NXP Semiconductors N.V. $NXPI Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. decreased its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 95.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132 shares of the semiconductor provider’s stock after selling 2,625 shares during the period. Geneos Wealth Management Inc.’s holdings in NXP Semiconductors were worth $30,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brown Lisle Cummings Inc. lifted its holdings in NXP Semiconductors by 121.7% during the second quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 84 shares in the last quarter. Delos Wealth Advisors LLC purchased a new stake in shares of NXP Semiconductors during the second quarter worth about $35,000. True Wealth Design LLC raised its position in shares of NXP Semiconductors by 375.6% during the 2nd quarter. True Wealth Design LLC now owns 195 shares of the semiconductor provider’s stock worth $43,000 after purchasing an additional 154 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in NXP Semiconductors in the 2nd quarter valued at about $43,000. Finally, North Capital Inc. boosted its holdings in NXP Semiconductors by 119.8% in the 3rd quarter. North Capital Inc. now owns 189 shares of the semiconductor provider’s stock worth $43,000 after buying an additional 103 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

NXPI has been the subject of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of NXP Semiconductors in a report on Wednesday, October 8th. Arete boosted their price target on NXP Semiconductors from $273.90 to $324.40 and gave the stock a “buy” rating in a research report on Monday, December 8th. TD Cowen reduced their price objective on NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating for the company in a research note on Friday, October 10th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $280.00 target price on shares of NXP Semiconductors in a research note on Tuesday, October 28th. Finally, Stifel Nicolaus set a $215.00 target price on shares of NXP Semiconductors in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.62.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $240.81 on Thursday. The stock’s fifty day moving average is $216.77 and its two-hundred day moving average is $220.73. The firm has a market capitalization of $60.60 billion, a P/E ratio of 29.80, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.69 and a current ratio of 2.37. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $255.45.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Tuesday, October 28th. The semiconductor provider reported $3.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.12 by ($0.01). The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.15 billion. NXP Semiconductors had a return on equity of 26.92% and a net margin of 17.11%.The firm’s revenue was down 2.4% compared to the same quarter last year. During the same period last year, the business earned $3.45 earnings per share. On average, research analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 10th were paid a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. NXP Semiconductors’s payout ratio is 50.25%.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, insider Julie Southern acquired 225 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were purchased at an average cost of $225.48 per share, for a total transaction of $50,733.00. Following the completion of the acquisition, the insider owned 11,937 shares of the company’s stock, valued at approximately $2,691,554.76. The trade was a 1.92% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Christopher L. Jensen sold 2,300 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $228.17, for a total value of $524,791.00. Following the completion of the transaction, the executive vice president owned 9,965 shares of the company’s stock, valued at $2,273,714.05. The trade was a 18.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 23,097 shares of company stock worth $5,003,058 in the last ninety days. 0.12% of the stock is owned by insiders.

NXP Semiconductors Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.