Texas Instruments (NASDAQ:TXN) Price Target Increased to $205.00 by Analysts at Susquehanna

Texas Instruments (NASDAQ:TXNGet Rating) had its price objective lifted by analysts at Susquehanna from $195.00 to $205.00 in a research note issued to investors on Wednesday, The Fly reports. Susquehanna’s target price would indicate a potential upside of 15.79% from the stock’s current price.

TXN has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft increased their price target on Texas Instruments from $155.00 to $158.00 in a research note on Wednesday, December 14th. Barclays increased their price target on Texas Instruments from $150.00 to $165.00 and gave the company an “equal weight” rating in a research note on Monday. Cowen cut their target price on Texas Instruments from $170.00 to $160.00 in a research report on Wednesday, October 26th. Benchmark cut their target price on Texas Instruments from $205.00 to $189.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. Finally, The Goldman Sachs Group cut their target price on Texas Instruments to $153.00 in a research report on Thursday, October 27th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $177.96.

Texas Instruments Price Performance

Shares of TXN opened at $177.04 on Wednesday. Texas Instruments has a 12-month low of $144.46 and a 12-month high of $191.34. The business has a 50-day simple moving average of $172.92 and a two-hundred day simple moving average of $168.62. The company has a quick ratio of 4.06, a current ratio of 4.92 and a debt-to-equity ratio of 0.51. The stock has a market cap of $160.68 billion, a PE ratio of 18.56, a PEG ratio of 2.41 and a beta of 1.02.

Texas Instruments (NASDAQ:TXNGet Rating) last issued its quarterly earnings results on Tuesday, October 25th. The semiconductor company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.08. The company had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Texas Instruments had a return on equity of 63.68% and a net margin of 44.21%. Analysts anticipate that Texas Instruments will post 9.23 earnings per share for the current fiscal year.

Insider Transactions at Texas Instruments

In other news, VP Ahmad Bahai sold 1,109 shares of the stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $180.01, for a total value of $199,631.09. Following the completion of the sale, the vice president now directly owns 27,306 shares of the company’s stock, valued at $4,915,353.06. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, VP Ahmad Bahai sold 1,109 shares of the stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $180.01, for a total transaction of $199,631.09. Following the completion of the sale, the vice president now directly owns 27,306 shares of the company’s stock, valued at $4,915,353.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Janet F. Clark sold 9,990 shares of the stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $175.16, for a total value of $1,749,848.40. Following the sale, the director now directly owns 8,942 shares of the company’s stock, valued at $1,566,280.72. The disclosure for this sale can be found here. Company insiders own 0.54% of the company’s stock.

Institutional Trading of Texas Instruments

A number of institutional investors and hedge funds have recently modified their holdings of the business. Exeter Financial LLC increased its position in shares of Texas Instruments by 174.2% during the fourth quarter. Exeter Financial LLC now owns 13,457 shares of the semiconductor company’s stock valued at $2,223,000 after acquiring an additional 8,550 shares during the last quarter. Aaron Wealth Advisors LLC increased its position in Texas Instruments by 25.0% in the fourth quarter. Aaron Wealth Advisors LLC now owns 10,751 shares of the semiconductor company’s stock worth $1,776,000 after buying an additional 2,153 shares during the last quarter. Koshinski Asset Management Inc. increased its position in Texas Instruments by 1.8% in the fourth quarter. Koshinski Asset Management Inc. now owns 24,471 shares of the semiconductor company’s stock worth $4,043,000 after buying an additional 424 shares during the last quarter. Covenant Asset Management LLC increased its position in Texas Instruments by 1.3% in the fourth quarter. Covenant Asset Management LLC now owns 7,467 shares of the semiconductor company’s stock worth $1,234,000 after buying an additional 96 shares during the last quarter. Finally, Forum Financial Management LP increased its position in Texas Instruments by 1.3% in the fourth quarter. Forum Financial Management LP now owns 7,082 shares of the semiconductor company’s stock worth $1,170,000 after buying an additional 92 shares during the last quarter. 83.12% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Company Profile

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Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing.

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