TPI Composites files for Chapter 11 bankruptcy, plans delisting from Nasdaq
NXP Semiconductors N.V. (NASDAQ:NXPI) President Rafael Sotomayor sold 2,000 shares of common stock on August 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $219.5745, for a total transaction value of $439,149. The stock has since risen to $230.52, showing strong momentum with an 11.95% gain over the past week. According to InvestingPro data, analysts maintain a bullish outlook with price targets ranging from $210 to $289.
Following the transaction, Sotomayor directly owns 4,958 shares of NXP Semiconductors , a prominent player in the semiconductors industry with a market capitalization of $58.12 billion. InvestingPro subscribers can access 7 additional key insights about NXPI’s financial health and market position through the comprehensive Pro Research Report.
In other recent news, NXP Semiconductors has announced the pricing of $1.5 billion in senior unsecured notes through its subsidiaries. The offering includes $500 million of 4.300% notes due 2028, $300 million of 4.850% notes due 2032, and $700 million of 5.250% notes due 2035. Additionally, STMicroelectronics has entered into an agreement to acquire NXP Semiconductors’ MEMS sensors business for up to $950 million in cash, with the transaction expected to close in the first half of 2026 pending regulatory approvals. On the analyst front, Truist Securities raised its price target for NXP Semiconductors to $252, maintaining a Buy rating, noting a modest second-quarter earnings beat and improved third-quarter guidance. Bernstein SocGen Group also increased its price target to $220, maintaining a Market Perform rating, citing a "fine" earnings report and positive cyclical trends in the industry. Furthermore, Cantor Fitzgerald raised its price target to $280, maintaining an Overweight rating, highlighting NXP’s solid performance and a beat and raise quarter. These developments reflect ongoing strategic and financial activities at NXP Semiconductors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.