GWN Securities Inc. Invests $508,000 in Texas Instruments Incorporated (NASDAQ:TXN)

GWN Securities Inc. purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,736 shares of the semiconductor company's stock, valued at approximately $508,000.

A number of other institutional investors also recently bought and sold shares of the business. Promus Capital LLC purchased a new position in shares of Texas Instruments during the fourth quarter worth $25,000. Financial Life Planners acquired a new stake in Texas Instruments during the 4th quarter worth about $26,000. Retirement Wealth Solutions LLC purchased a new position in shares of Texas Instruments during the 4th quarter valued at about $27,000. MidAtlantic Capital Management Inc. purchased a new position in shares of Texas Instruments during the 3rd quarter valued at about $28,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at about $28,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Mark A. Blinn sold 590 shares of the business's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the sale, the director now directly owns 11,717 shares of the company's stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the transaction, the chairman now directly owns 409,089 shares of the company's stock, valued at $82,930,522.08. The trade was a 19.17 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 297,655 shares of company stock valued at $59,841,304. 0.57% of the stock is currently owned by company insiders.

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Texas Instruments Price Performance

Shares of NASDAQ:TXN traded down $1.06 during midday trading on Thursday, hitting $180.68. The company's stock had a trading volume of 4,977,649 shares, compared to its average volume of 5,324,339. The company has a market cap of $164.40 billion, a P/E ratio of 34.81, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.39. The business's 50 day simple moving average is $187.91 and its 200 day simple moving average is $195.72. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates 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 last year, the business posted $1.49 EPS. On average, analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.01%. The ex-dividend date was Friday, January 31st. Texas Instruments's payout ratio is currently 104.82%.

Wall Street Analysts Forecast Growth

TXN has been the topic of several analyst reports. Barclays dropped their target price on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, January 24th. Truist Financial cut their target price on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a report on Friday, January 24th. Rosenblatt Securities reiterated a "buy" rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Wells Fargo & Company dropped their price target on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Two 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. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $209.20.

Texas Instruments 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.