3,250 Shares in Texas Instruments Incorporated (TXN) Acquired by GSA Capital Partners LLP

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GSA Capital Partners LLP acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,250 shares of the semiconductor company’s stock, valued at approximately $338,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Corient Capital Partners LLC boosted its stake in shares of Texas Instruments by 7.3% during the 4th quarter. Corient Capital Partners LLC now owns 7,403 shares of the semiconductor company’s stock worth $773,000 after acquiring an additional 504 shares in the last quarter. Massey Quick Simon & CO. LLC boosted its stake in shares of Texas Instruments by 89.7% during the 1st quarter. Massey Quick Simon & CO. LLC now owns 1,066 shares of the semiconductor company’s stock worth $111,000 after acquiring an additional 504 shares in the last quarter. Haverford Trust Co. boosted its stake in shares of Texas Instruments by 6.6% during the 1st quarter. Haverford Trust Co. now owns 8,252 shares of the semiconductor company’s stock worth $857,000 after acquiring an additional 511 shares in the last quarter. Mosaic Family Wealth LLC boosted its position in shares of Texas Instruments by 32.8% in the fourth quarter. Mosaic Family Wealth LLC now owns 2,103 shares of the semiconductor company’s stock worth $220,000 after buying an additional 519 shares during the period. Finally, Checchi Capital Advisers LLC boosted its position in shares of Texas Instruments by 4.9% in the first quarter. Checchi Capital Advisers LLC now owns 11,850 shares of the semiconductor company’s stock worth $1,231,000 after buying an additional 558 shares during the period. 84.30% of the stock is owned by institutional investors and hedge funds.

NASDAQ TXN opened at $111.51 on Wednesday. Texas Instruments Incorporated has a fifty-two week low of $75.92 and a fifty-two week high of $120.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.53 and a current ratio of 4.62. The stock has a market cap of $110.01 billion, a price-to-earnings ratio of 26.05, a P/E/G ratio of 2.19 and a beta of 1.28.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, April 24th. The semiconductor company reported $1.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.10. Texas Instruments had a return on equity of 43.73% and a net margin of 26.39%. The company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same period last year, the company earned $0.89 earnings per share. The business’s revenue was up 11.4% compared to the same quarter last year. analysts anticipate that Texas Instruments Incorporated will post 5.34 earnings per share for the current fiscal year.

TXN has been the subject of several recent analyst reports. ValuEngine raised Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. DZ Bank raised Texas Instruments from a “hold” rating to a “buy” rating in a research report on Thursday, April 26th. Zacks Investment Research raised Texas Instruments from a “hold” rating to a “buy” rating and set a $114.00 target price for the company in a research report on Wednesday, March 28th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $125.00 target price on shares of Texas Instruments in a research report on Wednesday, April 25th. Finally, BidaskClub cut Texas Instruments from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 24th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $114.68.

In other news, insider Niels Anderskouv sold 102,595 shares of Texas Instruments stock in a transaction dated Monday, May 14th. The stock was sold at an average price of $110.10, for a total value of $11,295,709.50. Following the transaction, the insider now directly owns 110,187 shares in the company, valued at $12,131,588.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kevin J. Ritchie sold 52,698 shares of Texas Instruments stock in a transaction dated Friday, May 11th. The stock was sold at an average price of $110.17, for a total value of $5,805,738.66. Following the completion of the transaction, the insider now owns 172,545 shares in the company, valued at $19,009,282.65. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 175,484 shares of company stock worth $19,325,083. Corporate insiders own 0.84% of the company’s stock.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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