FMR LLC & Abigail Johnson Maintain 9.989% Stake in NXP Semi
Ticker: NXPI · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z
Sentiment: bullish
Topics: institutional-ownership, amendment, semiconductors
TL;DR
**FMR LLC still owns nearly 10% of NXP Semiconductors, a bullish sign from a big player.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in NXP Semiconductors N.V. (NXPI) to 9.989% as of February 9, 2024. This represents a beneficial ownership of 25,750,144 shares of common stock. This filing indicates that FMR LLC continues to be a significant institutional holder, which can provide a level of stability and confidence for current and prospective investors in NXP Semiconductors.
Why It Matters
This filing shows that a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, continue to hold a substantial stake in NXP Semiconductors, signaling their ongoing confidence in the company's prospects.
Risk Assessment
Risk Level: low — This is an amendment to an existing filing, indicating a stable, significant ownership position by a large institutional investor, which generally reduces risk.
Analyst Insight
A smart investor would view this continued significant stake by FMR LLC as a vote of confidence, potentially reinforcing a decision to hold or consider buying NXP Semiconductors stock, especially given the stability implied by an institutional investor maintaining a large position.
Key Numbers
- 25,750,144 — Shares Beneficially Owned (Total common stock shares of NXP Semiconductors N.V. held by FMR LLC and Abigail P. Johnson.)
- 9.989% — Percent of Class (The percentage of NXP Semiconductors N.V.'s common stock beneficially owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- NXP Semiconductors N.V. (company) — issuer of the common stock
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- 25,750,144 (dollar_amount) — number of shares beneficially owned
- 9.989% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- FMR LLC will maintain a significant, stable ownership stake in NXP Semiconductors N.V. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing for both entities.
What is the total number of NXP Semiconductors N.V. common shares beneficially owned by the reporting persons?
According to Item 4(a) and Item 7 on the cover page for both FMR LLC and Abigail P. Johnson, the total amount beneficially owned is 25,750,144 shares.
What percentage of NXP Semiconductors N.V.'s common stock do the reporting persons beneficially own?
The reporting persons beneficially own 9.989% of the class, as indicated in Item 4(b) and Item 11 on the cover page for both FMR LLC and Abigail P. Johnson.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box on the first page of the filing.
What is the CUSIP number for NXP Semiconductors N.V. common stock?
The CUSIP number for NXP Semiconductors N.V. common stock is N6596X109, as stated in the filing.
From the Filing
0000315066-24-001292.txt : 20240209 0000315066-24-001292.hdr.sgml : 20240209 20240209092831 ACCESSION NUMBER: 0000315066-24-001292 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 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: 24611891 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: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.7 NXP SEMICONDUCTORS NV COMMON STOCK Cusip #N6596X109 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) Cusip #N6596X109 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 24,327,524 Item 6: 0 Item 7: 25,750,144 Item 8: 0 Item 9: 25,750,144 Item 11: 9.989% Item 12: HC Cusip #N6596X109 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 25,750,144 Item 8: 0 Item 9: 25,750,144 Item 11: 9.989% Item 12: IN Item 1(a). Name of Issuer: NXP SEMICONDUCTORS NV Item 1(b). Address of Issuer's Principal Executive Offices: High Tech Campus 60 Eindhoven, 5656AG Netherlands Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: N6596X109 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 25,750,144 (b) Percent of Class: 9.989% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 25,750,144 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of NXP SEMICONDUCTORS NV. No one other person's interest in the COMMON STOCK of NXP SEMICONDUCTORS NV is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief