Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,345 shares of the semiconductor company’s stock after purchasing an additional 762 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Texas Instruments were worth $1,593,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Annapolis Financial Services LLC boosted its stake in Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 120 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in Texas Instruments in the third quarter valued at $25,000. Tennessee Valley Asset Management Partners acquired a new position in Texas Instruments in the fourth quarter valued at $25,000. Life Planning Partners Inc acquired a new position in Texas Instruments in the fourth quarter valued at $26,000. Finally, Riverview Trust Co boosted its stake in 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 acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

TXN has been the subject of several research analyst reports. Stifel Nicolaus upped their price objective on shares of Texas Instruments from $160.00 to $172.00 and gave the company a “hold” rating in a research note on Wednesday. TD Cowen increased their target price on shares of Texas Instruments from $160.00 to $175.00 and gave the stock a “hold” rating in a research note on Wednesday. Morgan Stanley increased their target price on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 24th. Evercore ISI assumed coverage on shares of Texas Instruments in a report on Tuesday, April 16th. They set an “outperform” rating and a $213.00 price target for the company. Finally, Benchmark reaffirmed a “buy” rating and issued a $210.00 target price on shares of Texas Instruments in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $181.16.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction 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 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 SEC, which can be accessed through the SEC website. 0.68% of the stock is owned by company insiders.

Texas Instruments Trading Up 6.4 %

NASDAQ TXN traded up $10.56 during mid-day trading on Wednesday, reaching $176.03. 8,187,996 shares of the stock were exchanged, compared to its average volume of 5,592,687. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The business’s fifty day simple moving average is $168.32 and its 200 day simple moving average is $161.90. The stock has a market capitalization of $160.20 billion, a PE ratio of 24.95, a PEG ratio of 3.52 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55.

Texas Instruments (NASDAQ:TXN) last announced its 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 37.16% and a return on equity of 39.96%. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. During the same quarter last year, the business earned $1.85 earnings per share. Texas Instruments’s revenue was down 16.4% compared to the same quarter last year. On average, research analysts anticipate that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

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.