Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,522 shares of the semiconductor company’s stock after selling 100 shares during the period. John G Ullman & Associates Inc.’s holdings in Texas Instruments were worth $771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. AXQ Capital LP grew its stake in shares of Texas Instruments by 64.3% during the 3rd quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock worth $731,000 after purchasing an additional 1,800 shares during the period. First National Bank of Mount Dora Trust Investment Services lifted its position in shares of Texas Instruments by 0.4% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock valued at $7,182,000 after buying an additional 155 shares in the last quarter. Verdence Capital Advisors LLC lifted its position in shares of Texas Instruments by 39.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 8,405 shares of the semiconductor company’s stock valued at $1,336,000 after buying an additional 2,397 shares in the last quarter. Salem Investment Counselors Inc. lifted its position in shares of Texas Instruments by 2.2% during the 4th quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company’s stock valued at $1,403,000 after buying an additional 177 shares in the last quarter. Finally, Chicago Capital LLC lifted its position in shares of Texas Instruments by 182.7% during the 4th quarter. Chicago Capital LLC now owns 12,859 shares of the semiconductor company’s stock valued at $2,192,000 after buying an additional 8,311 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Down 2.4 %

Shares of NASDAQ:TXN opened at $159.68 on Friday. The business has a 50-day moving average price of $168.10 and a 200 day moving average price of $161.72. The company has a current ratio of 4.55, a quick ratio of 3.35 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $145.32 billion, a price-to-earnings ratio of 22.62, a PEG ratio of 3.52 and a beta of 1.04. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. The firm had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The company’s quarterly revenue was down 12.7% on a year-over-year basis. During the same period last year, the company earned $2.13 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TXN. KeyCorp increased their target price on Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. UBS Group upgraded Texas Instruments from a “neutral” rating to a “buy” rating and increased their target price for the company from $170.00 to $195.00 in a research report on Friday, January 19th. Evercore ISI started coverage on Texas Instruments in a research report on Tuesday. They set an “outperform” rating and a $213.00 target price on the stock. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price objective on shares of Texas Instruments in a report on Tuesday, January 23rd. Finally, Barclays decreased their price objective on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $176.68.

Insider Buying and Selling at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the transaction, the director now owns 11,693 shares in the company, valued at approximately $1,869,126.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.68% of the stock is currently owned by corporate insiders.

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.