Texas Instruments (NASDAQ:TXN) Stock Price Down 3.6% – Time to Sell?

Texas Instruments Incorporated (NASDAQ:TXN)’s share price traded down 3.6% on Thursday . The stock traded as low as $190.15 and last traded at $190.31. 635,299 shares were traded during trading, a decline of 86% from the average session volume of 4,600,653 shares. The stock had previously closed at $197.51.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research note on Monday. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a research note on Wednesday, October 23rd. Robert W. Baird cut their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Finally, Mizuho set a $200.00 price objective on shares of Texas Instruments in a report on Friday, October 18th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $209.71.

Texas Instruments Stock Down 4.4 %

The stock has a market capitalization of $172.30 billion, a PE ratio of 35.13, a price-to-earnings-growth ratio of 3.69 and a beta of 0.98. 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 business’s fifty day moving average price is $196.30 and its two-hundred day moving average price is $199.76.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The business’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.80 earnings per share. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Insider Activity

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TXN. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments in the fourth quarter worth about $27,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Texas Instruments in the third quarter worth about $28,000. Tsfg LLC raised its position in shares of Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments during the 3rd quarter worth about $39,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Texas Instruments during the 3rd quarter worth about $41,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

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.