Texas Instruments (NASDAQ:TXN) Director Pamela Patsley Sells 4,532 Shares of Company Stock

Texas Instruments Incorporated (NASDAQ:TXN – Get Free Report) Director Pamela Patsley sold 4,532 shares of Texas Instruments stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $301.56, for a total transaction of $1,366,669.92. Following the transaction, the director owned 34,487 shares in the company, valued at approximately $10,399,899.72. This trade represents a 11.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Texas Instruments Trading Up 1.0%

NASDAQ TXN traded up $3.11 on Thursday, reaching $312.94. The company had a trading volume of 5,631,214 shares, compared to its average volume of 7,598,907. The firm has a market cap of $285.79 billion, a price-to-earnings ratio of 40.59, a P/E/G ratio of 1.43 and a beta of 1.35. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The business has a 50 day moving average of $274.05 and a two-hundred day moving average of $257.59. The company has a debt-to-equity ratio of 0.67, a current ratio of 5.59 and a quick ratio of 4.05.

Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The company had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. During the same quarter in the prior year, the firm posted $1.48 earnings per share. The business’s quarterly revenue was up 27.7% on a year-over-year basis. Analysts forecast that Texas Instruments Incorporated will post 8.85 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be paid a dividend of $1.52 per share. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s payout ratio is 73.67%.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of research analyst reports. Susquehanna reaffirmed a “positive” rating on shares of Texas Instruments in a research report on Thursday, October 22nd. Benchmark upped their target price on Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Zacks Research raised shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 22nd. Wells Fargo & Company decreased their price objective on Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating for the company in a report on Tuesday, October 20th. Finally, Sanford C. Bernstein lifted their target price on Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $315.37.

Get Our Latest Stock Report on Texas Instruments

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TXN. Kilter Group LLC bought a new position in Texas Instruments during the second quarter valued at $31,000. Creative Capital Management Investments LLC lifted its position in shares of Texas Instruments by 167.5% during the third quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 67 shares in the last quarter. Nvwm LLC grew its position in shares of Texas Instruments by 550.0% in the third quarter. Nvwm LLC now owns 117 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 99 shares in the last quarter. Addison Advisors LLC bought a new position in Texas Instruments in the 2nd quarter worth about $38,000. Finally, Reyes Financial Architecture Inc. purchased a new position in Texas Instruments during the 3rd quarter valued at about $36,000. Institutional investors own 84.99% of the company’s stock.

Key Stories Impacting Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

  • Positive Sentiment: Texas Instruments reported third-quarter revenue of $6.055 billion, up approximately 28% year over year, while adjusted earnings of $2.62 per share exceeded the $2.40 consensus estimate. Management also forecast fourth-quarter revenue of $5.80 billion to $6.30 billion and earnings of $2.45 to $2.79 per share, reinforcing expectations for continued demand across industrial, automotive and data-center markets. Earnings Beat Might Change Texas Instruments Stock Narrative
  • Positive Sentiment: Gross margin rose to 64.2% from 57.4% a year earlier and 61.4% in the prior quarter, helped by stronger sales and factory utilization. Further margin expansion could support earnings growth and improve investor confidence in the semiconductor recovery. TXN’s Gross Margin Crosses 64% in Q3
  • Positive Sentiment: The company recently raised its quarterly dividend to $1.52, and its substantial free-cash-flow generation supports the case for continued shareholder returns, although payout sustainability remains an investor question. Texas Instruments Dividend Comparison
  • Neutral Sentiment: ETF buying provided a technical demand signal, with 41 funds adding TXN on October 27 and approximately $37 million of purchases reported for the prior Monday. Such flows may support the stock but do not change its fundamentals. 41 ETFs Add Texas Instruments
  • Negative Sentiment: At roughly 40 times earnings and near its 52-week high, TXN has limited room for disappointing results. DZ Bank upgraded the stock only from “sell” to “hold” with a $300 target, while Bernstein also maintained a Hold rating. DZ Bank Texas Instruments Rating
  • Negative Sentiment: Weak guidance from automotive-chip peer NXP revived concerns about auto demand and pressured semiconductor stocks, including Texas Instruments. Analysts’ bullish average recommendations may also be less reliable because sell-side ratings often skew optimistic. Semiconductor Peer Guidance Concerns

Texas Instruments Company Profile

(Get Free Report)

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.

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

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