Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Investors Asset Management of Georgia Inc. GA ADV

Investors Asset Management of Georgia Inc. GA ADV lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 38.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,575 shares of the semiconductor company’s stock after selling 1,000 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Texas Instruments were worth $268,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of TXN. Salem Investment Counselors Inc. increased its holdings in Texas Instruments by 16.8% in the 1st quarter. Salem Investment Counselors Inc. now owns 417 shares of the semiconductor company’s stock worth $77,000 after buying an additional 60 shares during the period. International Assets Investment Management LLC increased its holdings in Texas Instruments by 2.8% in the 1st quarter. International Assets Investment Management LLC now owns 2,266 shares of the semiconductor company’s stock worth $416,000 after buying an additional 61 shares during the period. Polar Capital Holdings Plc increased its holdings in Texas Instruments by 0.6% in the 1st quarter. Polar Capital Holdings Plc now owns 9,822 shares of the semiconductor company’s stock worth $1,802,000 after buying an additional 63 shares during the period. Riverview Trust Co increased its holdings in Texas Instruments by 57.4% in the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after buying an additional 66 shares during the period. Finally, Howard Financial Services LTD. increased its holdings in Texas Instruments by 3.1% in the 4th quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock worth $371,000 after buying an additional 66 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insiders Place Their Bets

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

Texas Instruments Price Performance

Texas Instruments stock opened at $163.67 on Friday. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $188.12. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. The company’s fifty day moving average price is $168.16 and its 200 day moving average price is $161.72. The stock has a market capitalization of $148.95 billion, a P/E ratio of 23.18, a P/E/G ratio of 3.56 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.12 billion. During the same quarter in the previous year, the company posted $2.13 EPS. The firm’s quarterly revenue was down 12.7% on a year-over-year basis. As a group, equities research analysts anticipate that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Barclays lowered their price objective on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 24th. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 23rd. Mizuho lowered their price objective on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. UBS Group upgraded Texas Instruments from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $170.00 to $195.00 in a research report on Friday, January 19th. Finally, Morgan Stanley upped their price objective on Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research 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 given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $176.68.

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.