TRUE Private Wealth Advisors Has $226,000 Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

TRUE Private Wealth Advisors decreased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 12.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,327 shares of the semiconductor company’s stock after selling 184 shares during the period. TRUE Private Wealth Advisors’ holdings in Texas Instruments were worth $226,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Salem Investment Counselors Inc. boosted its position in shares of Texas Instruments by 16.8% during the first quarter. Salem Investment Counselors Inc. now owns 417 shares of the semiconductor company’s stock valued at $77,000 after buying an additional 60 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of Texas Instruments by 2.8% during the first quarter. International Assets Investment Management LLC now owns 2,266 shares of the semiconductor company’s stock valued at $416,000 after buying an additional 61 shares during the last quarter. Polar Capital Holdings Plc boosted its position in shares of Texas Instruments by 0.6% during the first quarter. Polar Capital Holdings Plc now owns 9,822 shares of the semiconductor company’s stock valued at $1,802,000 after buying an additional 63 shares during the last quarter. Riverview Trust Co boosted its position in shares of Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 66 shares during the last quarter. Finally, Howard Financial Services LTD. boosted its position in shares of Texas Instruments by 3.1% during the fourth quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock valued at $371,000 after buying an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

TXN opened at $163.67 on Friday. The firm has a 50-day moving average price of $168.16 and a 200-day moving average price of $161.72. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $148.95 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 3.56 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same period in the prior year, the business posted $2.13 EPS. The firm’s revenue was down 12.7% compared to the same quarter last year. Equities analysts expect that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $170.00 to $195.00 in a research report on Friday, January 19th. Mizuho decreased their price objective on shares of Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a report on Wednesday, January 24th. Cantor Fitzgerald lifted their price objective on shares of Texas Instruments from $170.00 to $180.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $190.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 23rd. Finally, TD Cowen lifted their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $176.68.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now directly owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.68% of the stock is currently owned by company insiders.

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.