Mason Capital Management LLC Raised Nxp Semiconductors N V (NXPI) Stake by $136.04 Million

May 18, 2018 - By Hazel Jackson

NXP Semiconductors N.V. (NASDAQ:NXPI) Logo

Kenneth Mario Garschina increased its stake in Nxp Semiconductors N V (NXPI) by 162.62% based on its latest 2017Q4 regulatory filing with the SEC. Mason Capital Management Llc bought 1.16 million shares as the company’s stock rose 4.13% while stock markets declined. The hedge fund run by Kenneth Mario Garschina held 1.88 million shares of the semiconductors company at the end of 2017Q4, valued at $219.86M, up from 715,000 at the end of the previous reported quarter. Mason Capital Management Llc who had been investing in Nxp Semiconductors N V for a number of months, seems to be bullish on the $36.71B market cap company. The stock decreased 1.96% or $2.13 during the last trading session, reaching $106.71. About 8.34 million shares traded or 25.29% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 17.73% since May 18, 2017 and is uptrending. It has outperformed by 6.18% the S&P500.

More notable recent NXP Semiconductors N.V. (NASDAQ:NXPI) news were published by: Seekingalpha.com which released: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” on May 17, 2018, also Nasdaq.com with their article: “China Eases the Pressure on Qualcomm’s NXP Deal” published on May 15, 2018, 247Wallst.com published: “Qualcomm, NXP Merger Hits Chinese Wall” on April 19, 2018. More interesting news about NXP Semiconductors N.V. (NASDAQ:NXPI) were released by: Seekingalpha.com and their article: “NXP Semiconductors -4% on Q1 revenue miss” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “China restarts Qualcomm-NXP deal review” with publication date: May 14, 2018.

NXP Semiconductors N.V. (NASDAQ:NXPI) Ratings Coverage

Among 9 analysts covering NXP Semiconductors (NASDAQ:NXPI), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. NXP Semiconductors had 12 analyst reports since February 7, 2018 according to SRatingsIntel. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) earned “Hold” rating by Deutsche Bank on Thursday, March 15. The rating was upgraded by Drexel Hamilton to “Buy” on Thursday, May 3. The firm has “Hold” rating by Bernstein given on Thursday, May 3. The firm has “Hold” rating given on Monday, February 12 by Jefferies. SunTrust upgraded the stock to “Buy” rating in Friday, April 27 report. Drexel Hamilton maintained the stock with “Hold” rating in Thursday, February 8 report. The company was maintained on Thursday, February 8 by Bernstein. The rating was maintained by Oppenheimer on Wednesday, February 7 with “Hold”. On Thursday, May 3 the stock rating was maintained by Oppenheimer with “Hold”. The rating was maintained by Stifel Nicolaus on Friday, May 4 with “Hold”.

NXP Semiconductors N.V. (NASDAQ:NXPI) Ratings Chart

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