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.
