Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Brady Family Wealth LLC

Brady Family Wealth LLC cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,832 shares of the semiconductor company’s stock after selling 975 shares during the period. Texas Instruments comprises about 1.8% of Brady Family Wealth LLC’s investment portfolio, making the stock its 16th biggest holding. Brady Family Wealth LLC’s holdings in Texas Instruments were worth $5,969,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. One Capital Management LLC boosted its stake in Texas Instruments by 47.3% during the 2nd quarter. One Capital Management LLC now owns 3,188 shares of the semiconductor company’s stock valued at $620,000 after acquiring an additional 1,024 shares during the last quarter. Perennial Investment Advisors LLC acquired a new stake in shares of Texas Instruments in the 2nd quarter valued at about $207,000. Axxcess Wealth Management LLC lifted its position in shares of Texas Instruments by 86.8% during the second quarter. Axxcess Wealth Management LLC now owns 18,564 shares of the semiconductor company’s stock worth $3,611,000 after purchasing an additional 8,624 shares during the last quarter. Bradley Foster & Sargent Inc. CT grew its stake in Texas Instruments by 19.2% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 60,588 shares of the semiconductor company’s stock worth $11,786,000 after purchasing an additional 9,763 shares in the last quarter. Finally, E Fund Management Co. Ltd. increased its holdings in Texas Instruments by 20.4% in the second quarter. E Fund Management Co. Ltd. now owns 22,651 shares of the semiconductor company’s stock valued at $4,406,000 after buying an additional 3,839 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TXN shares. Susquehanna decreased their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research report on Monday, October 21st. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Bank of America lowered their target price on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Morgan Stanley raised their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Finally, Evercore ISI boosted their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $209.71.

Texas Instruments Trading Up 2.1 %

Shares of TXN stock opened at $197.51 on Thursday. The stock has a 50-day simple moving average of $196.30 and a 200 day simple moving average of $199.76. The stock has a market capitalization of $180.17 billion, a P/E ratio of 36.71, a P/E/G ratio of 3.69 and a beta of 0.98. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.09. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same period in the previous year, the firm earned $1.80 earnings per share. Texas Instruments’s revenue for the quarter was down 8.4% compared to the same quarter last year. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the sale, the director now directly owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

About Texas Instruments

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.