Time to Buy NXP Semiconductors NV After Today’s Option Traders Bet?

 Time to Buy NXP Semiconductors NV After Today's Option Traders Bet?

In today’s session NXP Semiconductors NV (NXPI) registered an unusually high (522) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious NXPI increase. With 522 contracts traded and 5044 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: NXPI170421C00105000 closed last at: $0.8 or 23.8% down. About 1.81 million shares traded hands. NXP Semiconductors NV (NASDAQ:NXPI) has risen 21.67% since April 5, 2016 and is uptrending. It has outperformed by 19.72% the S&P500.

NXP Semiconductors NV (NASDAQ:NXPI) Ratings Coverage

Out of 23 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 12 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 52% are positive. $140 is the highest target while $90 is the lowest. The $107.79 average target is 8.48% above today’s ($99.36) stock price. NXP Semiconductors NV has been the topic of 36 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Pacific Crest maintained it with “Overweight” rating and $100 target price in Friday, April 8 report. The stock of NXP Semiconductors NV (NASDAQ:NXPI) earned “Buy” rating by Summit Redstone Partners on Wednesday, July 20. The rating was initiated by CLSA with “Buy” on Tuesday, May 17. The company was initiated on Monday, October 12 by Morgan Stanley. Nomura initiated the stock with “Buy” rating in Monday, April 11 report. The stock has “Outperform” rating given by Raymond James on Tuesday, April 19. The firm has “Equal-Weight” rating given on Friday, October 28 by Morgan Stanley. Mizuho maintained the shares of NXPI in a report on Thursday, October 27 with “Buy” rating. Oppenheimer downgraded NXP Semiconductors NV (NASDAQ:NXPI) on Friday, October 28 to “Perform” rating. The rating was downgraded by Robert W. Baird to “Neutral” on Friday, October 28.

According to Zacks Investment Research, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe.”

NXP Semiconductors N.V. is a holding company. The company has a market cap of $34.39 billion. The Firm operates as a semiconductor firm and a long-standing supplier. It has a 37.66 P/E ratio. The Firm provides high performance mixed signal and standard product solutions.

NXPI Company Profile

NXP Semiconductors N.V. (NXP), incorporated on August 2, 2006, is a holding company. The Firm operates as a semiconductor firm and a long-standing supplier. The Firm provides high performance mixed signal and standard product solutions. The Company’s divisions include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. The Company’s product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing. It engages with global original equipment manufacturers (OEMs) and sells products in all geographic regions.

More important recent NXP Semiconductors NV (NASDAQ:NXPI) news were published by: Wsj.com which released: “Qualcomm to Buy NXP Semiconductors for $39 Billion” on October 27, 2016, also Fool.com published article titled: “Is This Qualcomm Buyout the Best Deal NXP Semiconductors Could Get?”, Reuters.com published: “Qualcomm nears $37 billion deal to buy NXP Semiconductors: source” on October 21, 2016. More interesting news about NXP Semiconductors NV (NASDAQ:NXPI) was released by: Seekingalpha.com and their article: “NXP Semiconductors NV (NXPI) Richard Clemmer on Q3 2016 Results – Earnings …” with publication date: October 27, 2016.

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