After this afternoon's 2.9% surge to $186.56 per share, NXP Semiconductors might just keep moving past its target price of $195.92. With an average analyst rating of buy, and target prices from $155.0 to $250.0, the stock's next move is anyone's guess.
The stock has an average amount of shares sold short at 2.7%, and a short ratio of 2.8. The company's insiders own 0.15% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 94.6% of NXP Semiconductors's shares being owned by this investor type.
Institutions Invested in NXP Semiconductors
|2023-03-31||JP Morgan Chase & Company||10%||26,149,320||$4,878,414,681|
|2023-03-31||Vanguard Group, Inc. (The)||4%||10,740,145||$2,003,680,441|
|2023-03-31||State Street Corporation||4%||10,011,984||$1,867,834,793|
|2023-03-31||Wellington Management Group, LLP||4%||9,809,182||$1,830,000,071|
|2023-03-31||Massachusetts Financial Services Co.||4%||9,762,000||$1,821,197,802|
|2023-03-31||T. Rowe Price Investment Management, Inc.||3%||7,533,749||$1,405,495,505|
|2023-03-31||Geode Capital Management, LLC||2%||4,611,435||$860,308,880|
|2023-03-31||Pictet Asset Management SA||2%||4,587,646||$855,870,806|
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on NXP Semiconductors.