconductors in a research report on Tuesday, October 29th. Loop Capital set a $130.00 target price on shares of NXP Semiconductors and gave the stock a “buy” rating in a report on Thursday, September 26th. BidaskClub upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Thursday, September 12th. Finally, Zacks Investment Research upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. Seven research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $119.45.

NASDAQ:NXPI opened at $117.48 on Friday. NXP Semiconductors NV has a one year low of $67.62 and a one year high of $120.84. The company has a market cap of $33.20 billion, a P/E ratio of 14.94, a P/E/G ratio of 1.49 and a beta of 1.26. The firm’s fifty day moving average price is $111.28 and its two-hundred day moving average price is $102.27. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.54.

NXP Semiconductors Profile

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 Article: How Investors Can Profit from Options Trading

Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors NV (NASDAQ:NXPI).

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

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.