Texas Instruments Incorporated (NASDAQ:TXN) Position Lowered by Sigma Planning Corp

Sigma Planning Corp decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 59.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,381 shares of the semiconductor company’s stock after selling 12,545 shares during the quarter. Sigma Planning Corp’s holdings in Texas Instruments were worth $1,429,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TXN. Annapolis Financial Services LLC raised its stake in Texas Instruments by 333.3% during the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 120 shares during the period. Briaud Financial Planning Inc acquired a new stake in shares of Texas Instruments in the third quarter valued at approximately $25,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $25,000. Life Planning Partners Inc acquired a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $26,000. Finally, Riverview Trust Co increased its stake in shares of 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 purchasing an additional 66 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on TXN shares. Susquehanna dropped their price target on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday, January 24th. Morgan Stanley raised their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research note on Wednesday, January 24th. TD Cowen raised their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research note on Wednesday, January 24th. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 23rd. Finally, Evercore ISI assumed coverage on shares of Texas Instruments in a research note on Tuesday, April 16th. They set an “outperform” rating and a $213.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $176.68.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 1,744 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The shares were 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 of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.68% of the company’s stock.

Texas Instruments Trading Up 2.3 %

Shares of NASDAQ:TXN opened at $163.43 on Tuesday. The company has a 50 day moving average price of $168.15 and a 200 day moving average price of $161.84. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. The stock has a market capitalization of $148.73 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 3.44 and a beta of 1.04.

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

Texas Instruments 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.