Nxp Semiconductor Nv (NXPI) Stake Has Raised by Fore Research & Management Lp

October 13, 2017 - By Richard Conner

Fore Research & Management Lp increased its stake in Nxp Semiconductor Nv (NXPI) by 250% based on its latest 2017Q2 regulatory filing with the SEC. Fore Research & Management Lp bought 50,000 shares as the company’s stock rose 5.22% with the market. The hedge fund held 70,000 shares of the semiconductors company at the end of 2017Q2, valued at $7.66 million, up from 20,000 at the end of the previous reported quarter. Fore Research & Management Lp who had been investing in Nxp Semiconductor Nv for a number of months, seems to be bullish on the $39.96B market cap company. The stock rose 0.26% or $0.3 reaching $115.48 per share. About 223,514 shares traded. NXP Semiconductors NV (NASDAQ:NXPI) has risen 24.67% since October 13, 2016 and is uptrending. It has outperformed by 7.97% the S&P500.

More notable recent NXP Semiconductors NV (NASDAQ:NXPI) news were published by: Nasdaq.com which released: “Qualcomm Offers Concession to EU for NXP Semiconductors Deal” on October 11, 2017, also Nasdaq.com with their article: “Telecom Stock Roundup: Verizon Unveils New Prepaid Plan, Qualcomm Offers …” published on October 12, 2017, Globenewswire.com published: “NXP Awarded Excellence in Quality for 2017 by Cisco” on September 18, 2017. More interesting news about NXP Semiconductors NV (NASDAQ:NXPI) were released by: Reuters.com and their article: “‘Overwhelming’ view is Qualcomm will up offer for NXP: Morgan Stanley” published on October 09, 2017 as well as Zacks.com‘s news article titled: “Qualcomm Extends Cash Tender Offer for NXP Semiconductors” with publication date: September 27, 2017.

NXP Semiconductors NV (NASDAQ:NXPI) Ratings Coverage

Among 27 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 9 have Buy rating, 1 Sell and 17 Hold. Therefore 33% are positive. NXP Semiconductors NV has $140 highest and $90 lowest target. $105.14’s average target is -8.95% below currents $115.48 stock price. NXP Semiconductors NV had 52 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of NXP Semiconductors NV (NASDAQ:NXPI) has “Hold” rating given on Friday, September 1 by Stifel Nicolaus. The stock of NXP Semiconductors NV (NASDAQ:NXPI) has “Outperform” rating given on Tuesday, August 2 by Robert W. Baird. As per Thursday, August 3, the company rating was maintained by Drexel Hamilton. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Friday, October 28. The firm has “Hold” rating given on Thursday, October 27 by Jefferies. The stock has “Buy” rating by Canaccord Genuity on Friday, October 30. The stock has “Neutral” rating by Citigroup on Wednesday, December 21. SunTrust maintained the stock with “Hold” rating in Wednesday, October 11 report. The firm earned “Hold” rating on Wednesday, September 6 by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, September 1 by SunTrust.

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