Texas Instruments Inc (NASDAQ: TXN) is 24.83% higher on its value in year-to-date trading and has touched a low of $145.19 and a high of $220.38 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 $215.87 in the last trading session, with the day’s loss setting it -3.09%.
Currently trading at $212.78, the stock is 3.21% and 4.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.99 million and changing -1.43% at the moment leaves the stock 12.44% off its SMA200. TXN registered 44.56% gain for a year compared to 6-month gain of 11.33%. The firm has a 50-day simple moving average (SMA 50) of $204.1952 and a 200-day simple moving average (SMA200) of $189.2319.
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The stock witnessed a 1.98% loss in the last 1 month and extending the period to 3 months gives it a 8.78%, and is 5.10% up 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 2.45% over the week and 2.36% over the month.
Texas Instruments Inc (TXN) has around 34000 employees, a market worth around $194.10B and $15.71B in sales. Current P/E ratio is 39.53 and Fwd P/E is 36.51. Profit margin for the company is 31.44%. Distance from 52-week low is 46.55% and -3.45% from its 52-week high. The company has generated returns on investments over the last 12 months (16.04%).
with sales reaching $3.87B over the same period.The EPS is expected to shrink by -27.96% this year, but quarterly earnings will post -11.50% year-over-year. Quarterly sales are estimated to shrink -5.10% in year-over-year returns.
Texas Instruments Inc (TXN) Top Institutional Holders
3004.0 institutions hold shares in Texas Instruments Inc (TXN), with institutional investors hold 91.49% of the company’s shares. The shares outstanding are 912.22M, and float is at 910.83M with Short Float at 2.47%. Institutions hold 91.30% 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
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Texas Instruments Inc disclosed in a document filed with the SEC on Nov 06 ’24 that Gary Mark (Sr. Vice President) sold a total of 4,377 shares of the company’s common stock. The trade occurred on Nov 06 ’24 and was made at $214.83 per share for $0.94 million. Following the transaction, the insider now directly holds 37926.0 shares of the TXN stock.
Still, SEC filings show that on Nov 06 ’24, Witzsche Christine (Sr. Vice President) disposed off 132 shares at an average price of $211.68 for $27941.0. The insider now directly holds 17,477 shares of Texas Instruments Inc (TXN).
