Texas Instruments Incorporated (NASDAQ:TXN) VP Darla H. Whitaker Sells 40,000 Shares

Texas Instruments Incorporated (NASDAQ:TXN) VP Darla H. Whitaker sold 40,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $138.52, for a total transaction of $5,540,800.00. Following the completion of the sale, the vice president now directly owns 89,524 shares of the company’s stock, valued at approximately $12,400,864.48. The sale was disclosed in a filing with the SEC, which is accessible through this link.

NASDAQ TXN traded up $0.20 during trading on Friday, hitting $137.35. The company had a trading volume of 2,062,918 shares, compared to its average volume of 5,883,283. The company has a current ratio of 3.92, a quick ratio of 2.94 and a debt-to-equity ratio of 0.82. Texas Instruments Incorporated has a one year low of $93.09 and a one year high of $139.14. The company has a market cap of $126.99 billion, a price-to-earnings ratio of 25.77, a price-to-earnings-growth ratio of 2.83 and a beta of 1.11. The company’s fifty day moving average is $130.28 and its 200-day moving average is $119.81.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, July 21st. The semiconductor company reported $1.48 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.60. Texas Instruments had a net margin of 36.83% and a return on equity of 60.61%. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $2.96 billion. During the same period in the prior year, the business earned $1.36 EPS. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.05 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be issued a $0.90 dividend. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $3.60 annualized dividend and a yield of 2.62%. Texas Instruments’s dividend payout ratio (DPR) is presently 68.70%.

TXN has been the subject of a number of research reports. Citigroup upped their price objective on shares of Texas Instruments from $138.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Mizuho upped their price objective on shares of Texas Instruments from $111.00 to $127.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. BMO Capital Markets upped their price objective on shares of Texas Instruments from $150.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. BNP Paribas cut shares of Texas Instruments from a “neutral” rating to an “underperform” rating and set a $108.00 price objective for the company. in a research note on Thursday, July 9th. Finally, Loop Capital cut shares of Texas Instruments from a “buy” rating to a “hold” rating and cut their price objective for the company from $145.00 to $108.00 in a research note on Wednesday, April 22nd. Four investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $134.00.

Several institutional investors have recently modified their holdings of TXN. Macquarie Group Ltd. increased its stake in Texas Instruments by 7.0% during the 4th quarter. Macquarie Group Ltd. now owns 409,351 shares of the semiconductor company’s stock valued at $52,515,000 after purchasing an additional 26,649 shares in the last quarter. Capital Investment Advisors LLC increased its stake in Texas Instruments by 23.3% during the 1st quarter. Capital Investment Advisors LLC now owns 2,241 shares of the semiconductor company’s stock valued at $224,000 after purchasing an additional 424 shares in the last quarter. Brookstone Capital Management increased its stake in Texas Instruments by 28.2% during the 1st quarter. Brookstone Capital Management now owns 4,376 shares of the semiconductor company’s stock valued at $437,000 after purchasing an additional 962 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its stake in Texas Instruments by 24.2% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 1,948 shares of the semiconductor company’s stock valued at $195,000 after purchasing an additional 379 shares in the last quarter. Finally, YHB Investment Advisors Inc. increased its stake in Texas Instruments by 5.1% during the 1st quarter. YHB Investment Advisors Inc. now owns 2,052 shares of the semiconductor company’s stock valued at $205,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 83.83% of the company’s stock.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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Insider Buying and Selling by Quarter for Texas Instruments (NASDAQ:TXN)

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