Gyon Technologies Capital Management LP Has $1.65 Million Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Jan 03, 2024

Gyon Technologies Capital Management LP lowered its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Get Rating) by 15.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,430 shares of the semiconductor provider's stock after selling 1,852 shares during the period. Gyon Technologies Capital Management LP's holdings in NXP Semiconductors were worth $1,648,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Gamco Investors INC. ET AL raised its holdings in shares of NXP Semiconductors by 0.5% in the 1st quarter. Gamco Investors INC. ET AL now owns 12,120 shares of the semiconductor provider's stock worth $2,243,000 after acquiring an additional 60 shares during the last quarter. Inspire Advisors LLC raised its holdings in shares of NXP Semiconductors by 4.5% in the 4th quarter. Inspire Advisors LLC now owns 1,448 shares of the semiconductor provider's stock worth $229,000 after acquiring an additional 63 shares during the last quarter. Edmond DE Rothschild Holding S.A. raised its holdings in shares of NXP Semiconductors by 6.1% in the 3rd quarter. Edmond DE Rothschild Holding S.A. now owns 1,126 shares of the semiconductor provider's stock worth $166,000 after acquiring an additional 65 shares during the last quarter. Midwest Professional Planners LTD. raised its holdings in shares of NXP Semiconductors by 2.1% in the 4th quarter. Midwest Professional Planners LTD. now owns 3,200 shares of the semiconductor provider's stock worth $506,000 after acquiring an additional 66 shares during the last quarter. Finally, Institute for Wealth Management LLC. grew its holdings in NXP Semiconductors by 4.9% during the fourth quarter. Institute for Wealth Management LLC. now owns 1,442 shares of the semiconductor provider's stock worth $228,000 after buying an additional 68 shares in the last quarter. Institutional investors and hedge funds own 88.70% of the company's stock.

Shares of NXPI traded up $1.75 during trading hours on Thursday, hitting $188.20. The company's stock had a trading volume of 539,506 shares, compared to its average volume of 2,101,536. The company has a market cap of $48.84 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 0.70 and a beta of 1.50. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.75 and a quick ratio of 1.28. The business has a 50 day simple moving average of $172.47 and a two-hundred day simple moving average of $173.41. NXP Semiconductors has a 52-week low of $132.08 and a 52-week high of $197.71.

NXP Semiconductors (NASDAQ:NXPI - Get Rating) last issued its quarterly earnings data on Monday, May 1st. The semiconductor provider reported $2.81 EPS for the quarter, beating the consensus estimate of $2.65 by $0.16. The company had revenue of $3.12 billion during the quarter, compared to analysts' expectations of $3 billion. NXP Semiconductors had a net margin of 20.81% and a return on equity of 49.23%. On average, equities analysts expect that NXP Semiconductors will post 11.79 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 6th. Investors of record on Wednesday, June 14th will be paid a dividend of $1.014 per share. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $4.06 annualized dividend and a yield of 2.16%. NXP Semiconductors's dividend payout ratio is currently 38.93%.

In related news, EVP Christopher L. Jensen sold 9,696 shares of the business's stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $185.00, for a total transaction of $1,793,760.00. Following the completion of the transaction, the executive vice president now owns 500 shares of the company's stock, valued at $92,500. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other NXP Semiconductors news, EVP Christopher L. Jensen sold 9,696 shares of the business's stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $185.00, for a total value of $1,793,760.00. Following the completion of the transaction, the executive vice president now owns 500 shares of the company's stock, valued at approximately $92,500. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Jennifer Wuamett sold 15,000 shares of the business's stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $166.52, for a total transaction of $2,497,800.00. Following the completion of the transaction, the executive vice president now directly owns 30,569 shares of the company's stock, valued at approximately $5,090,349.88. The disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

Several equities analysts have weighed in on NXPI shares. Mizuho raised their price objective on NXP Semiconductors from $180.00 to $183.00 in a research note on Wednesday, May 3rd. Citigroup cut their price target on shares of NXP Semiconductors from $180.00 to $175.00 in a report on Wednesday, May 3rd. Needham & Company LLC increased their price objective on shares of NXP Semiconductors from $235.00 to $250.00 in a research note on Tuesday, May 2nd. Susquehanna cut their target price on NXP Semiconductors from $170.00 to $165.00 in a research note on Wednesday, May 3rd. Finally, Barclays upped their target price on NXP Semiconductors from $160.00 to $170.00 in a report on Wednesday, May 3rd. Ten analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $190.09.

NXP Semiconductors NV is a holding company, which engages in the provision of semiconductor solutions. Its portfolio includes intellectual property, deep application knowledge, process technology and manufacturing expertise in the domains of cryptography-security, high-speed interface, radio frequency (RF), mixed-signal analog-digital, power management, digital signal processing, and embedded system design.

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