Rep. Robert Bresnahan, Jr. Buys NXP Semiconductors (NASDAQ:NXPI) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of NXP Semiconductors (NASDAQ:NXPI). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in NXP Semiconductors stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.
  • Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/16/2025.
  • Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/11/2025.
  • Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/10/2025.
  • Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
  • Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
  • Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $192.17 on Monday. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The firm’s fifty day simple moving average is $188.87 and its two-hundred day simple moving average is $209.49. NXP Semiconductors has a 12 month low of $148.09 and a 12 month high of $296.08. The stock has a market capitalization of $48.55 billion, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 3.01 and a beta of 1.38.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last announced its quarterly earnings data on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.05. NXP Semiconductors had a return on equity of 31.45% and a net margin of 19.90%. The company had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the previous year, the business earned $3.24 EPS. The firm’s revenue was down 9.3% compared to the same quarter last year. As a group, analysts predict that NXP Semiconductors will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $4.06 annualized dividend and a yield of 2.11%. NXP Semiconductors’s payout ratio is 44.12%.

Institutional Trading of NXP Semiconductors

Several institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank bought a new stake in NXP Semiconductors during the fourth quarter worth $672,224,000. Van ECK Associates Corp boosted its holdings in NXP Semiconductors by 27.1% during the 4th quarter. Van ECK Associates Corp now owns 3,865,446 shares of the semiconductor provider’s stock worth $803,432,000 after acquiring an additional 824,317 shares during the last quarter. Voloridge Investment Management LLC grew its stake in shares of NXP Semiconductors by 131.4% in the 4th quarter. Voloridge Investment Management LLC now owns 1,025,517 shares of the semiconductor provider’s stock worth $213,154,000 after acquiring an additional 582,317 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of NXP Semiconductors by 26,732.0% in the 1st quarter. GAMMA Investing LLC now owns 583,864 shares of the semiconductor provider’s stock worth $110,969,000 after acquiring an additional 581,688 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of NXP Semiconductors by 1,172.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider’s stock valued at $115,396,000 after purchasing an additional 511,553 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on NXPI shares. Arete Research upgraded shares of NXP Semiconductors to a “strong-buy” rating in a research note on Tuesday, March 25th. Barclays reduced their price target on shares of NXP Semiconductors from $230.00 to $190.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Needham & Company LLC dropped their price objective on shares of NXP Semiconductors from $230.00 to $225.00 and set a “buy” rating on the stock in a report on Tuesday, April 29th. Susquehanna cut their price objective on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Finally, UBS Group reduced their target price on NXP Semiconductors from $265.00 to $250.00 and set a “buy” rating for the company in a research note on Wednesday, April 30th. Four equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $250.37.

Read Our Latest Report on NXPI

Insider Activity at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the completion of the sale, the chief operating officer now owns 8,828 shares in the company, valued at approximately $1,808,504.08. This trade represents a 10.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.11% of the stock is owned by insiders.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

NXP Semiconductors Company Profile

(Get Free Report)

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.

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