Rep. George Whitesides Sells Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Representative George Whitesides (D-California) recently sold shares of Texas Instruments Incorporated NASDAQ: TXN. In a filing disclosed on April 23rd, the Representative disclosed that they had sold between $50,001 and $100,000 in Texas Instruments stock on March 24th. The trade occurred in the Representative's "GEORGE WHITESIDES INDIVIDUAL" account.

Representative George Whitesides also recently made the following trade(s):

• Sold $100,001 - $250,000 in shares of Netflix NASDAQ: NFLX on 3/27/2025.
• Sold $250,001 - $500,000 in shares of Innoviva NASDAQ: INVA on 3/25/2025.
• Sold $100,001 - $250,000 in shares of Linde NASDAQ: LIN on 3/24/2025.
• Sold $100,001 - $250,000 in shares of Procter & Gamble NYSE: PG on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Sandoz Group OTCMKTS: SDZNY on 3/24/2025.
• Sold $15,001 - $50,000 in shares of American Electric Power NASDAQ: AEP on 3/24/2025.
• Sold $50,001 - $100,000 in shares of Medtronic NYSE: MDT on 3/24/2025.
• Sold $100,001 - $250,000 in shares of McDonald's NYSE: MCD on 3/24/2025.
• Sold $15,001 - $50,000 in shares of Bank of America NYSE: BAC on 3/24/2025.
• Sold $15,001 - $50,000 in shares of Diageo NYSE: DEO on 3/24/2025.

Texas Instruments Stock Up 0.5 %

Shares of NASDAQ:TXN opened at $162.86 on Friday. The firm has a 50 day simple moving average of $174.21 and a 200-day simple moving average of $187.82. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $148.19 billion, a PE ratio of 31.38, a P/E/G ratio of 3.30 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.22. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. On average, equities analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be paid a $1.36 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 3.34%. Texas Instruments's dividend payout ratio is currently 104.82%.

Analysts Set New Price Targets

TXN has been the subject of several research analyst reports. Benchmark decreased their price objective on Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a report on Thursday. DZ Bank raised shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 target price for the company in a report on Friday. Wells Fargo & Company reduced their price objective on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating for the company in a research note on Thursday. KeyCorp lowered their target price on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating on the stock in a research note on Thursday. Finally, Robert W. Baird upgraded Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target for the company in a research note on Monday, April 7th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $189.41.

Insider Buying and Selling at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. The trade was a 35.93 % 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 worth $59,841,304. 0.57% of the stock is owned by insiders.

Institutional Trading of Texas Instruments

A number of institutional investors have recently bought and sold shares of TXN. HF Advisory Group LLC grew its stake in Texas Instruments by 0.6% in the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock valued at $1,602,000 after acquiring an additional 52 shares during the last quarter. Blossom Wealth Management grew its position in shares of Texas Instruments by 5.1% in the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock valued at $213,000 after purchasing an additional 55 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Texas Instruments by 1.8% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock worth $598,000 after purchasing an additional 56 shares in the last quarter. OLD Second National Bank of Aurora raised its position in shares of Texas Instruments by 11.1% during the 4th quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock worth $107,000 after purchasing an additional 57 shares during the last quarter. Finally, Voya Financial Advisors Inc. lifted its stake in Texas Instruments by 1.6% in the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after buying an additional 58 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Whitesides

George Whitesides (Democratic Party) is a member of the U.S. House, representing California's 27th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Whitesides (Democratic Party) ran for election to the U.S. House to represent California's 27th Congressional District. He won in the general election on November 5, 2024. George Whitesides earned a bachelor's degree in public and international affairs from Princeton University in 1996 and a master's degree in remote sensing and GIS from the University of Cambridge in 2000. His career experience includes working as the chief of staff for NASA during the administration of President Barack Obama (D) and the CEO of human spaceflight company Virgin Galactic. Whitesides co-founded Megafire Action, an organization dedicated to responding to wildfires. Whitesides co-chaired the Antelope Valley Covid-19 Task Force and joined the Antelope Valley Economic Development and Growth Enterprise (AV EDGE) as a board member.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.