Intellectus Partners LLC,
Maxwell Wealth Strategies Inc., and
CIBC Asset Management Inc have increased their positions in
NXP Semiconductors. On the other hand,
ING Groep NV,
Sumitomo Mitsui Trust Group Inc,
Los Angeles Capital Management LLC, and
GSA Capital Partners LLP have decreased their holdings.
NXP Semiconductors reported its Q3 2024 earnings, exhibiting a stock decline. However, the cyclical slowdown is not stopping analysts who anticipate a
24% upside for the company. Investment firms
Entropy Technologies LP and
Fiera Capital Corp are new entrants to NXPI's shareholders list. Reports have shown weakness in Industrial and IoT markets in Q3, leading to a decreased stock price. NXP Semiconductors has a strong position in powering the
AI boom given its expanding AI portfolio, which is speculated to push the stock higher. Despite insiders selling shares,
Principal Financial Group Inc and
Philip James Wealth Management LLC have bolstered their NXPI positions.
Goldman Sachs and
BlackRock remain bullish on this AI stock. Volatility in share prices is evident amidst lowered price targets from
Mizuho and
Needham & Company LLC.
Nxp Semiconductors Stocks NXPI News Analytics from Mon, 29 Apr 2024 07:00:00 GMT to Sat, 16 Nov 2024 15:03:57 GMT -
Rating 4
- Innovation 7
- Information 6
- Rumor -3
