In a filing, NXP Semiconductors NV revealed its EVP Human Resources Jensen Christopher L unloaded Company’s shares for reported $1.18 million on Feb 29 ’24. In the deal valued at $248.41 per share,4,765 shares were sold. As a result of this transaction, Jensen Christopher L now holds 0 shares worth roughly $0.0.
Then, SUMME GREGORY L sold 4,695 shares, generating $1,151,520 in total proceeds. Upon selling the shares at $245.27, the Director now owns 7,097 shares.
Before that, Wuamett Jennifer sold 4,000 shares. NXP Semiconductors NV shares valued at $979,102 were divested by the EVP & General Counsel at a price of $244.78 per share. As a result of the transaction, Wuamett Jennifer now holds 33,769 shares, worth roughly $8.71 million.
Evercore ISI initiated its NXP Semiconductors NV [NXPI] rating to an Outperform in a research note published on April 16, 2024; the price target was $300. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid March has reiterated a ‘”an Outperform”‘ rating for it. TD Cowen also remained covering NXPI and reiterated its “an Outperform” recommendation on February 07, 2024. Cantor Fitzgerald started covering the stock on January 23, 2024. It rated NXPI as “an Overweight”.
Price Performance Review of NXPI
On Friday, NXP Semiconductors NV [NASDAQ:NXPI] saw its stock jump 1.41% to $257.85. Over the last five days, the stock has gained 6.24%. NXP Semiconductors NV shares have risen nearly 12.26% since the year began. Nevertheless, the stocks have risen 53.89% over the past one year. While a 52-week high of $264.26 was reached on 03/07/24, a 52-week low of $161.23 was recorded on 01/17/24. SMA at 50 days reached $242.78, while 200 days put it at $216.19. A total of 2.51 million shares were traded, compared to the trading of 2.32 million shares in the previous session.
Levels Of Support And Resistance For NXPI Stock
The 24-hour chart illustrates a support level at 255.94, which if violated will result in even more drops to 254.02. On the upside, there is a resistance level at 260.94. A further resistance level may holdings at 264.02. The Relative Strength Index (RSI) on the 14-day chart is 62.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 16.92, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.68%. Stochastics %K at 84.22% indicates the stock is a selling.
