Archford Capital Strategies LLC Has $2.03 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

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Archford Capital Strategies LLC lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,791 shares of the semiconductor company’s stock after selling 454 shares during the quarter. Archford Capital Strategies LLC’s holdings in Texas Instruments were worth $2,026,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of TXN. Mitchell Mcleod Pugh & Williams Inc. grew its stake in shares of Texas Instruments by 1.5% in the 3rd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 5,536 shares of the semiconductor company’s stock valued at $715,000 after buying an additional 81 shares during the period. FinTrust Capital Advisors LLC boosted its stake in Texas Instruments by 4.7% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 1,856 shares of the semiconductor company’s stock valued at $240,000 after purchasing an additional 84 shares during the last quarter. Atria Investments LLC boosted its stake in Texas Instruments by 0.4% during the 2nd quarter. Atria Investments LLC now owns 22,632 shares of the semiconductor company’s stock valued at $2,758,000 after purchasing an additional 85 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in Texas Instruments by 2.5% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 3,550 shares of the semiconductor company’s stock valued at $459,000 after purchasing an additional 85 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its stake in Texas Instruments by 5.3% during the 4th quarter. Meridian Wealth Management LLC now owns 1,799 shares of the semiconductor company’s stock valued at $230,000 after purchasing an additional 90 shares during the last quarter. 85.04% of the stock is currently owned by hedge funds and other institutional investors.

In other news, VP Hagop H. Kozanian sold 5,383 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $119.51, for a total transaction of $643,322.33. Following the sale, the vice president now owns 41,839 shares in the company, valued at $5,000,178.89. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Ahmad Bahai sold 1,550 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $117.99, for a total transaction of $182,884.50. Following the sale, the vice president now owns 25,354 shares in the company, valued at approximately $2,991,518.46. The disclosure for this sale can be found here. 0.89% of the stock is currently owned by corporate insiders.

Shares of NASDAQ:TXN opened at $130.67 on Wednesday. Texas Instruments Incorporated has a 52-week low of $94.81 and a 52-week high of $132.20. The firm has a fifty day moving average of $126.04 and a 200 day moving average of $123.59. The firm has a market capitalization of $121.52 billion, a PE ratio of 24.11, a price-to-earnings-growth ratio of 2.58 and a beta of 1.21. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.32 and a current ratio of 4.34.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.42 by $0.07. Texas Instruments had a net margin of 35.10% and a return on equity of 58.00%. The firm had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.82 billion. During the same period in the prior year, the firm posted $1.56 earnings per share. The company’s quarterly revenue was down 11.5% compared to the same quarter last year. On average, sell-side analysts forecast that Texas Instruments Incorporated will post 4.94 EPS for the current fiscal year.

A number of equities analysts have issued reports on TXN shares. ValuEngine downgraded Texas Instruments from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Bank of America cut their price target on Texas Instruments from $150.00 to $140.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. SunTrust Banks dropped their target price on shares of Texas Instruments from $133.00 to $122.00 and set a “hold” rating on the stock in a research report on Wednesday, October 23rd. Oppenheimer dropped their target price on shares of Texas Instruments from $140.00 to $120.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Finally, Charter Equity cut shares of Texas Instruments from a “buy” rating to a “market perform” rating in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $121.38.

About Texas Instruments

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.

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

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