B.O.S.S. Retirement Advisors LLC Decreases Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

B.O.S.S. Retirement Advisors LLC decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 23.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,002 shares of the semiconductor company’s stock after selling 311 shares during the period. B.O.S.S. Retirement Advisors LLC’s holdings in Texas Instruments were worth $207,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Westend Capital Management LLC purchased a new position in shares of Texas Instruments during the 1st quarter valued at approximately $31,000. Norwood Financial Corp acquired a new stake in Texas Instruments in the first quarter valued at $32,000. Tsfg LLC boosted its stake in Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares during the last quarter. Tradewinds Capital Management LLC grew its holdings in Texas Instruments by 71.1% during the 1st quarter. Tradewinds Capital Management LLC now owns 243 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 101 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. bought a new stake in shares of Texas Instruments in the 1st quarter worth about $44,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insiders Place Their Bets

In other news, VP Shanon J. Leonard sold 2,816 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $208.91, for a total value of $588,290.56. Following the completion of the transaction, the vice president now directly owns 24,112 shares in the company, valued at $5,037,237.92. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CEO Haviv Ilan sold 1,200 shares of the business’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $209.44, for a total value of $251,328.00. Following the sale, the chief executive officer now owns 158,676 shares of the company’s stock, valued at approximately $33,233,101.44. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shanon J. Leonard sold 2,816 shares of the company’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $208.91, for a total value of $588,290.56. Following the completion of the sale, the vice president now owns 24,112 shares of the company’s stock, valued at approximately $5,037,237.92. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,558 shares of company stock worth $3,255,323. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Stock Performance

Shares of NASDAQ TXN opened at $198.30 on Friday. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $214.66. The company has a market cap of $180.55 billion, a PE ratio of 30.94, a P/E/G ratio of 4.54 and a beta of 0.98. The stock has a 50 day simple moving average of $203.17 and a 200-day simple moving average of $194.05. The company has a current ratio of 4.62, a quick ratio of 3.49 and a debt-to-equity ratio of 0.75.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. The company had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.82 billion. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The firm’s quarterly revenue was down 15.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.87 EPS. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.11 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be paid a dividend of $1.36 per share. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $5.44 annualized dividend and a yield of 2.74%. Texas Instruments’s dividend payout ratio (DPR) is presently 84.87%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Citigroup raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and increased their price target for the stock from $200.00 to $235.00 in a research report on Wednesday, August 21st. Cantor Fitzgerald reduced their target price on Texas Instruments from $210.00 to $200.00 and set a “neutral” rating on the stock in a report on Tuesday, October 8th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a report on Monday. Jefferies Financial Group raised their price objective on Texas Instruments from $175.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, July 24th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Texas Instruments from $195.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and an average target price of $205.65.

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.