Texas Instruments Inc. (NASDAQ: TXN) is 13.79% higher on its value in year-to-date trading and has touched a low of $139.48 and a high of $214.66 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TXN stock was last observed hovering at around $195.77 in the last trading session, with the day’s loss setting it -1.8%.
Currently trading at $193.97, the stock is -4.24% and -4.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.46 million and changing -0.92% at the moment leaves the stock 4.20% off its SMA200. TXN registered 31.23% gain for a year compared to 6-month gain of 17.22%. The firm has a 50-day simple moving average (SMA 50) of $202.9258 and a 200-day simple moving average (SMA200) of $186.00005.
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The stock witnessed a -4.85% loss in the last 1 month and extending the period to 3 months gives it a -2.17%, and is -2.94% 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 1.94% over the week and 2.11% over the month.
Texas Instruments Inc. (TXN) has around 34000 employees, a market worth around $177.10B and $16.09B in sales. Current P/E ratio is 33.65 and Fwd P/E is 31.13. Profit margin for the company is 32.84%. Distance from 52-week low is 39.07% and -9.64% from its 52-week high. The company has generated returns on investments over the last 12 months (17.58%).
with sales reaching $4.04B over the same period.The EPS is expected to shrink by -27.37% this year, but quarterly earnings will post -10.50% year-over-year. Quarterly sales are estimated to shrink -0.90% in year-over-year returns.
Texas Instruments Inc. (TXN) Top Institutional Holders
2970.0 institutions hold shares in Texas Instruments Inc. (TXN), with institutional investors hold 91.85% of the company’s shares. The shares outstanding are 913.05M, and float is at 911.66M with Short Float at 2.11%. Institutions hold 91.66% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 91.91 million shares valued at $17.88 billion. The investor’s holdings represent 10.0996% of the TXN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 78.75 million shares valued at $$15.32 billion to account for 8.6535 of the shares outstanding. The other top investors are STATE STREET CORP which holds 41.29 million shares representing 4.5371% and valued at over $8.03 billion, while CAPITAL RESEARCH GLOBAL INVESTORS holds 3.5779 of the shares totaling 32.56 million with a market value of $6.33 billion.
Texas Instruments Inc. (TXN) Insider Activity
The most recent transaction is an insider sale by PATSLEY PAMELA H, the company’s Director. SEC filings show that PATSLEY PAMELA H sold 6,065 shares of the company’s common stock on Aug 29 ’24 at a price of $212.43 per share for a total of $1.29 million. Following the sale, the insider now owns 33348.0 shares.
Texas Instruments Inc. disclosed in a document filed with the SEC on Aug 29 ’24 that Gary Mark (Sr. Vice President) sold a total of 15,165 shares of the company’s common stock. The trade occurred on Aug 29 ’24 and was made at $212.63 per share for $3.22 million. Following the transaction, the insider now directly holds 45143.0 shares of the TXN stock.
Still, SEC filings show that on Aug 29 ’24, Roberts Mark T. (Sr. Vice President) disposed off 4,700 shares at an average price of $213.08 for $1.0 million. The insider now directly holds 47,369 shares of Texas Instruments Inc. (TXN).
