Texas Instruments Incorporated (NASDAQ:TXN) insider Ellen Barker sold 15,000 shares of Texas Instruments stock in a transaction on Monday, August 14th. The shares were sold at an average price of $81.87, for a total transaction of $1,228,050.00. Following the completion of the sale, the insider now owns 45,697 shares in the company, valued at approximately $3,741,213.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Texas Instruments Incorporated (TXN) traded down 0.12% during trading on Tuesday, reaching $81.95. The company’s stock had a trading volume of 3,750,250 shares. The firm’s 50-day moving average is $80.31 and its 200-day moving average is $79.71. The stock has a market capitalization of $81.13 billion, a PE ratio of 20.50 and a beta of 1.21. Texas Instruments Incorporated has a 12-month low of $66.30 and a 12-month high of $84.65.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.07. The business had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.57 billion. Texas Instruments had a return on equity of 36.52% and a net margin of 28.68%. The company’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter last year, the company earned $0.76 earnings per share. Equities analysts expect that Texas Instruments Incorporated will post $4.13 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Monday, July 31st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend was Thursday, July 27th. Texas Instruments’s dividend payout ratio is presently 50.51%.

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Several analysts recently weighed in on TXN shares. Zacks Investment Research upgraded shares of Texas Instruments from a “sell” rating to a “hold” rating in a report on Monday, July 17th. Morgan Stanley reiterated an “equal weight” rating and issued a $83.00 price target (up previously from $78.00) on shares of Texas Instruments in a report on Wednesday, July 26th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $86.00 price target (up previously from $84.00) on shares of Texas Instruments in a report on Wednesday, July 26th. Cowen and Company lifted their price target on shares of Texas Instruments from $77.00 to $82.00 and gave the company a “market perform” rating in a report on Wednesday, April 26th. Finally, Barclays PLC lifted their price target on shares of Texas Instruments from $77.00 to $83.00 and gave the company an “equal weight” rating in a report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $85.96.

Large investors have recently modified their holdings of the company. Koch Industries Inc. increased its stake in shares of Texas Instruments by 36,796.2% in the second quarter. Koch Industries Inc. now owns 1,359,255 shares of the semiconductor company’s stock valued at $1,342,000 after buying an additional 1,355,571 shares in the last quarter. Verition Fund Management LLC increased its stake in shares of Texas Instruments by 88.7% in the second quarter. Verition Fund Management LLC now owns 23,404 shares of the semiconductor company’s stock valued at $1,800,000 after buying an additional 11,004 shares in the last quarter. National Asset Management Inc. increased its stake in shares of Texas Instruments by 8.1% in the second quarter. National Asset Management Inc. now owns 10,963 shares of the semiconductor company’s stock valued at $845,000 after buying an additional 822 shares in the last quarter. Krilogy Financial LLC increased its stake in shares of Texas Instruments by 129.3% in the second quarter. Krilogy Financial LLC now owns 2,596 shares of the semiconductor company’s stock valued at $200,000 after buying an additional 1,464 shares in the last quarter. Finally, Wunderlich Capital Managemnt increased its stake in shares of Texas Instruments by 1.9% in the second quarter. Wunderlich Capital Managemnt now owns 12,957 shares of the semiconductor company’s stock valued at $997,000 after buying an additional 246 shares in the last quarter. 84.71% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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

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