Monument Capital Management Sells 179 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Monument Capital Management reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 6.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,497 shares of the semiconductor company’s stock after selling 179 shares during the period. Monument Capital Management’s holdings in Texas Instruments were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Tennessee Valley Asset Management Partners bought a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $25,000. Life Planning Partners Inc bought a new stake in Texas Instruments during the fourth quarter worth $26,000. Annapolis Financial Services LLC lifted 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 purchasing an additional 120 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in Texas Instruments during the third quarter worth $25,000. Finally, Riverview Trust Co lifted its stake in Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 66 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of the business’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 value of $278,778.40. Following the transaction, 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 Securities & Exchange Commission, which is available through this link. Company insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

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

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, beating 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 business had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the previous year, the business earned $2.13 EPS. The company’s quarterly revenue was down 12.7% on a year-over-year basis. Equities research analysts expect that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TXN. Cantor Fitzgerald upped their target price on Texas Instruments from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. Rosenblatt Securities restated a “buy” rating and set a $190.00 target price on shares of Texas Instruments in a research note on Tuesday, January 23rd. Mizuho cut their target price on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. Susquehanna cut their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a research note on Wednesday, January 24th. Finally, Evercore ISI started coverage on Texas Instruments in a research note on Tuesday, April 16th. They set an “outperform” rating and a $213.00 target price for the company. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $176.68.

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.