Texas Instruments Incorporated (TXN) Shares Sold by Bokf Na

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Bokf Na decreased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 5.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 103,748 shares of the semiconductor company’s stock after selling 5,822 shares during the period. Bokf Na’s holdings in Texas Instruments were worth $9,804,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Highwater Wealth Management LLC purchased a new position in Texas Instruments during the 4th quarter worth $34,000. Intercontinental Wealth Advisors LLC purchased a new position in Texas Instruments during the 4th quarter worth $40,000. Essex Savings Bank purchased a new position in Texas Instruments during the 4th quarter worth $42,000. Baldwin Brothers Inc. MA raised its position in Texas Instruments by 42.5% during the 4th quarter. Baldwin Brothers Inc. MA now owns 513 shares of the semiconductor company’s stock worth $48,000 after buying an additional 153 shares during the last quarter. Finally, Clarus Wealth Advisors raised its position in Texas Instruments by 142.9% during the 4th quarter. Clarus Wealth Advisors now owns 714 shares of the semiconductor company’s stock worth $67,000 after buying an additional 420 shares during the last quarter. Institutional investors and hedge funds own 83.78% of the company’s stock.

In other Texas Instruments news, insider Ahmad Bahai sold 26,963 shares of the firm’s stock in a transaction dated Friday, January 25th. The shares were sold at an average price of $103.75, for a total transaction of $2,797,411.25. Following the sale, the insider now directly owns 58,928 shares of the company’s stock, valued at approximately $6,113,780. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Richard K. Templeton sold 90,842 shares of the firm’s stock in a transaction dated Thursday, January 31st. The stock was sold at an average price of $101.14, for a total transaction of $9,187,759.88. The disclosure for this sale can be found here. Insiders have sold a total of 256,061 shares of company stock worth $26,536,471 over the last ninety days. 0.84% of the stock is owned by corporate insiders.

A number of equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Texas Instruments from a “hold” rating to a “sell” rating in a research report on Tuesday, January 15th. BidaskClub upgraded shares of Texas Instruments from a “sell” rating to a “hold” rating in a report on Sunday, January 13th. Jefferies Financial Group reiterated a “buy” rating and issued a $137.00 price target (down previously from $139.00) on shares of Texas Instruments in a report on Thursday, January 24th. Robert W. Baird reiterated a “hold” rating and issued a $97.00 price target on shares of Texas Instruments in a report on Tuesday, February 26th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $120.00 price target on shares of Texas Instruments in a report on Thursday, January 24th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $108.74.

Shares of NASDAQ TXN opened at $107.58 on Thursday. The stock has a market capitalization of $100.96 billion, a P/E ratio of 19.85, a price-to-earnings-growth ratio of 2.02 and a beta of 1.18. Texas Instruments Incorporated has a 52 week low of $87.70 and a 52 week high of $118.48. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.38 and a current ratio of 3.27.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Wednesday, January 23rd. The semiconductor company reported $1.27 EPS for the quarter, beating the Zacks’ consensus estimate of $1.24 by $0.03. The firm had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.75 billion. Texas Instruments had a net margin of 35.35% and a return on equity of 53.05%. The firm’s revenue was down .9% on a year-over-year basis. During the same period in the prior year, the company earned $1.09 EPS. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.21 earnings per share for the current year.

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Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

Further Reading: Fundamental Analysis – How It Helps Investors

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

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