Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,908 shares of the semiconductor company’s stock after selling 667 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Texas Instruments were worth $4,416,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Annapolis Financial Services LLC increased its holdings in Texas Instruments by 333.3% in the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 120 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in shares of Texas Instruments in the third quarter worth $25,000. Tennessee Valley Asset Management Partners acquired a new position in shares of Texas Instruments in the fourth quarter worth $25,000. Life Planning Partners Inc acquired a new position in shares of Texas Instruments in the fourth quarter worth $26,000. Finally, AMH Equity Ltd acquired a new position in shares of Texas Instruments in the third quarter worth $32,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In related news, Director Pamela H. Patsley sold 9,990 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the transaction, the director now owns 33,348 shares of the company’s stock, valued at $5,973,293.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Texas Instruments news, Chairman Richard K. Templeton sold 104,000 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $175.83, for a total transaction of $18,286,320.00. Following the transaction, the chairman now owns 403,851 shares of the company’s stock, valued at $71,009,121.33. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the transaction, the director now directly owns 33,348 shares in the company, valued at approximately $5,973,293.76. The disclosure for this sale can be found here. Insiders have sold 228,529 shares of company stock valued at $40,502,458 over the last quarter. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

TXN has been the subject of several research reports. Mizuho boosted their price target on shares of Texas Instruments from $164.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 24th. Benchmark restated a “buy” rating and issued a $210.00 price target on shares of Texas Instruments in a research note on Wednesday, April 24th. UBS Group upgraded shares of Texas Instruments from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $170.00 to $195.00 in a research note on Friday, January 19th. Evercore ISI boosted their price target on shares of Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 24th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Texas Instruments in a research report on Wednesday, April 24th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $180.74.

Texas Instruments Stock Performance

NASDAQ TXN traded up $3.11 during trading on Friday, reaching $178.91. The company’s stock had a trading volume of 4,545,090 shares, compared to its average volume of 6,059,944. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.76 and a current ratio of 4.91. The firm has a market cap of $162.89 billion, a price-to-earnings ratio of 27.91, a P/E/G ratio of 3.75 and a beta of 1.01. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The business’s fifty day moving average price is $170.68 and its 200-day moving average price is $162.98.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The business had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. During the same period in the previous year, the business posted $1.85 earnings per share. The business’s revenue was down 16.4% compared to the same quarter last year. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.21 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

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.