Wealth Firm Adds NXP Semiconductors, Execs Sell - Top Stocks

Heritage Wealth Management LLC is a famous wealth management firm in the US. They made a report to the SEC about a 141.0% increase in their ownership of NXP Semiconductors (NASDAQ:NXPI). Heritage Wealth Management bought an extra 6,492 shares during Q4 of 2022. Now they own 11,095 shares of NXP Semiconductors. Their recent SEC filing revealed that their total holdings in the company were worth $1,753,000.

The people from NXP Semiconductors sold some shares. Christopher L. Jensen sold 9,696 shares and got $1,793,760.00. Jennifer Wuamett sold 15,000 shares and got $2,497,800.00. This information was reported to the SEC and can be found on their website.

Even though the company had some changes and executives sold some positions, the NXPI stock is doing well on NASDAQ. On June 3rd, the stock traded up by $0.41 per share and reached $181.41 with a volume of 688,812.

This jump is important. The market cap valuation is $47.08 billion. The PE ratio is good at 17.44. This means the company is managing its money well. Shareholders should invest more in NXP Semiconductors. You can trade their stocks on NASDAQ as NXPI.

Buy a strong debt to equity ratio.

The price to earnings ratio is a good investment opportunity. It is a strong buy.

The price to book ratio is a strong buy.

No data found for social sentiment on this stock.

Hedge Funds Pump Up Investments In NXP Semiconductors

Hedge funds and institutional investors have put more money into NXP Semiconductors. This is a Dutch company that makes computer chips.

BDO Wealth Advisors LLC got even more NXP Semiconductors shares in Q4 2023. They got 122 extra shares, which made the NXP share price worth $27,000. This was a 239.2% increase in BDO's position.

Massmutual Trust Co FSB ADV bought 117 new shares of the company to increase its position. Optiver Holding BV bought a new stake in NXP during last year's Q4 for around $32,000.

Hedge funds and investors own about 88.70% of NXP Semiconductors. This happened because of some developments. Now it is a reality.

The trend is going up because of positive comments made by market analysts about NXPI stock last year. Truist Financial increased its target from $210 to $217 per share. Nine people say to buy the stock, one person said strongly to buy it, and ten people said to hold it.

Citigroup changed their mind about NXP's stock. They thought it would be worth $180 a share, but now they think it's only worth $175 a share. This happened because people started feeling less excited about NXP.

Shareholders have good news in the form of a dividend announcement. The company will pay out over $1 per share to investors on July 6th. This applies to those who held positions with the company until June 14th. The annual yield is almost 2.25%.

There's a lot happening in the market for NXP Semiconductors. Tech investors shouldn't ignore it. Something important might be happening.

Elaine has been managing an investment portfolio for 9 years. She uses fundamental analysis and value investing. She focuses on long-term time horizons.