Duality Advisers LP Buys 11,456 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Duality Advisers LP boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 97.8% during the 4th quarter, HoldingsChannel reports. The fund owned 23,174 shares of the semiconductor company’s stock after acquiring an additional 11,456 shares during the quarter. Duality Advisers LP’s holdings in Texas Instruments were worth $3,950,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Annapolis Financial Services LLC increased its stake in shares of Texas Instruments by 333.3% during the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 120 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in Texas Instruments in the 3rd quarter valued at about $25,000. Tennessee Valley Asset Management Partners acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $25,000. Life Planning Partners Inc acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $26,000. Finally, Riverview Trust Co grew its position in shares of Texas Instruments by 57.4% during the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 66 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Insider Buying and Selling at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total value of $278,778.40. Following the sale, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Stock Up 2.3 %

TXN opened at $163.43 on Tuesday. 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 stock has a market cap of $148.73 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 3.44 and a beta of 1.04. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company’s 50-day moving average price is $168.15 and its two-hundred day moving average price is $161.84.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. The firm had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company’s quarterly revenue was down 12.7% on a year-over-year basis. During the same period in the previous year, the company earned $2.13 earnings per share. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Analyst Ratings Changes

TXN has been the subject of a number of recent analyst reports. Mizuho cut their price target 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. Susquehanna decreased their price objective on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a research report on Wednesday, January 24th. KeyCorp lifted their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, January 24th. Barclays reduced their price objective on shares of Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, January 24th. Finally, Cantor Fitzgerald lifted their price objective on shares of Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and a consensus target price of $176.68.

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.