Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 31,596.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 718,865 shares of the semiconductor company’s stock after purchasing an additional 716,597 shares during the quarter. Proficio Capital Partners LLC owned approximately 0.08% of Texas Instruments worth $134,794,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. raised its stake in shares of Texas Instruments by 1.4% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 106,086 shares of the semiconductor company’s stock valued at $19,892,000 after purchasing an additional 1,416 shares in the last quarter. Mn Services Vermogensbeheer B.V. lifted its holdings in Texas Instruments by 2.1% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 358,784 shares of the semiconductor company’s stock worth $67,276,000 after buying an additional 7,500 shares during the last quarter. New York Life Investment Management LLC lifted its holdings in Texas Instruments by 0.3% during the 4th quarter. New York Life Investment Management LLC now owns 136,515 shares of the semiconductor company’s stock worth $25,598,000 after buying an additional 400 shares during the last quarter. Robeco Schweiz AG grew its position in shares of Texas Instruments by 0.6% in the 4th quarter. Robeco Schweiz AG now owns 169,504 shares of the semiconductor company’s stock worth $31,784,000 after acquiring an additional 1,030 shares in the last quarter. Finally, Convergence Financial LLC raised its position in shares of Texas Instruments by 2.7% during the 4th quarter. Convergence Financial LLC now owns 2,936 shares of the semiconductor company’s stock valued at $550,000 after acquiring an additional 76 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have weighed in on TXN shares. Mizuho lowered their target price on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Benchmark reiterated a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Barclays decreased their target price on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $209.20.

Insider Buying and Selling

In related news, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. This trade represents a 19.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 200,655 shares of company stock worth $40,665,374 in the last three months. 0.68% of the stock is currently owned by insiders.

Texas Instruments Trading Down 0.9 %

Shares of Texas Instruments stock opened at $198.24 on Thursday. The business has a fifty day simple moving average of $189.17 and a 200-day simple moving average of $197.70. The firm has a market cap of $180.46 billion, a price-to-earnings ratio of 38.20, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a fifty-two week low of $159.11 and a fifty-two week high of $220.38. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period in the previous year, the company posted $1.49 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 104.82%.

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.