2,264 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Bought by Pines Wealth Management LLC

Pines Wealth Management LLC bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 2,264 shares of the semiconductor company's stock, valued at approximately $430,000.

Other hedge funds also recently bought and sold shares of the company. Cahill Financial Advisors Inc. lifted its position in shares of Texas Instruments by 3.5% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company's stock worth $298,000 after purchasing an additional 49 shares during the last quarter. KCM Investment Advisors LLC increased its position in Texas Instruments by 1.4% in the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company's stock worth $738,000 after buying an additional 50 shares during the period. Lansing Street Advisors lifted its holdings in shares of Texas Instruments by 4.7% during the third quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company's stock worth $233,000 after buying an additional 51 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its position in shares of Texas Instruments by 1.1% in the third quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company's stock valued at $1,030,000 after acquiring an additional 52 shares during the period. Finally, ABLE Financial Group LLC grew its stake in shares of Texas Instruments by 2.9% in the third quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company's stock worth $376,000 after acquiring an additional 52 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Bank of America reduced their price target on shares of Texas Instruments from $220.00 to $215.00 and set a "neutral" rating for the company in a report on Wednesday, October 23rd. Rosenblatt Securities reiterated a "buy" rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Robert W. Baird lowered their price target on Texas Instruments from $200.00 to $175.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 23rd. Truist Financial reduced their price objective on Texas Instruments from $198.00 to $190.00 and set a "hold" rating for the company in a research report on Wednesday, October 23rd. Finally, Summit Insights upgraded Texas Instruments from a "hold" rating to a "buy" rating in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $209.71.

Texas Instruments Trading Down 4.6 %

Shares of NASDAQ TXN traded down $9.07 during midday trading on Thursday, hitting $188.44. The stock had a trading volume of 4,959,227 shares, compared to its average volume of 5,027,811. The firm has a market cap of $171.90 billion, a P/E ratio of 35.04, a price-to-earnings-growth ratio of 3.69 and a beta of 0.98. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The company's 50-day simple moving average is $196.30 and its 200 day simple moving average is $199.76.

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

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of the company's stock in a transaction dated 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 completion of the sale, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the transaction, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. The trade was a 32.81 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

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.