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Texas Instruments Inc. (TXN) down -0.06% since start of the year

Texas Instruments Inc. (NASDAQ: TXN) is -0.06% lower on its value in year-to-date trading and has touched a low of $139.48 and a high of $188.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TXN stock was last observed hovering at around $173.17 in the last trading session, with the day’s loss setting it -2.81%.

Currently trading at $170.36, the stock is -0.89% and 1.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.3 million and changing -1.62% at the moment leaves the stock 3.41% off its SMA200. TXN registered -7.53% loss for a year compared to 6-month gain of 7.14%. The firm has a 50-day simple moving average (SMA 50) of $9.00 and a 200-day simple moving average (SMA200) of $17.50.

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The stock witnessed a -0.40% loss in the last 1 month and extending the period to 3 months gives it a -0.06%, and is -0.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.97% over the week and 2.03% over the month.

Texas Instruments Inc. (TXN) has around 34000 employees, a market worth around $154.91B and $17.52B in sales. Current P/E ratio is 24.09 and Fwd P/E is 26.54. Profit margin for the company is 36.97%. Distance from 52-week low is 22.14% and -9.44% from its 52-week high. The company has generated returns on investments over the last 12 months (23.13%).

Texas Instruments Inc. quarterly earnings per share for the current quarter are estimated at $1.07 with sales reaching $3.61B over the same period.The EPS is expected to shrink by -28.88% this year, but quarterly earnings will post -10.90% year-over-year. Quarterly sales are estimated to shrink -9.80% in year-over-year returns.

Texas Instruments Inc. (TXN) Top Institutional Holders

2,896 institutions hold shares in Texas Instruments Inc. (TXN), with institutional investors hold 89.26% of the company’s shares. The shares outstanding are 909.00M, and float is at 907.82M with Short Float at 1.97%. Institutions hold 89.06% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 88.4 million shares valued at $15.91 billion. The investor’s holdings represent 9.74% of the TXN Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 79.68 million shares valued at $14.34 billion to account for 8.78% of the shares outstanding. The other top investors are State Street Corporation which holds 37.93 million shares representing 4.18% and valued at over $6.83 billion, while Wellington Management Group, LLP holds 2.92% of the shares totaling 26.53 million with a market value of $4.78 billion.

Texas Instruments Inc. (TXN) Insider Activity

The most recent transaction is an insider sale by BLINN MARK A,the company’sDirector. SEC filings show that BLINN MARK A sold 1,744 shares of the company’s common stock on Jan 31 ’24 at a price of $159.85 per share for a total of $0.28 million. Following the sale, the insider now owns 11693.0 shares.

Texas Instruments Inc. disclosed in a document filed with the SEC on Nov 13 ’23 that KIRK RONALD (Director) sold a total of 12,299 shares of the company’s common stock. The trade occurred on Nov 13 ’23 and was made at $145.51 per share for $1.79 million. Following the transaction, the insider now directly holds 13637.0 shares of the TXN stock.

Still, SEC filings show that on Jul 31 ’23, COX CARRIE SMITH (Director) disposed off 16,055 shares at an average price of $180.04 for $2.89 million. The insider now directly holds 35,801 shares of Texas Instruments Inc. (TXN).

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