Jump Financial LLC Sells 10,785 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Jump Financial LLC decreased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 72.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,083 shares of the semiconductor company's stock after selling 10,785 shares during the quarter. Jump Financial LLC's holdings in Texas Instruments were worth $766,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in shares of Texas Instruments during the fourth quarter valued at $2,584,490,000. Assenagon Asset Management S.A. lifted its holdings in shares of Texas Instruments by 948.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company's stock valued at $899,044,000 after purchasing an additional 4,337,295 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Texas Instruments by 11.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock valued at $4,029,115,000 after purchasing an additional 2,237,035 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Texas Instruments by 15.4% during the fourth quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock valued at $2,230,086,000 after purchasing an additional 1,587,036 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Texas Instruments in the 4th quarter worth about $295,665,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Insider Activity

In other news, Director Mark A. Blinn sold 590 shares of the company's stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the sale, the director now owns 11,717 shares of the company's stock, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Richard K. Templeton sold 97,000 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now directly owns 409,089 shares in the company, valued at approximately $82,930,522.08. The trade was a 19.17 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Performance

NASDAQ:TXN traded down $0.42 during trading hours on Monday, hitting $162.44. 5,163,684 shares of the company traded hands, compared to its average volume of 6,189,795. The stock has a market capitalization of $147.81 billion, a price-to-earnings ratio of 31.30, a P/E/G ratio of 3.30 and a beta of 0.99. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39. The firm has a 50-day moving average of $173.53 and a 200 day moving average of $187.29. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

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

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th will be paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's dividend payout ratio is 103.23%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on TXN shares. JPMorgan Chase & Co. reduced their price objective on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a research note on Thursday. Summit Insights downgraded Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday. Robert W. Baird raised Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective for the company in a research note on Monday, April 7th. Citigroup dropped their target price on Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $216.00 target price on shares of Texas Instruments in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $189.41.

Texas Instruments Company 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.