Choreo LLC decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,416 shares of the semiconductor company’s stock after selling 3,142 shares during the period. Choreo LLC’s holdings in Texas Instruments were worth $8,895,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Wealth Investment Group LLC purchased a new stake in Texas Instruments in the 2nd quarter valued at $25,000. Pacifica Partners Inc. increased its stake in Texas Instruments by 85.2% in the third quarter. Pacifica Partners Inc. now owns 150 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 69 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Texas Instruments in the third quarter valued at about $29,000. Osterweis Capital Management Inc. boosted its stake in shares of Texas Instruments by 1,810.0% during the second quarter. Osterweis Capital Management Inc. now owns 191 shares of the semiconductor company’s stock worth $40,000 after buying an additional 181 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Texas Instruments by 69.9% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 192 shares of the semiconductor company’s stock worth $40,000 after buying an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.
Texas Instruments Stock Down 0.2%
Shares of NASDAQ TXN opened at $212.11 on Friday. The stock has a market capitalization of $192.50 billion, a price-to-earnings ratio of 38.99, a price-to-earnings-growth ratio of 1.92 and a beta of 1.01. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $231.32. The firm has a 50-day moving average price of $201.49 and a 200 day moving average price of $186.35. The company has a quick ratio of 2.83, a current ratio of 4.35 and a debt-to-equity ratio of 0.83.
Texas Instruments Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 30th were issued a dividend of $1.42 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $5.68 annualized dividend and a yield of 2.7%. Texas Instruments’s payout ratio is currently 104.41%.
Insider Activity at Texas Instruments
In other Texas Instruments news, VP Ahmad Bahai sold 6,500 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $230.79, for a total value of $1,500,135.00. Following the sale, the vice president owned 42,488 shares of the company’s stock, valued at approximately $9,805,805.52. This represents a 13.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Mark Gary sold 12,921 shares of Texas Instruments stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $230.10, for a total value of $2,973,122.10. Following the transaction, the vice president directly owned 45,547 shares of the company’s stock, valued at $10,480,364.70. This trade represents a 22.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 114,284 shares of company stock valued at $25,531,935 in the last 90 days. 0.57% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on TXN. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Texas Instruments in a research report on Monday, December 29th. Mizuho lifted their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, January 28th. BNP Paribas Exane upgraded shares of Texas Instruments from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 22nd. Stifel Nicolaus raised their target price on shares of Texas Instruments from $200.00 to $215.00 and gave the stock a “hold” rating in a research note on Wednesday, January 28th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $205.00 price target on shares of Texas Instruments in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $214.77.
Read Our Latest Research Report on TXN
Texas Instruments Company Profile
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
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