Sava Infond d.o.o. Invests $248,000 in Texas Instruments Incorporated (NASDAQ:TXN)

Sava Infond d.o.o. purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,320 shares of the semiconductor company’s stock, valued at approximately $248,000.

Other large investors have also recently bought and sold shares of the company. Howard Capital Management Group LLC bought a new position in shares of Texas Instruments during the third quarter worth approximately $202,000. FMR LLC grew its holdings in Texas Instruments by 4.1% in the 3rd quarter. FMR LLC now owns 2,702,653 shares of the semiconductor company’s stock valued at $558,287,000 after buying an additional 106,002 shares in the last quarter. CreativeOne Wealth LLC increased its position in Texas Instruments by 51.5% during the 3rd quarter. CreativeOne Wealth LLC now owns 6,820 shares of the semiconductor company’s stock worth $1,409,000 after buying an additional 2,319 shares during the period. Boussard & Gavaudan Investment Management LLP bought a new position in Texas Instruments during the 3rd quarter worth $10,836,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Texas Instruments by 8.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 186,682 shares of the semiconductor company’s stock worth $38,563,000 after buying an additional 14,249 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the sale, the director now directly owns 10,816 shares in the company, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now owns 11,717 shares in the company, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock worth $59,841,304 over the last quarter. Company insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent research reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Truist Financial decreased their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Mizuho reduced their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Finally, Wells Fargo & Company dropped their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $209.20.

Texas Instruments Stock Down 2.0 %

Shares of TXN opened at $180.76 on Friday. The stock’s 50-day moving average price is $186.77 and its two-hundred day moving average price is $194.89. Texas Instruments Incorporated has a 12 month low of $159.11 and a 12 month high of $220.39. The company has a market capitalization of $164.48 billion, a PE ratio of 34.83, a PEG ratio of 3.30 and a beta of 0.98. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the company earned $1.49 EPS. On average, analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date was Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 104.82%.

About Texas Instruments

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.