Acropolis Investment Management LLC Lowers Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Acropolis Investment Management LLC lowered its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 36.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,028 shares of the semiconductor company’s stock after selling 1,170 shares during the period. Acropolis Investment Management LLC’s holdings in Texas Instruments were worth $380,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. One Capital Management LLC boosted its stake in Texas Instruments by 47.3% in the 2nd quarter. One Capital Management LLC now owns 3,188 shares of the semiconductor company’s stock worth $620,000 after purchasing an additional 1,024 shares in the last quarter. Perennial Investment Advisors LLC purchased a new position in Texas Instruments in the second quarter worth about $207,000. Axxcess Wealth Management LLC lifted its stake in shares of Texas Instruments by 86.8% in the second quarter. Axxcess Wealth Management LLC now owns 18,564 shares of the semiconductor company’s stock worth $3,611,000 after buying an additional 8,624 shares in the last quarter. Bradley Foster & Sargent Inc. CT grew its holdings in shares of Texas Instruments by 19.2% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 60,588 shares of the semiconductor company’s stock valued at $11,786,000 after buying an additional 9,763 shares during the last quarter. Finally, E Fund Management Co. Ltd. increased its position in shares of Texas Instruments by 20.4% during the second quarter. E Fund Management Co. Ltd. now owns 22,651 shares of the semiconductor company’s stock valued at $4,406,000 after acquiring an additional 3,839 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Up 2.1 %

Shares of NASDAQ TXN opened at $197.51 on Thursday. The stock has a market capitalization of $180.17 billion, a price-to-earnings ratio of 36.71, a P/E/G ratio of 3.69 and a beta of 0.98. Texas Instruments Incorporated has a 12-month low of $155.46 and a 12-month high of $220.38. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The firm’s 50-day moving average price is $196.30 and its 200-day moving average price is $199.76.

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

Wall Street Analysts Forecast Growth

TXN has been the topic of several recent analyst reports. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Mizuho set a $200.00 price objective on Texas Instruments in a research report on Friday, October 18th. Wells Fargo & Company reduced their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday. Robert W. Baird dropped their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Finally, Benchmark reissued a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $209.71.

Read Our Latest Stock Analysis on TXN

Insider Buying and Selling

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction on Friday, October 25th. The stock was 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 $4,272,256.80. The trade was a 32.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Company Profile

(Free Report)

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.

See Also

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

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