Texas Instruments (NASDAQ:TXN) Stock: Insider Pamela Patsley Sells 4,532 Shares

Texas Instruments Incorporated (NASDAQ:TXN – Get Free Report) Director Pamela Patsley sold 4,532 shares of Texas Instruments stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $301.56, for a total value of $1,366,669.92. Following the sale, the director directly owned 34,487 shares of the company’s stock, valued at $10,399,899.72. This represents a 11.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Texas Instruments Price Performance

Shares of TXN stock traded up $3.11 during trading on Thursday, hitting $312.94. The company had a trading volume of 5,631,214 shares, compared to its average volume of 7,598,907. The stock’s 50-day moving average is $274.05 and its two-hundred day moving average is $257.59. The stock has a market capitalization of $285.79 billion, a price-to-earnings ratio of 40.59, a price-to-earnings-growth ratio of 1.43 and a beta of 1.35. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The company has a quick ratio of 4.05, a current ratio of 5.59 and a debt-to-equity ratio of 0.67.

Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The business had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.94 billion. During the same quarter last year, the business posted $1.48 earnings per share. The company’s revenue for the quarter was up 27.7% on a year-over-year basis. As a group, analysts predict that Texas Instruments Incorporated will post 8.85 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be given a $1.52 dividend. This represents a $6.08 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, October 30th. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio is 73.67%.

Institutional Trading of Texas Instruments

A number of large investors have recently made changes to their positions in TXN. Scarborough Advisors LLC bought a new position in Texas Instruments during the 1st quarter valued at about $29,000. Creative Capital Management Investments LLC increased its position in shares of Texas Instruments by 167.5% during the third quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 67 shares during the period. Kilter Group LLC purchased a new stake in shares of Texas Instruments in the second quarter valued at approximately $31,000. Main Street Group LTD bought a new stake in Texas Instruments during the 1st quarter valued at $32,000. Finally, Nvwm LLC grew its position in shares of Texas Instruments by 550.0% during the 3rd quarter. Nvwm LLC now owns 117 shares of the semiconductor company’s stock worth $33,000 after buying an additional 99 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.

Trending Headlines about Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

  • Positive Sentiment: Texas Instruments reported third-quarter revenue of $6.055 billion, up approximately 28% year over year, while adjusted earnings of $2.62 per share exceeded the $2.40 consensus estimate. Management also forecast fourth-quarter revenue of $5.80 billion to $6.30 billion and earnings of $2.45 to $2.79 per share, reinforcing expectations for continued demand across industrial, automotive and data-center markets. Earnings Beat Might Change Texas Instruments Stock Narrative
  • Positive Sentiment: Gross margin rose to 64.2% from 57.4% a year earlier and 61.4% in the prior quarter, helped by stronger sales and factory utilization. Further margin expansion could support earnings growth and improve investor confidence in the semiconductor recovery. TXN’s Gross Margin Crosses 64% in Q3
  • Positive Sentiment: The company recently raised its quarterly dividend to $1.52, and its substantial free-cash-flow generation supports the case for continued shareholder returns, although payout sustainability remains an investor question. Texas Instruments Dividend Comparison
  • Neutral Sentiment: ETF buying provided a technical demand signal, with 41 funds adding TXN on October 27 and approximately $37 million of purchases reported for the prior Monday. Such flows may support the stock but do not change its fundamentals. 41 ETFs Add Texas Instruments
  • Negative Sentiment: At roughly 40 times earnings and near its 52-week high, TXN has limited room for disappointing results. DZ Bank upgraded the stock only from “sell” to “hold” with a $300 target, while Bernstein also maintained a Hold rating. DZ Bank Texas Instruments Rating
  • Negative Sentiment: Weak guidance from automotive-chip peer NXP revived concerns about auto demand and pressured semiconductor stocks, including Texas Instruments. Analysts’ bullish average recommendations may also be less reliable because sell-side ratings often skew optimistic. Semiconductor Peer Guidance Concerns

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on TXN shares. TD Cowen dropped their price objective on Texas Instruments from $340.00 to $330.00 and set a “buy” rating for the company in a research note on Monday, October 19th. The Goldman Sachs Group restated a “sell” rating and issued a $250.00 price objective on shares of Texas Instruments in a report on Thursday, October 22nd. Stifel Nicolaus lifted their price objective on Texas Instruments from $360.00 to $370.00 and gave the company a “buy” rating in a research report on Thursday, October 22nd. Wells Fargo & Company cut their price objective on shares of Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 20th. Finally, UBS Group lowered their price target on Texas Instruments from $380.00 to $360.00 and set a “buy” rating for the company in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments has an average rating of “Moderate Buy” and an average target price of $315.37.

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About Texas Instruments

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Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.

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Insider Buying and Selling by Quarter for Texas Instruments (NASDAQ:TXN)

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