Shulman DeMeo Asset Management LLC acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 3,133 shares of the semiconductor company’s stock, valued at approximately $514,000.

Several other large investors have also made changes to their positions in TXN. Sowell Financial Services LLC raised its position in Texas Instruments by 8.9% during the fourth quarter. Sowell Financial Services LLC now owns 2,256 shares of the semiconductor company’s stock valued at $370,000 after acquiring an additional 185 shares in the last quarter. Parkside Investments LLC raised its position in Texas Instruments by 5.9% during the fourth quarter. Parkside Investments LLC now owns 23,178 shares of the semiconductor company’s stock valued at $3,804,000 after acquiring an additional 1,291 shares in the last quarter. Symphony Financial Ltd. Co. raised its position in Texas Instruments by 2.2% during the fourth quarter. Symphony Financial Ltd. Co. now owns 10,227 shares of the semiconductor company’s stock valued at $1,659,000 after acquiring an additional 223 shares in the last quarter. KMG Fiduciary Partners LLC raised its position in Texas Instruments by 18.7% during the fourth quarter. KMG Fiduciary Partners LLC now owns 4,558 shares of the semiconductor company’s stock valued at $745,000 after acquiring an additional 719 shares in the last quarter. Finally, Brookstone Capital Management raised its position in Texas Instruments by 4.3% during the fourth quarter. Brookstone Capital Management now owns 8,674 shares of the semiconductor company’s stock valued at $1,424,000 after acquiring an additional 359 shares in the last quarter. 82.91% of the stock is currently owned by institutional investors.

TXN has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Texas Instruments from $145.00 to $150.00 and gave the company a “hold” rating in a research report on Thursday, December 17th. The Goldman Sachs Group raised their price objective on shares of Texas Instruments from $162.00 to $171.00 and gave the company a “sell” rating in a research report on Monday, December 14th. Credit Suisse Group increased their price target on Texas Instruments from $155.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, October 21st. Zacks Investment Research downgraded Texas Instruments from a “strong-buy” rating to a “hold” rating and set a $144.00 price target on the stock. in a report on Tuesday, September 22nd. Finally, Oppenheimer increased their price target on Texas Instruments from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, October 16th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $152.11.

In other Texas Instruments news, VP Kyle M. Flessner sold 24,955 shares of Texas Instruments stock in a transaction on Monday, November 9th. The shares were sold at an average price of $161.63, for a total transaction of $4,033,476.65. Following the sale, the vice president now owns 78,117 shares in the company, valued at $12,626,050.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Ahmad Bahai sold 4,000 shares of Texas Instruments stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $152.74, for a total value of $610,960.00. Following the transaction, the vice president now directly owns 28,076 shares of the company’s stock, valued at $4,288,328.24. The disclosure for this sale can be found here. Insiders have sold 80,462 shares of company stock worth $12,281,336 in the last quarter. Corporate insiders own 0.73% of the company’s stock.

TXN traded down $0.38 during trading on Wednesday, reaching $171.92. 118,749 shares of the company’s stock were exchanged, compared to its average volume of 4,690,801. Texas Instruments Incorporated has a fifty-two week low of $93.09 and a fifty-two week high of $173.66. The company has a quick ratio of 2.94, a current ratio of 3.92 and a debt-to-equity ratio of 0.82. The business has a 50 day moving average price of $163.36 and a 200 day moving average price of $146.41. The company has a market capitalization of $157.81 billion, a P/E ratio of 32.57, a PEG ratio of 3.15 and a beta of 1.14.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, October 20th. The semiconductor company reported $1.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.28 by $0.17. Texas Instruments had a net margin of 36.83% and a return on equity of 60.61%. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.45 billion. During the same quarter in the previous year, the company earned $1.49 earnings per share. The business’s revenue was up 1.3% compared to the same quarter last year. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.15 EPS for the current year.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

Further Reading: How is a management fee different from a performance fee?

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN).

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.