NXP Semiconductors N.V. $NXPI Stock Bought by Envestnet Asset Management Inc.
MarketBeat
Envestnet Asset Management Inc. significantly increased its stake in NXP Semiconductors N.V. by 16.6% in the second quarter, now holding 415,129 shares valued at $116.7 million. Other institutional investors also adjusted their positions, with 90.54% of the stock owned by institutions and hedge funds. NXP Semiconductors exceeded analyst expectations with its latest quarterly earnings and revenue, while maintaining a "Moderate Buy" consensus rating from analysts with a target price of $305.65.
Read the full story
This is a short summary. The complete article is published by MarketBeat.
Headline and summary aggregated from public news feeds. For information only — not financial advice.