NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC lowered its stake in NXP Semiconductors (NASDAQ:NXPI) by 18.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,153 shares of the semiconductor provider’s stock after selling 255 shares during the quarter. Schechter Investment Advisors LLC’s holdings in NXP Semiconductors were worth $240,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NXPI. ORG Wealth Partners LLC boosted its stake in NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC boosted its stake in NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock worth $29,000 after purchasing an additional 88 shares during the last quarter. FSA Wealth Management LLC acquired a new stake in NXP Semiconductors during the 3rd quarter worth $33,000. Brooklyn Investment Group boosted its stake in 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 during the last quarter. Finally, Fortitude Family Office LLC boosted its stake in NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Down 1.1 %

Shares of NASDAQ:NXPI opened at $214.47 on Friday. 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 firm has a market capitalization of $54.39 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46. The firm’s 50-day moving average is $216.01 and its two-hundred day moving average is $226.53. NXP Semiconductors has a 1 year low of $198.21 and a 1 year high of $296.08.

Wall Street Analysts Forecast Growth

NXPI has been the topic of several recent research reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Truist Financial boosted their price target on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Barclays lowered their price target on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. JPMorgan Chase & Co. lowered their price target on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Finally, TD Cowen lowered their price target on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $267.00.

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.