SVB Wealth LLC Makes New Investment in NXP Semiconductors (NASDAQ:NXPI)

SVB Wealth LLC purchased a new position in shares of NXP Semiconductors (NASDAQ:NXPI) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 2,908 shares of the semiconductor provider’s stock, valued at approximately $604,000.

Other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC increased its stake in shares of NXP Semiconductors by 915.4% in the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after acquiring an additional 119 shares in the last quarter. Sound Income Strategies LLC increased its stake in NXP Semiconductors by 169.2% in the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after purchasing an additional 88 shares in the last quarter. FSA Wealth Management LLC acquired a new position in shares of NXP Semiconductors during the third quarter valued at about $33,000. Brooklyn Investment Group boosted its position in shares of NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after purchasing an additional 66 shares in the last quarter. Finally, Fortitude Family Office LLC grew its stake in shares of NXP Semiconductors by 52.4% in the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock valued at $45,000 after buying an additional 75 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on NXPI shares. Wells Fargo & Company began coverage on NXP Semiconductors in a research note on Friday, November 22nd. They set an “overweight” rating and a $250.00 price target on the stock. StockNews.com lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Citigroup upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating and increased their price target for the stock from $210.00 to $290.00 in a report on Thursday, February 20th. Loop Capital started coverage on NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 price target on the stock. Finally, Truist Financial lifted their price objective on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, NXP Semiconductors currently has an average rating of “Moderate Buy” and an average target price of $267.00.

NXP Semiconductors Trading Up 0.4 %

NASDAQ NXPI opened at $216.53 on Tuesday. The stock has a market capitalization of $54.92 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 3.01 and a beta of 1.46. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The business’s fifty day moving average is $216.08 and its 200-day moving average is $226.99.

NXP Semiconductors Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.