Intrepid Family Office LLC Raises Holdings in NXP Semiconductors N.V. $NXPI

Intrepid Family Office LLC boosted its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 132.0% during the 4th quarter, HoldingsChannel reports. The fund owned 23,200 shares of the semiconductor provider’s stock after purchasing an additional 13,200 shares during the period. NXP Semiconductors accounts for about 4.3% of Intrepid Family Office LLC’s holdings, making the stock its 7th largest position. Intrepid Family Office LLC’s holdings in NXP Semiconductors were worth $5,036,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. MCF Advisors LLC increased its stake in NXP Semiconductors by 25.3% during the fourth quarter. MCF Advisors LLC now owns 213 shares of the semiconductor provider’s stock worth $46,000 after acquiring an additional 43 shares during the last quarter. Aptus Capital Advisors LLC grew its stake in shares of NXP Semiconductors by 1.3% during the fourth quarter. Aptus Capital Advisors LLC now owns 3,464 shares of the semiconductor provider’s stock valued at $752,000 after buying an additional 43 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of NXP Semiconductors by 0.6% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,426 shares of the semiconductor provider’s stock valued at $1,829,000 after buying an additional 50 shares during the last quarter. IHT Wealth Management LLC grew its stake in shares of NXP Semiconductors by 4.6% during the second quarter. IHT Wealth Management LLC now owns 1,193 shares of the semiconductor provider’s stock valued at $261,000 after buying an additional 52 shares during the last quarter. Finally, Equitable Holdings Inc. grew its stake in shares of NXP Semiconductors by 1.4% during the fourth quarter. Equitable Holdings Inc. now owns 3,813 shares of the semiconductor provider’s stock valued at $828,000 after buying an additional 54 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Christopher L. Jensen sold 1,746 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $316.53, for a total transaction of $552,661.38. Following the completion of the sale, the executive vice president owned 3,643 shares in the company, valued at approximately $1,153,118.79. This represents a 32.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Hardy sold 5,289 shares of the stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $235.00, for a total value of $1,242,915.00. Following the sale, the executive vice president owned 2,020 shares of the company’s stock, valued at approximately $474,700. This represents a 72.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,611 shares of company stock worth $3,182,068 over the last 90 days. Company insiders own 0.05% of the company’s stock.

NXP Semiconductors Stock Down 1.5%

NXP Semiconductors stock opened at $298.20 on Thursday. The business has a fifty day moving average of $277.29 and a two-hundred day moving average of $240.95. The company has a quick ratio of 1.55, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. The firm has a market cap of $75.29 billion, a P/E ratio of 28.54, a P/E/G ratio of 1.09 and a beta of 1.77. NXP Semiconductors N.V. has a twelve month low of $183.00 and a twelve month high of $339.95.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.07. The company had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.NXP Semiconductors’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.64 earnings per share. On average, analysts forecast that NXP Semiconductors N.V. will post 13.38 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Wednesday, June 24th will be issued a dividend of $1.014 per share. The ex-dividend date is Wednesday, June 24th. This represents a $4.06 dividend on an annualized basis and a yield of 1.4%. NXP Semiconductors’s dividend payout ratio is currently 38.76%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Evercore upped their target price on NXP Semiconductors from $260.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of NXP Semiconductors in a report on Wednesday, April 29th. Citigroup boosted their price target on NXP Semiconductors from $255.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Barclays boosted their price target on NXP Semiconductors from $295.00 to $340.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Finally, KeyCorp boosted their price target on NXP Semiconductors from $300.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average price target of $295.92.

NXP Semiconductors Company 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.