A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 10.52%, and has a solid year to date (YTD) performance of 9.79% which means the stock is constantly adding to its value from the previous fiscal year end price. The firm owned 1,600 shares of the semiconductor company's stock at the end of the fourth quarter. Janus Capital Management LLC raised its stake in Texas Instruments by 57.8% in the fourth quarter. The overall volume in the last trading session was 4.53 million shares, versus the average volume of 4.59 million shares. Finally, State Street Corp raised its stake in shares of Texas Instruments by 3.5% in the fourth quarter. Ltd. now owns 1,895,018 shares of the semiconductor company's stock valued at $138,458,000 after buying an additional 1,781,211 shares in the last quarter. State Street Corp now owns 40,370,265 shares of the semiconductor company's stock valued at $2,945,818,000 after buying an additional 1,380,886 shares during the period. Finally, BlackRock Group LTD increased its position in Texas Instruments by 2.7% in the third quarter. Capital Analysts LLC now owns 1,702 shares of the company's stock worth $124,000 after buying an additional 142 shares during the period. The company has its outstanding Shares of 999.64 Million.
Bank of Montreal Can lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 2.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. As per Thursday, January 28, the company rating was maintained by Cowen & Co.
Texas Instruments Incorporated (NASDAQ:TXN) was downgraded by analysts at Vetr from a "strong-buy" rating to a "buy" rating in a research report issued on Tuesday.
In other Texas Instruments news, Chairman Richard K. Templeton sold 540,000 shares of the company's stock in a transaction dated Monday, January 30th. The stock now has a Market Cap of $79.58B. The stock has a 50 day moving average price of $79.92 and a 200-day moving average price of $74.81.
Looking to the charts, Texas Instruments Incorporated has been a long-term outperformer, up 33% year-over-year at $78.42, with the shares touching a almost 17-year high of $82.44 back on March 17.
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Texas Instruments (NASDAQ:TXN) traded up 1.13% during midday trading on Tuesday, hitting $79.61. The semiconductor company reported $1.02 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.82 by $0.20. Texas Instruments had a net margin of 25.89% and a return on equity of 32.78%.
The company reported an impressive total revenue of 13.37 Billion in the last fiscal year. For the current quarter the company has high EPS estimates of $0.87 in contradiction of low EPS estimates of $0.76.
EPS growth in next year is estimated to reach 7.63% while EPS growth estimate for this year is set at 23.30%.
Texas Instruments Inc. (TXN) is now showing its ROA (Return on Assets) of 22.2%.
Several analysts recently issued reports on TXN shares. Royal Bank of Canada restated a buy rating and set a $84.00 price objective on shares of Texas Instruments in a research report on Monday, April 3rd. Loop Capital Initiates Coverage On Texas Instruments Inc. (TXN)'s stock to Neutral with no specific Price Target. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. They presently have a $90.00 target price on the semiconductor company's stock. $3.18 million worth of Texas Instruments Incorporated (NASDAQ:TXN) was sold by ANDERSKOUV NIELS on Tuesday, January 31. Following the completion of the transaction, the senior vice president now directly owns 63,923 shares in the company, valued at $4,823,629.58. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 959,393 shares of company stock valued at $74,927,396 in the last ninety days. The shares were sold at an average price of $78.86, for a total value of $9,891,961.82. Following the completion of the sale, the insider now owns 209,508 shares of the company's stock, valued at $16,542,751.68. The disclosure for this sale can be found here. Company insiders own 1.02% of the company's stock.
Texas Instruments Incorporated (TXN) is a part of Technology sector and belongs to Semiconductor - Broad Line industry. The Company operates through two segments: Analog and Embedded Processing.
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