Texas Instruments Incorporated (NASDAQ:TXN) Director Mark A. Blinn Sells 590 Shares

Texas Instruments Incorporated (NASDAQ:TXN) Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now owns 11,717 shares in the company, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $180.00 on Friday. The firm has a 50 day moving average of $190.17 and a 200 day moving average of $198.22. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $164.20 billion, a price-to-earnings ratio of 34.68, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the business posted $1.49 earnings per share. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Wall Street Analyst Weigh In

TXN has been the topic of several analyst reports. Barclays cut their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Wells Fargo & Company reduced their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Benchmark restated a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Truist Financial reduced their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Finally, Susquehanna lowered their target price on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research note on Monday, October 21st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and an average target price of $209.20.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Fiduciary Alliance LLC increased its position in shares of Texas Instruments by 25.3% during the fourth quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock worth $6,901,000 after purchasing an additional 7,424 shares in the last quarter. Townsquare Capital LLC grew its stake in Texas Instruments by 5.9% during the 3rd quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company’s stock worth $19,353,000 after buying an additional 5,201 shares during the last quarter. Ameritas Advisory Services LLC grew its stake in Texas Instruments by 73.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company’s stock worth $1,639,000 after buying an additional 3,707 shares during the last quarter. HB Wealth Management LLC increased its position in Texas Instruments by 4.4% during the 4th quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock valued at $18,724,000 after buying an additional 4,238 shares in the last quarter. Finally, Swiss National Bank raised its stake in Texas Instruments by 0.3% in the third quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company’s stock valued at $558,255,000 after buying an additional 8,100 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

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.