Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. reduced its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Get Rating) by 12.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,676 shares of the semiconductor company’s stock after selling 369 shares during the period. M Holdings Securities Inc.’s holdings in Texas Instruments were worth $414,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TXN. Endurance Wealth Management Inc. purchased a new stake in shares of Texas Instruments during the 3rd quarter worth about $26,000. SJS Investment Consulting Inc. purchased a new stake in shares of Texas Instruments during the 3rd quarter worth about $27,000. Core Wealth Advisors Inc. boosted its stake in shares of Texas Instruments by 993.8% during the 3rd quarter. Core Wealth Advisors Inc. now owns 175 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 159 shares in the last quarter. Ten Capital Wealth Advisors LLC boosted its stake in shares of Texas Instruments by 685.7% during the 3rd quarter. Ten Capital Wealth Advisors LLC now owns 220 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 192 shares in the last quarter. Finally, Beacon Capital Management LLC boosted its stake in shares of Texas Instruments by 34.5% during the 3rd quarter. Beacon Capital Management LLC now owns 234 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 60 shares in the last quarter. 83.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TXN shares. Barclays increased their target price on shares of Texas Instruments from $150.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Monday, January 23rd. Susquehanna increased their target price on Texas Instruments from $205.00 to $210.00 and gave the company a “positive” rating in a report on Friday, February 3rd. Cowen boosted their price target on Texas Instruments from $160.00 to $175.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 25th. UBS Group boosted their price target on Texas Instruments from $165.00 to $190.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 25th. Finally, BMO Capital Markets upped their target price on Texas Instruments from $195.00 to $215.00 and gave the company an “outperform” rating in a report on Wednesday, January 25th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and an average price target of $179.70.

Texas Instruments Price Performance

TXN stock opened at $174.39 on Thursday. The company has a debt-to-equity ratio of 0.56, a current ratio of 4.70 and a quick ratio of 3.77. The firm has a market capitalization of $158.03 billion, a P/E ratio of 18.55, a P/E/G ratio of 2.44 and a beta of 1.04. The business’s 50-day moving average is $175.41 and its two-hundred day moving average is $169.37. Texas Instruments Incorporated has a 1 year low of $144.46 and a 1 year high of $191.34.

Texas Instruments (NASDAQ:TXN – Get Rating) last posted its quarterly earnings results on Tuesday, January 24th. The semiconductor company reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.96 by $0.17. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.64 billion. Texas Instruments had a return on equity of 61.06% and a net margin of 43.68%. Texas Instruments’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.27 EPS. Analysts anticipate that Texas Instruments Incorporated will post 7.53 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 14th. Stockholders of record on Tuesday, January 31st were issued a $1.24 dividend. The ex-dividend date was Monday, January 30th. This represents a $4.96 dividend on an annualized basis and a dividend yield of 2.84%. Texas Instruments’s payout ratio is currently 52.77%.

Insider Activity

In other news, VP Ahmad Bahai sold 1,200 shares of the stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $176.67, for a total value of $212,004.00. Following the transaction, the vice president now owns 30,357 shares in the company, valued at approximately $5,363,171.19. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Texas Instruments news, VP Ahmad Bahai sold 1,200 shares of Texas Instruments stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $176.67, for a total transaction of $212,004.00. Following the transaction, the vice president now owns 30,357 shares of the company’s stock, valued at $5,363,171.19. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Blinn sold 3,068 shares of the stock in a transaction that occurred on Friday, February 3rd. The shares were sold at an average price of $181.69, for a total value of $557,424.92. Following the completion of the sale, the director now directly owns 11,773 shares of the company’s stock, valued at $2,139,036.37. The disclosure for this sale can be found here. Company insiders own 0.54% of the company’s stock.

About Texas Instruments

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Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through Analog and Embedded Processing segments. The Analog segment includes semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors.