Senator Tommy Tuberville (R-Alabama) recently sold shares of Texas Instruments Incorporated (NASDAQ:TXN). In a filing disclosed on February 14th, the Senator disclosed that they had sold between $15,001 and $50,000 in Texas Instruments stock on January 10th.
Senator Tommy Tuberville also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Diageo (NYSE:DEO) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 1/10/2025.
- Sold $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 1/10/2025.
Texas Instruments Price Performance
Shares of NASDAQ TXN opened at $183.03 on Friday. The firm has a market capitalization of $166.96 billion, a P/E ratio of 35.27, a P/E/G ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 1-year low of $158.90 and a 1-year high of $220.38. The firm’s 50-day moving average price is $188.18 and its 200-day moving average price is $197.38. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.
Texas Instruments Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.97%. Texas Instruments’s payout ratio is currently 104.82%.
Insider Activity
In other news, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.
Hedge Funds Weigh In On Texas Instruments
Several hedge funds and other institutional investors have recently modified their holdings of TXN. Wahed Invest LLC raised its stake in shares of Texas Instruments by 6.5% in the fourth quarter. Wahed Invest LLC now owns 23,387 shares of the semiconductor company’s stock worth $4,385,000 after buying an additional 1,431 shares during the period. South Plains Financial Inc. bought a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $510,000. FAS Wealth Partners Inc. raised its stake in shares of Texas Instruments by 1.7% in the fourth quarter. FAS Wealth Partners Inc. now owns 15,553 shares of the semiconductor company’s stock valued at $2,916,000 after acquiring an additional 258 shares during the period. Unisphere Establishment bought a new position in shares of Texas Instruments during the fourth quarter valued at approximately $8,363,000. Finally, Guardian Capital LP boosted its stake in shares of Texas Instruments by 2.5% during the fourth quarter. Guardian Capital LP now owns 16,455 shares of the semiconductor company’s stock valued at $3,085,000 after purchasing an additional 400 shares during the period. 84.99% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the stock. Barclays decreased their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Bank of America decreased their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Evercore ISI lifted their price target on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Finally, Susquehanna reduced their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $209.20.
Check Out Our Latest Research Report on TXN
About Senator Tuberville
Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.
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.
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