Haviv Ilan Sells 23,831 Shares of Texas Instruments Incorporated (TXN) Stock

Texas Instruments Incorporated (NASDAQ:TXN) VP Haviv Ilan sold 23,831 shares of the stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $110.36, for a total transaction of $2,629,989.16. Following the transaction, the vice president now owns 131,153 shares in the company, valued at approximately $14,474,045.08. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Texas Instruments Incorporated (NASDAQ:TXN) traded down $1.04 during midday trading on Monday, hitting $112.65. 6,389,293 shares of the company traded hands, compared to its average volume of 7,007,750. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.87 and a quick ratio of 3.00. The firm has a market cap of $111,020.00, a price-to-earnings ratio of 31.29, a price-to-earnings-growth ratio of 2.38 and a beta of 1.27. Texas Instruments Incorporated has a twelve month low of $74.52 and a twelve month high of $120.75.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.09. The business had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.74 billion. Texas Instruments had a net margin of 24.61% and a return on equity of 40.83%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the business posted $0.91 EPS. equities research analysts predict that Texas Instruments Incorporated will post 4.97 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Shareholders of record on Wednesday, January 31st will be given a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $2.48 dividend on an annualized basis and a yield of 2.20%. Texas Instruments’s dividend payout ratio is currently 68.89%.

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Texas Instruments by 2.1% in the second quarter. Vanguard Group Inc. now owns 81,330,150 shares of the semiconductor company’s stock valued at $6,256,728,000 after buying an additional 1,683,613 shares in the last quarter. BlackRock Inc. boosted its position in Texas Instruments by 1.1% in the second quarter. BlackRock Inc. now owns 65,400,461 shares of the semiconductor company’s stock valued at $5,031,257,000 after buying an additional 681,821 shares in the last quarter. Capital International Investors boosted its position in Texas Instruments by 3.0% in the third quarter. Capital International Investors now owns 14,794,402 shares of the semiconductor company’s stock valued at $1,326,170,000 after buying an additional 435,938 shares in the last quarter. Janus Henderson Group PLC boosted its position in Texas Instruments by 16.5% in the third quarter. Janus Henderson Group PLC now owns 14,482,401 shares of the semiconductor company’s stock valued at $1,298,212,000 after buying an additional 2,055,040 shares in the last quarter. Finally, Northern Trust Corp boosted its position in Texas Instruments by 0.4% in the second quarter. Northern Trust Corp now owns 13,556,007 shares of the semiconductor company’s stock valued at $1,042,864,000 after buying an additional 53,846 shares in the last quarter. Hedge funds and other institutional investors own 84.02% of the company’s stock.

TXN has been the topic of a number of analyst reports. Robert W. Baird increased their target price on shares of Texas Instruments from $85.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Zacks Investment Research lowered shares of Texas Instruments from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Royal Bank of Canada restated an “outperform” rating and set a $127.00 target price (up previously from $112.00) on shares of Texas Instruments in a research report on Monday, January 22nd. Barclays increased their target price on shares of Texas Instruments from $85.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 18th. Finally, Credit Suisse Group restated an “in-line” rating and set a $125.00 target price (up previously from $110.00) on shares of Texas Instruments in a research report on Tuesday, January 16th. Sixteen equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Texas Instruments presently has an average rating of “Buy” and an average price target of $109.65.

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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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