BlackRock Amends NXP Semiconductors Stake to 7.7%

Ticker: NXPI · Form: SC 13G/A · Filed: 2024-02-06T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, passive-investment, amendment, semiconductors

Related Tickers: NXPI

TL;DR

**BlackRock now owns 7.7% of NXP Semiconductors, a slight decrease from prior filings.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on February 6, 2024, disclosing its ownership in NXP Semiconductors N.V. (NXPI) as of December 31, 2023. This filing indicates BlackRock's passive investment, holding 20,442,868 shares, which represents 7.7% of NXP Semiconductors' common stock. This matters to investors because BlackRock, as a major institutional investor, has slightly reduced its stake from a previous filing, signaling a minor shift in its conviction for NXP Semiconductors, which could influence other investors.

Why It Matters

This filing shows BlackRock's updated ownership in NXP Semiconductors, providing transparency on a significant institutional investor's position and potentially influencing market sentiment.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate significant risk to the company or its stock.

Analyst Insight

Investors should note BlackRock's continued, albeit slightly adjusted, significant passive stake in NXP Semiconductors, which suggests long-term institutional confidence without indicating any immediate aggressive moves.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13G/A filing?

The reporting person is BlackRock, Inc., as stated in item (1) of the Schedule 13G.

What is the name of the issuer whose securities are being reported?

The issuer is NXP Semiconductors N.V., as identified in the 'Name of Issuer' section of the Schedule 13G.

What was the date of the event that required BlackRock to file this statement?

The date of the event which required the filing of this statement was December 31, 2023, as specified in the Schedule 13G.

What rule under the Securities Exchange Act of 1934 is BlackRock filing this Schedule 13G/A under?

BlackRock is filing this Schedule 13G/A under Rule 13d-1(b), as indicated by the checked box in the filing.

What is the SEDOL Number for the class of securities reported?

The SEDOL Number for the Common Stock of NXP Semiconductors N.V. is B505PN7, as listed in the Schedule 13G.

From the Filing

0001086364-24-006583.txt : 20240206 0001086364-24-006583.hdr.sgml : 20240206 20240206093555 ACCESSION NUMBER: 0001086364-24-006583 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240206 DATE AS OF CHANGE: 20240206 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NXP Semiconductors N.V. CENTRAL INDEX KEY: 0001413447 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85657 FILM NUMBER: 24598358 BUSINESS ADDRESS: BUSINESS PHONE: 31 6 54 265349 MAIL ADDRESS: STREET 1: HIGH TECH CAMPUS 60 CITY: EINDHOVEN STATE: P7 ZIP: 5656AG FORMER COMPANY: FORMER CONFORMED NAME: KASLION Acquisition B.V. DATE OF NAME CHANGE: 20070925 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 nl0009538784_020524.txt nl0009538784_020524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 3) NXP Semiconductors N.V. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) B505PN7 -------------------------------------------------------- (SEDOL Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SEDOL No. B505PN7 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 17058427 (6) Shared voting power 0 (7) Sole dispositive power 18347843 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 18347843 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.1% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- NXP Semiconductors N.V. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 60 HIGH TECH CAMPUS EINDHOVEN Netherlands 5656 AG Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: ------------

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