This is the 5908th most frequent Dutch word.
philippe
"Philippe" is not a Dutch word but a French male given name.
In this sentence, 'Philippe' is used as a proper noun to refer to the name of an individual.
Philippe is een zeer getalenteerde muzikant.
Philippe is a very talented musician.
Here, 'Philippe' again acts as a proper noun indicating a specific person who is the subject of the action.
Ik denk dat Philippe morgen naar het concert gaat.
I think Philippe is going to the concert tomorrow.
In this context, 'Philippe' serves to identify the actor in question, showing possession or responsibility for an action.