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

Number of Hedge Fund Holders: 55

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) rose over four percent this morning after the Dutch semiconductor company managed to beat profit and sales estimates for the third quarter.

NXP Semiconductors N.V. (NASDAQ:NXPI) reported earnings of $2.79 per share on revenue of $3.45 billion. On the other hand, analysts were looking for earnings of $2.75 per share on sales of $3.43 billion

Among other updates, NXP Semiconductors N.V. (NASDAQ:NXPI) reported that it repurchased 2.50 million shares of its common stock for $400 million during the quarter. Moving forward, NXP guided for revenue between $3.2 – $3.4 billion for the fourth quarter.

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