Vident Advisory LLC Purchases 1,397 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Vident Advisory LLC raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,527 shares of the semiconductor company's stock after purchasing an additional 1,397 shares during the period. Vident Advisory LLC's holdings in Texas Instruments were worth $5,162,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vivaldi Capital Management LP grew its holdings in Texas Instruments by 3.6% during the fourth quarter. Vivaldi Capital Management LP now owns 2,036 shares of the semiconductor company's stock valued at $381,000 after purchasing an additional 71 shares during the period. Waters Parkerson & CO. LLC boosted its holdings in shares of Texas Instruments by 5.0% in the fourth quarter. Waters Parkerson & CO. LLC now owns 5,749 shares of the semiconductor company's stock worth $1,078,000 after acquiring an additional 275 shares during the period. Texas Bank & Trust Co bought a new position in shares of Texas Instruments in the fourth quarter worth $2,860,000. TrinityPoint Wealth LLC boosted its holdings in shares of Texas Instruments by 130.0% in the fourth quarter. TrinityPoint Wealth LLC now owns 15,155 shares of the semiconductor company's stock worth $2,842,000 after acquiring an additional 8,565 shares during the period. Finally, Tang Capital Management LLC boosted its holdings in shares of Texas Instruments by 56.3% in the fourth quarter. Tang Capital Management LLC now owns 6,568 shares of the semiconductor company's stock worth $1,232,000 after acquiring an additional 2,366 shares during the period. 84.99% of the stock is owned by institutional investors.

Texas Instruments Trading Down 0.1%

NASDAQ TXN opened at $188.34 on Tuesday. The stock's 50-day simple moving average is $167.54 and its two-hundred day simple moving average is $184.17. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $171.10 billion, a price-to-earnings ratio of 36.29, a PEG ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The company's quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.10 earnings per share. Research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 2.89%. Texas Instruments's dividend payout ratio is currently 103.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on TXN shares. Citigroup cut their price target on Texas Instruments from $235.00 to $210.00 and set a "buy" rating for the company in a report on Friday, April 11th. Mizuho set a $170.00 price target on Texas Instruments in a report on Thursday, April 24th. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Argus raised Texas Instruments to a "strong-buy" rating in a report on Friday, April 25th. Finally, Wells Fargo & Company dropped their price objective on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $189.41.

Insider Transactions at Texas Instruments

In related news, Director Janet F. Clark sold 6,065 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. This trade represents a 35.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the sale, the chairman now directly owns 409,089 shares in the company, valued at $82,930,522.08. The trade was a 19.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 297,065 shares of company stock worth $59,734,685. Company insiders own 0.57% of the company's stock.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.

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