Livforsakringsbolaget Skandia Omsesidigt Purchases 777 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Livforsakringsbolaget Skandia Omsesidigt grew its position in Texas Instruments Incorporated (NASDAQ:TXN) by 17.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,278 shares of the semiconductor company’s stock after acquiring an additional 777 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Texas Instruments were worth $900,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Annapolis Financial Services LLC increased its holdings in shares of Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 120 shares in the last quarter. Briaud Financial Planning Inc acquired a new stake in shares of Texas Instruments in the third quarter valued at approximately $25,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $25,000. Life Planning Partners Inc acquired a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $26,000. Finally, Riverview Trust Co increased its holdings in shares of Texas Instruments by 57.4% in the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 66 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Insider Activity

In other news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total value of $278,778.40. Following the sale, the director now directly owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.68% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $170.00 to $195.00 in a report on Friday, January 19th. Truist Financial lowered their target price on shares of Texas Instruments from $166.00 to $165.00 and set a “hold” rating for the company in a report on Friday, February 9th. Evercore ISI started coverage on shares of Texas Instruments in a report on Tuesday. They set an “outperform” rating and a $213.00 target price for the company. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a report on Tuesday, January 23rd. Finally, Susquehanna decreased their price target on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $176.68.

Texas Instruments Trading Down 2.1 %

Shares of NASDAQ:TXN opened at $162.20 on Thursday. The company’s 50-day moving average price is $168.09 and its two-hundred day moving average price is $161.71. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $188.12. The stock has a market capitalization of $147.61 billion, a PE ratio of 23.47, a price-to-earnings-growth ratio of 3.61 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. The company had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. Texas Instruments’s quarterly revenue was down 12.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.13 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

Texas Instruments Company Profile

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.