Credit Suisse AG Sells 25,629 Shares of NXP Semiconductors N.V. (NXPI)

Credit Suisse AG decreased its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 1.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,336,761 shares of the semiconductor provider’s stock after selling 25,629 shares during the period. Credit Suisse AG owned approximately 0.53% of NXP Semiconductors N.V. worth $138,355,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Tudor Investment Corp ET AL boosted its stake in shares of NXP Semiconductors N.V. by 16.7% in the first quarter. Tudor Investment Corp ET AL now owns 607,753 shares of the semiconductor provider’s stock worth $62,902,000 after buying an additional 87,099 shares during the period. Canyon Capital Advisors LLC bought a new stake in shares of NXP Semiconductors N.V. during the first quarter worth about $5,228,000. Soros Fund Management LLC boosted its stake in shares of NXP Semiconductors N.V. by 79.3% in the first quarter. Soros Fund Management LLC now owns 323,500 shares of the semiconductor provider’s stock worth $33,482,000 after buying an additional 143,100 shares during the period. Ionic Capital Management LLC boosted its stake in shares of NXP Semiconductors N.V. by 27.2% in the first quarter. Ionic Capital Management LLC now owns 58,083 shares of the semiconductor provider’s stock worth $6,011,000 after buying an additional 12,403 shares during the period. Finally, Paulson & CO. Inc. boosted its stake in shares of NXP Semiconductors N.V. by 203.6% in the first quarter. Paulson & CO. Inc. now owns 1,132,300 shares of the semiconductor provider’s stock worth $117,193,000 after buying an additional 759,300 shares during the period. 76.84% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors N.V. (NXPI) opened at 109.40 on Friday. NXP Semiconductors N.V. has a 12 month low of $75.04 and a 12 month high of $109.98. The company has a market capitalization of $27.54 billion, a price-to-earnings ratio of 20.03 and a beta of 0.92. The stock’s 50 day moving average price is $108.65 and its 200 day moving average price is $103.46.

ILLEGAL ACTIVITY NOTICE: This news story was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright law. The…

Read the full article from the Source…

Leave a Reply

Your email address will not be published. Required fields are marked *