Flywheel Private Wealth LLC Invests $301,000 in Texas Instruments Incorporated (NASDAQ:TXN)

Flywheel Private Wealth LLC acquired a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,607 shares of the semiconductor company’s stock, valued at approximately $301,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MidAtlantic Capital Management Inc. bought a new position in Texas Instruments in the 3rd quarter worth approximately $28,000. Tsfg LLC boosted its holdings in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in Texas Instruments during the third quarter worth approximately $39,000. FSA Wealth Management LLC acquired a new stake in Texas Instruments in the third quarter worth approximately $41,000. Finally, McClarren Financial Advisors Inc. acquired a new position in shares of Texas Instruments during the 3rd quarter valued at $43,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Up 2.1 %

Texas Instruments stock opened at $197.51 on Thursday. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The firm has a market cap of $180.17 billion, a PE ratio of 36.71, a P/E/G ratio of 3.69 and a beta of 0.98. The firm’s 50 day moving average price is $196.30 and its two-hundred day moving average price is $199.76.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.09. The business had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. Texas Instruments’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.80 earnings per share. On average, research analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Insider Transactions at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the sale, the director now directly owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Analyst Ratings Changes

TXN has been the topic of a number of research analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a report on Wednesday, October 23rd. Benchmark reiterated a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a report on Wednesday, October 23rd. Robert W. Baird reduced their target price on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Evercore ISI lifted their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Mizuho set a $200.00 price objective on Texas Instruments in a research note on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average target price of $209.71.

About Texas Instruments

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.