FTB Advisors Inc. Sells 493 Shares of NXP Semiconductors NV (NXPI)

FTB Advisors Inc. reduced its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 13.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,198 shares of the semiconductor provider’s stock after selling 493 shares during the period. FTB Advisors Inc.’s holdings in NXP Semiconductors NV were worth $331,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Elliott Management Corp acquired a new position in NXP Semiconductors NV during the fourth quarter valued at approximately $88,923,000. AMP Capital Investors Ltd increased its position in NXP Semiconductors NV by 9.8% in the third quarter. AMP Capital Investors Ltd now owns 105,687 shares of the semiconductor provider’s stock valued at $10,158,000 after buying an additional 9,407 shares during the period. Advisors Asset Management Inc. increased its position in NXP Semiconductors NV by 22.3% in the third quarter. Advisors Asset Management Inc. now owns 41,113 shares of the semiconductor provider’s stock valued at $4,194,000 after buying an additional 7,484 shares during the period. Eton Park Capital Management L.P. acquired a new position in NXP Semiconductors NV during the fourth quarter valued at approximately $330,419,000. Finally, Hudson Bay Capital Management LP increased its position in NXP Semiconductors NV by 276.7% in the fourth quarter. Hudson Bay Capital Management LP now owns 470,839 shares of the semiconductor provider’s stock valued at $46,147,000 after buying an additional 345,839 shares during the period. Institutional investors and hedge funds own 80.30% of the company’s stock.

Institutional Ownership by Quarter for NXP Semiconductors NV (NASDAQ:NXPI)

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Several equities analysts have commented on NXPI shares. Zacks Investment Research downgraded shares of NXP Semiconductors NV from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 14th. Needham & Company LLC reaffirmed a “strong-buy” rating and set a $110.00 price objective on shares of NXP Semiconductors NV in a research report on Monday, January 30th. Vetr cut shares of NXP Semiconductors NV from a “buy” rating to a “hold” rating and set a $104.99 price objective for the company. in a research report on Tuesday, February 7th. Canaccord Genuity reaffirmed a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors NV in a research report on Tuesday, January 31st. Finally, Oppenheimer Holdings Inc. reaffirmed a “market perform” rating on shares of NXP Semiconductors NV in a research report on Tuesday, February 7th. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. NXP Semiconductors NV has a consensus rating of “Hold” and a consensus price target of $109.61.

NXP Semiconductors NV Company Profile

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

5 Day Chart for NASDAQ:NXPI

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