Dynamic Technology Lab Private Ltd Makes New Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Dynamic Technology Lab Private Ltd acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,270 shares of the semiconductor company’s stock, valued at approximately $771,000.

Several other institutional investors have also recently added to or reduced their stakes in TXN. HNP Capital LLC increased its position in Texas Instruments by 1.3% in the 1st quarter. HNP Capital LLC now owns 7,590 shares of the semiconductor company’s stock valued at $805,000 after acquiring an additional 95 shares during the period. Northwest Bancshares Inc. increased its stake in shares of Texas Instruments by 3.3% in the first quarter. Northwest Bancshares Inc. now owns 3,156 shares of the semiconductor company’s stock worth $335,000 after purchasing an additional 100 shares in the last quarter. Warren Averett Asset Management LLC increased its stake in shares of Texas Instruments by 3.4% in the first quarter. Warren Averett Asset Management LLC now owns 3,042 shares of the semiconductor company’s stock worth $323,000 after purchasing an additional 100 shares in the last quarter. HighPoint Advisor Group LLC boosted its position in shares of Texas Instruments by 0.6% in the fourth quarter. HighPoint Advisor Group LLC now owns 17,387 shares of the semiconductor company’s stock valued at $1,868,000 after acquiring an additional 102 shares during the period. Finally, Balasa Dinverno & Foltz LLC boosted its position in shares of Texas Instruments by 1.2% in the fourth quarter. Balasa Dinverno & Foltz LLC now owns 8,851 shares of the semiconductor company’s stock valued at $836,000 after acquiring an additional 103 shares during the period. Institutional investors own 85.34% of the company’s stock.

Texas Instruments stock traded up $2.43 during mid-day trading on Monday, reaching $117.19. The stock had a trading volume of 5,026,778 shares, compared to its average volume of 5,322,057. The firm has a market cap of $109.95 billion, a P/E ratio of 21.62, a price-to-earnings-growth ratio of 2.22 and a beta of 1.25. The company’s 50-day moving average price is $109.24. Texas Instruments Incorporated has a one year low of $87.70 and a one year high of $119.32. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.68 and a quick ratio of 2.70.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.09. The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.48 billion. Texas Instruments had a net margin of 34.84% and a return on equity of 55.48%. Texas Instruments’s revenue was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.35 EPS. On average, analysts forecast that Texas Instruments Incorporated will post 5.11 EPS for the current year.

Several brokerages have issued reports on TXN. BidaskClub upgraded shares of Texas Instruments from a “sell” rating to a “hold” rating in a research report on Saturday, June 1st. ValuEngine downgraded shares of Texas Instruments from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. Nomura initiated coverage on shares of Texas Instruments in a report on Tuesday, May 7th. They set a “neutral” rating and a $106.00 target price on the stock. Wells Fargo & Co dropped their target price on shares of Texas Instruments from $63.00 to $58.00 and set a “market perform” rating on the stock in a report on Tuesday, April 30th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $124.00 target price on shares of Texas Instruments in a report on Tuesday, April 30th. Two research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and eight have issued a buy rating to the stock. Texas Instruments has a consensus rating of “Hold” and a consensus price target of $111.18.

In other Texas Instruments news, insider Rafael R. Lizardi sold 27,675 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $117.87, for a total transaction of $3,262,052.25. Following the transaction, the insider now owns 98,809 shares in the company, valued at approximately $11,646,616.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bing Xie sold 20,000 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $116.75, for a total transaction of $2,335,000.00. Following the transaction, the insider now owns 53,934 shares in the company, valued at approximately $6,296,794.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 879,332 shares of company stock worth $103,024,864. 0.89% of the stock is currently owned by company insiders.

About Texas Instruments

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.

Read More: Google Finance Portfolio

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

Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.