Why Is NXP Semiconductors (NXPI) Rising Today?

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

Date Reported Holder Percentage Shares Value
2023-03-31 JP Morgan Chase & Company 10% 26,149,320 $4,878,414,681
2023-03-31 FMR, LLC 10% 25,290,635 $4,718,218,488
2023-03-31 Blackrock Inc. 7% 17,391,226 $3,244,505,487
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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.