NXP Semiconductors (NASDAQ:NXPI) Director Kenneth A. Goldman sold 1,000 shares of NXP Semiconductors stock in a transaction dated Thursday, September 16th. The shares were sold at an average price of $211.32, for a total value of $211,320.00. Following the sale, the director now directly owns 3,792 shares in the company, valued at $801,325.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Kenneth A. Goldman also recently made the following trade(s):
- On Monday, August 23rd, Kenneth A. Goldman sold 2,500 shares of NXP Semiconductors stock. The shares were sold at an average price of $210.77, for a total value of $526,925.00.
Shares of NXP Semiconductors stock opened at $202.78 on Tuesday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.79 and a current ratio of 2.27. NXP Semiconductors has a 52 week low of $117.25 and a 52 week high of $228.72. The stock has a 50 day moving average price of $208.58 and a two-hundred day moving average price of $202.44. The stock has a market capitalization of $53.76 billion, a PE ratio of 55.25, a price-to-earnings-growth ratio of 2.35 and a beta of 1.40.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 6th. Shareholders of record on Wednesday, September 15th will be paid a $0.563 dividend. The ex-dividend date of this dividend is Tuesday, September 14th. This represents a $2.25 dividend on an annualized basis and a yield of 1.11%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 33.19%.
A number of analysts have recently commented on NXPI shares. Susquehanna Bancshares lifted their price target on NXP Semiconductors from $200.00 to $215.00 and gave the company a “neutral” rating in a research note on Wednesday, August 4th. KeyCorp lifted their price target on NXP Semiconductors from $235.00 to $245.00 and gave the company an “overweight” rating in a research note on Tuesday, August 3rd. Barclays lifted their price target on NXP Semiconductors from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Wednesday, August 4th. Mizuho downgraded NXP Semiconductors from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $225.00 to $220.00 in a research report on Thursday, July 15th. Finally, Argus started coverage on NXP Semiconductors in a research report on Friday, September 3rd. They set a “buy” rating and a $260.00 price objective for the company. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $222.31.
Institutional investors have recently made changes to their positions in the business. Boston Partners grew its stake in NXP Semiconductors by 4.3% in the first quarter. Boston Partners now owns 3,705,061 shares of the semiconductor provider’s stock valued at $745,984,000 after acquiring an additional 154,176 shares during the period. Oregon Public Employees Retirement Fund boosted its position in shares of NXP Semiconductors by 2.5% during the second quarter. Oregon Public Employees Retirement Fund now owns 118,577 shares of the semiconductor provider’s stock valued at $24,394,000 after buying an additional 2,936 shares during the last quarter. Aviva PLC boosted its position in shares of NXP Semiconductors by 88.1% during the second quarter. Aviva PLC now owns 175,995 shares of the semiconductor provider’s stock valued at $36,206,000 after buying an additional 82,440 shares during the last quarter. Pinebridge Investments L.P. boosted its position in shares of NXP Semiconductors by 8.8% during the first quarter. Pinebridge Investments L.P. now owns 42,230 shares of the semiconductor provider’s stock valued at $8,503,000 after buying an additional 3,410 shares during the last quarter. Finally, Gotham Asset Management LLC boosted its position in shares of NXP Semiconductors by 918.6% during the first quarter. Gotham Asset Management LLC now owns 47,907 shares of the semiconductor provider’s stock valued at $9,646,000 after buying an additional 43,204 shares during the last quarter. 90.75% of the stock is owned by hedge funds and other institutional investors.
NXP Semiconductors Company Profile
NXP Semiconductors NV is a holding company, which engages in the provision of semiconductor solutions. It focuses on high performance mixed signal (HMPS), which delivers high performance mixed signal solutions to its customers to satisfy their system and sub-systems needs across the application areas such as automotive, identification, mobile, consumer, computing, wireless infrastructure, lighting and industrial, and software solutions for mobile phones.
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