Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Independent Advisor Alliance

Independent Advisor Alliance grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 27.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,813 shares of the semiconductor company's stock after purchasing an additional 6,066 shares during the quarter. Independent Advisor Alliance's holdings in Texas Instruments were worth $4,673,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Briaud Financial Planning Inc acquired a new position in Texas Instruments during the 3rd quarter worth approximately $25,000. Tennessee Valley Asset Management Partners acquired a new position in Texas Instruments in the fourth quarter worth about $25,000. Life Planning Partners Inc bought a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $26,000. Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of Texas Instruments during the fourth quarter worth $31,000. Finally, AMH Equity Ltd acquired a new stake in Texas Instruments during the third quarter worth about $32,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Price Performance

Shares of NASDAQ:TXN traded up $0.05 during trading on Friday, hitting $195.02. 4,534,186 shares of the company were exchanged, compared to its average volume of 6,191,140. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $196.55. The company has a market capitalization of $177.56 billion, a P/E ratio of 30.42, a price-to-earnings-growth ratio of 4.19 and a beta of 1.01. The business's 50 day moving average is $174.52 and its 200-day moving average is $165.88.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The business had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. During the same quarter last year, the business earned $1.85 EPS. The firm's quarterly revenue was down 16.4% on a year-over-year basis. Equities analysts forecast that Texas Instruments Incorporated will post 5.17 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be given a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.67%. The ex-dividend date is Tuesday, May 7th. Texas Instruments's payout ratio is currently 81.12%.

Insider Buying and Selling at Texas Instruments

In related news, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $179.12, for a total value of $1,789,408.80. Following the completion of the sale, the director now directly owns 33,348 shares of the company's stock, valued at approximately $5,973,293.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, Chairman Richard K. Templeton sold 104,000 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $178.68, for a total value of $18,582,720.00. Following the sale, the chairman now directly owns 403,851 shares of the company's stock, valued at $72,160,096.68. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction on Monday, April 29th. The shares were sold at an average price of $179.12, for a total value of $1,789,408.80. Following the sale, the director now directly owns 33,348 shares of the company's stock, valued at approximately $5,973,293.76. The disclosure for this sale can be found here. In the last 90 days, insiders sold 328,969 shares of company stock worth $58,427,984. 0.68% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have commented on TXN. UBS Group upgraded shares of Texas Instruments from a "neutral" rating to a "buy" rating and upped their target price for the stock from $170.00 to $195.00 in a research report on Friday, January 19th. TD Cowen lifted their target price on shares of Texas Instruments from $160.00 to $175.00 and gave the stock a "hold" rating in a research report on Wednesday, April 24th. Barclays cut their target price on shares of Texas Instruments from $160.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 24th. KeyCorp lifted their price target on Texas Instruments from $180.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, January 24th. Finally, Oppenheimer reissued a "market perform" rating on shares of Texas Instruments in a research report on Wednesday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $180.57.

About Texas Instruments

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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