NXP Semiconductors (NXPI) Gets a Hold Rating from Oppenheimer

Oppenheimer analyst Rick Schafer maintained a Hold rating on NXP Semiconductors (NXPI) yesterday. The company’s shares closed last Monday at $134.89, close to its 52-week high of $145.15.

According to TipRanks.com, Schafer is a top 100 analyst with an average return of 19.0% and a 76.9% success rate. Schafer covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Akoustis Technologies, and Skyworks Solutions.

Currently, the analyst consensus on NXP Semiconductors is a Strong Buy with an average price target of $151.44.

See today’s analyst top recommended stocks >>

The company has a one-year high of $145.15 and a one-year low of $58.41. Currently, NXP Semiconductors has an average volume of 2.06M.

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NXPI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

NXP Semiconductors NV is a holding company, which engages in the provision of semiconductor solutions. It focuses on high performance mixed signal (HMPS), which delivers high performance mixed signal solutions to its customers to satisfy their system and sub-systems needs across the application areas such as automotive, identification, mobile, consumer, computing, wireless infrastructure, lighting and industrial, and software solutions for mobile phones. Its products include Arm Processors, Arm MCUs, and Power Architecture. The company was founded on August 2, 2006 and is headquartered in Eindhoven, the Netherlands.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts