Senator Tommy Tuberville (R-Alabama) recently sold shares of Texas Instruments Incorporated (NASDAQ:TXN). In a filing disclosed on February 14th, the Senator disclosed that they had sold between $15,001 and $50,000 in Texas Instruments stock on January 10th.
Senator Tommy Tuberville also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Diageo (NYSE:DEO) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 1/10/2025.
- Sold $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 1/10/2025.
Texas Instruments Stock Up 1.2 %
Shares of TXN opened at $183.03 on Monday. The firm has a market cap of $166.96 billion, a P/E ratio of 35.27, a PEG ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 12 month low of $158.90 and a 12 month high of $220.38. The stock’s 50 day moving average is $188.18 and its two-hundred day moving average is $197.36. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.
Texas Instruments Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.97%. Texas Instruments’s payout ratio is 104.82%.
Analyst Ratings Changes
A number of analysts have recently issued reports on TXN shares. Benchmark reaffirmed a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Robert W. Baird lowered their target price on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Evercore ISI upped their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Finally, Mizuho cut their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $209.20.
Read Our Latest Report on Texas Instruments
Insiders Place Their Bets
In related news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the firm’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 transaction of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.
Institutional Trading of Texas Instruments
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wahed Invest LLC boosted its stake in Texas Instruments by 6.5% during the fourth quarter. Wahed Invest LLC now owns 23,387 shares of the semiconductor company’s stock worth $4,385,000 after buying an additional 1,431 shares during the period. South Plains Financial Inc. acquired a new position in shares of Texas Instruments in the 4th quarter worth approximately $510,000. FAS Wealth Partners Inc. boosted its position in shares of Texas Instruments by 1.7% during the 4th quarter. FAS Wealth Partners Inc. now owns 15,553 shares of the semiconductor company’s stock worth $2,916,000 after purchasing an additional 258 shares during the period. Unisphere Establishment acquired a new stake in Texas Instruments in the 4th quarter valued at approximately $8,363,000. Finally, Guardian Capital LP raised its position in Texas Instruments by 2.5% in the fourth quarter. Guardian Capital LP now owns 16,455 shares of the semiconductor company’s stock valued at $3,085,000 after purchasing an additional 400 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.
About Senator Tuberville
Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.
About Texas Instruments
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.
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