Trilogy Capital Inc. Makes New Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Trilogy Capital Inc. acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,697 shares of the semiconductor company’s stock, valued at approximately $2,735,000.

Several other large investors also recently modified their holdings of the company. Tennessee Valley Asset Management Partners acquired a new stake in shares of Texas Instruments during the 4th quarter worth approximately $25,000. Life Planning Partners Inc acquired a new stake in Texas Instruments in the fourth quarter worth $26,000. Richardson Financial Services Inc. acquired a new position in shares of Texas Instruments during the fourth quarter valued at about $26,000. Scarborough Advisors LLC bought a new position in shares of Texas Instruments during the 4th quarter worth about $26,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of Texas Instruments in the 4th quarter valued at about $31,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In other news, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $179.12, for a total value of $1,789,408.80. Following the completion of the transaction, the director now owns 33,348 shares in the company, valued at $5,973,293.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Pamela H. Patsley sold 9,990 shares of the business’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the sale, the director now directly owns 33,348 shares in the company, valued at approximately $5,973,293.76. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Richard K. Templeton sold 104,000 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $175.83, for a total value of $18,286,320.00. Following the completion of the transaction, the chairman now owns 403,851 shares of the company’s stock, valued at approximately $71,009,121.33. The disclosure for this sale can be found here. Insiders have sold a total of 328,969 shares of company stock worth $58,427,984 over the last ninety days. 0.68% of the stock is currently owned by company insiders.

Texas Instruments Trading Up 0.6 %

NASDAQ TXN opened at $194.53 on Monday. The stock has a market capitalization of $177.12 billion, a price-to-earnings ratio of 30.35, a PEG ratio of 4.21 and a beta of 0.99. The business’s fifty day moving average is $190.26 and its 200-day moving average is $175.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.76. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $206.00.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The firm had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. During the same period in the previous year, the company earned $1.85 earnings per share. The company’s quarterly revenue was down 16.4% on a year-over-year basis. Equities research analysts predict that Texas Instruments Incorporated will post 5.13 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th were given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend was Tuesday, May 7th. Texas Instruments’s dividend payout ratio is currently 81.12%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TXN. Cantor Fitzgerald upped their price target on Texas Instruments from $180.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 15th. Benchmark increased their target price on Texas Instruments from $210.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, June 21st. Rosenblatt Securities restated a “buy” rating and set a $210.00 price target on shares of Texas Instruments in a research note on Wednesday, April 24th. Susquehanna raised their price objective on shares of Texas Instruments from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday, April 24th. Finally, Barclays boosted their target price on shares of Texas Instruments from $150.00 to $190.00 and gave the stock an “equal weight” rating in a research report on Monday, May 20th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and an average price target of $183.43.

Texas Instruments 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.