Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Decreased by Maytus Capital Management LLC

Maytus Capital Management LLC reduced its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 75.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the semiconductor company's stock after selling 30,000 shares during the quarter. Maytus Capital Management LLC's holdings in Texas Instruments were worth $1,875,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Promus Capital LLC purchased a new position in Texas Instruments in the 4th quarter worth about $25,000. Financial Life Planners acquired a new position in shares of Texas Instruments during the 4th quarter worth about $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments during the fourth quarter worth about $27,000. Summit Securities Group LLC acquired a new position in Texas Instruments in the fourth quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Texas Instruments in the 4th quarter valued at $28,000. Institutional investors own 84.99% of the company's stock.

Insider Buying and Selling

In related news, Director Janet F. Clark sold 6,065 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $202.68, for a total value of $19,659,960.00. Following the transaction, the chairman now directly owns 409,089 shares of the company's stock, valued at approximately $82,914,158.52. This trade represents a 19.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 297,065 shares of company stock valued at $59,734,685. 0.57% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

TXN has been the subject of several recent analyst reports. Barclays downgraded shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and lowered their target price for the company from $180.00 to $125.00 in a research note on Tuesday, April 22nd. Summit Insights cut shares of Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Benchmark dropped their price objective on Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a report on Thursday, April 24th. JPMorgan Chase & Co. lowered their target price on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $216.00 price target on shares of Texas Instruments in a report on Thursday, April 24th. Four equities 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 assigned a strong buy rating to the stock. According to data from MarketBeat, Texas Instruments currently has an average rating of "Hold" and an average target price of $189.41.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $187.28 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $220.39. The stock's 50 day simple moving average is $167.13 and its two-hundred day simple moving average is $184.82. The company has a market cap of $170.14 billion, a price-to-earnings ratio of 36.08, a PEG ratio of 3.30 and a beta of 0.97.

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 for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.10 earnings per share. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

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.

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