Traders Sell Shares of Texas Instruments (TXN) on Strength (TXN)

Investors sold shares of Texas Instruments Incorporated (NASDAQ:TXN) on strength during trading on Friday. $72.89 million flowed into the stock on the tick-up and $148.20 million flowed out of the stock on the tick-down, for a money net flow of $75.31 million out of the stock. Of all stocks tracked, Texas Instruments had the 26th highest net out-flow for the day. Texas Instruments traded up $3.11 for the day and closed at $107.04

A number of research analysts have weighed in on TXN shares. Royal Bank of Canada reissued an “outperform” rating and set a $127.00 target price (up previously from $112.00) on shares of Texas Instruments in a research report on Monday, January 22nd. Zacks Investment Research lowered shares of Texas Instruments from a “buy” rating to a “hold” rating in a research report on Monday, January 15th. Credit Suisse Group reissued an “in-line” rating and set a $125.00 target price (up previously from $110.00) on shares of Texas Instruments in a research report on Tuesday, January 16th. BidaskClub raised shares of Texas Instruments from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 21st. Finally, Mizuho reissued a “buy” rating and set a $107.00 target price (up previously from $96.00) on shares of Texas Instruments in a research report on Tuesday, January 23rd. Fifteen investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $109.65.

The company has a debt-to-equity ratio of 0.35, a current ratio of 3.87 and a quick ratio of 3.00. The stock has a market cap of $105,490.00, a PE ratio of 29.98, a PEG ratio of 2.17 and a beta of 1.24.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.09. Texas Instruments had a net margin of 24.61% and a return on equity of 40.83%. The firm had revenue of $3.75 billion during the quarter, compared to analyst estimates of $3.74 billion. During the same quarter in the prior year, the business posted $0.91 earnings per share. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. equities analysts anticipate that Texas Instruments Incorporated will post 4.97 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, February 12th. Investors of record on Wednesday, January 31st were given a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.32%. The ex-dividend date was Tuesday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 69.47%.

In other Texas Instruments news, VP Haviv Ilan sold 23,831 shares of the company’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $110.36, for a total transaction of $2,629,989.16. Following the sale, the vice president now directly owns 131,153 shares of the company’s stock, valued at $14,474,045.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Kevin J. Ritchie sold 49,955 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $103.00, for a total transaction of $5,145,365.00. The disclosure for this sale can be found here. Insiders sold 757,632 shares of company stock valued at $83,306,399 in the last three months. Company insiders own 0.96% of the company’s stock.

A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. grew its stake in Texas Instruments by 2.5% during the fourth quarter. BlackRock Inc. now owns 68,815,117 shares of the semiconductor company’s stock worth $7,187,053,000 after buying an additional 1,682,070 shares during the last quarter. Capital International Investors grew its stake in Texas Instruments by 3.0% during the third quarter. Capital International Investors now owns 14,794,402 shares of the semiconductor company’s stock worth $1,326,170,000 after buying an additional 435,938 shares during the last quarter. Janus Henderson Group PLC grew its stake in Texas Instruments by 16.5% during the third quarter. Janus Henderson Group PLC now owns 14,482,401 shares of the semiconductor company’s stock worth $1,298,212,000 after buying an additional 2,055,040 shares during the last quarter. Geode Capital Management LLC grew its stake in Texas Instruments by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 11,948,264 shares of the semiconductor company’s stock worth $1,245,591,000 after buying an additional 388,827 shares during the last quarter. Finally, Jennison Associates LLC grew its stake in Texas Instruments by 31.0% during the fourth quarter. Jennison Associates LLC now owns 8,708,463 shares of the semiconductor company’s stock worth $909,512,000 after buying an additional 2,061,255 shares during the last quarter. 83.89% of the stock is currently owned by hedge funds and other institutional investors.

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Texas Instruments Company Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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