TRUE Private Wealth Advisors Has $226,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

TRUE Private Wealth Advisors cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 12.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,327 shares of the semiconductor company’s stock after selling 184 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Texas Instruments were worth $226,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Salem Investment Counselors Inc. increased its stake in shares of Texas Instruments by 16.8% in the first quarter. Salem Investment Counselors Inc. now owns 417 shares of the semiconductor company’s stock valued at $77,000 after buying an additional 60 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in Texas Instruments by 2.8% in the first quarter. International Assets Investment Management LLC now owns 2,266 shares of the semiconductor company’s stock valued at $416,000 after acquiring an additional 61 shares during the last quarter. Polar Capital Holdings Plc boosted its holdings in Texas Instruments by 0.6% in the first quarter. Polar Capital Holdings Plc now owns 9,822 shares of the semiconductor company’s stock valued at $1,802,000 after acquiring an additional 63 shares during the last quarter. Riverview Trust Co boosted its holdings in Texas Instruments by 57.4% in the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 66 shares during the last quarter. Finally, Howard Financial Services LTD. boosted its holdings in Texas Instruments by 3.1% in the fourth quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock valued at $371,000 after acquiring an additional 66 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, 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 SEC, which is available at the SEC website. Insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TXN. Cantor Fitzgerald raised their price target on Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Morgan Stanley raised their price target on Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a report on Wednesday, January 24th. KeyCorp raised their target price on Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, January 24th. Susquehanna reduced their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a report on Wednesday, January 24th. Finally, TD Cowen raised their target price on Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a report on Wednesday, January 24th. Three equities 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’s stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and an average target price of $176.68.

Texas Instruments Trading Down 1.2 %

NASDAQ:TXN opened at $163.67 on Friday. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The business has a 50 day moving average price of $168.16 and a two-hundred day moving average price of $161.72. The company has a market cap of $148.95 billion, a P/E ratio of 23.18, a price-to-earnings-growth ratio of 3.56 and a beta of 1.04.

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

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.