The target price of Texas Instruments (NASDAQ:TXN) was reduced to $200.00

Texas Instruments (NASDAQ:TXN – Get a Free Report) had its target price cut by equities researchers at Cantor Fitzgerald from $210.00 to $200.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage currently has a “neutral” rating on the semiconductor company’s stock. Cantor Fitzgerald’s price objective would suggest a potential downside of 2.42% from the stock’s current price.

A number of other analysts have recently issued reports on the company. Morgan Stanley boosted their price target on Texas Instruments from $150.00 to $156.00 and gave the company an “underweight” rating in a research report on Thursday, July 11th. Robert W. Baird raised their price target on Texas Instruments from $175.00 to $200.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. JPMorgan Chase & Co. upped their target price on Texas Instruments from $195.00 to $230.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Stifel Nicolaus upped their price target on Texas Instruments from $172.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, July 18th. Finally, Evercore ISI upped their target price on Texas Instruments from $255.00 to $268.00 and gave the company an “outperform” rating in a research report on Tuesday, August 20th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $204.19, according to MarketBeat.

Read the latest stock analysis on TXN

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $204.97 on Tuesday. The stock’s 50-day moving average is $201.37, and its two-hundred-day moving average is $192.84. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.62, and a quick ratio of 3.49. Texas Instruments has a 1 year low of $139.48 and a 1 year high of $214.66. The company has a market cap of $186.62 billion, a price-to-earnings ratio of 31.55, a price-to-earnings-growth ratio of 4.41 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN – Get Your Free Report ) last posted its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.06. The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.82 billion. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. Texas Instruments’ revenue fell 15.6% year over year. In the same quarter last year, the business earned $1.87 EPS. analysts forecast that Texas Instruments will post 5.11 EPS for the current fiscal year.

Indoor activity

In related news, VP Shanon J. Leonard sold 2,816 shares of Texas Instruments stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the transaction, the vice president now directly owns 24,112 shares of the company’s stock, valued at approximately $5,037,237.92. The transaction represented a decrease of 0.00 % in the stock holding. The sale was disclosed in a filing with the SEC, which can be accessed via this link. In related news, VP Shanon J. Leonard sold 2,816 shares of Texas Instruments stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the transaction, the vice president now directly owns 24,112 shares of the company’s stock, valued at approximately $5,037,237.92. The transaction represented a decrease of 0.00 % in the stock holding. The sale was disclosed in a filing with the SEC, which can be accessed via this link. Also, CAO Julie C. Knecht sold 7,764 shares of Texas Instruments stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $209.49, for a total value of $1,626,480.36. Following the transaction, the chief accounting officer now directly owns 11,806 shares of the company’s stock, valued at approximately $2,473,238.94. This represents a 0.00 % decrease in ownership of the shares. The disclosure for this sale can be found here. Insiders have sold 15,558 shares of company stock worth $3,255,323 over the last three months. 0.68% of shares are currently owned by company insiders.

Hedge funds influence Texas Instruments

A number of institutional investors have recently made changes to their positions in TXN. Campbell & CO Investment Adviser LLC boosted its holdings in shares of Texas Instruments by 41.8% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 2,285 shares of the semiconductor company’s stock worth $390,000 after acquiring an additional 674 shares in the last quarter. XML Financial LLC grew its position in shares of Texas Instruments by 12.0% in the fourth quarter. XML Financial LLC now owns 2,104 shares of the semiconductor company’s stock valued at $359,000 after buying an additional 226 shares during the period. Visionary Wealth Advisors raised its position in shares of Texas Instruments by 2.6% in the fourth quarter. Visionary Wealth Advisors now owns 9,009 shares of the semiconductor company’s stock valued at $1,536,000 after buying an additional 229 shares during the period. MGO One Seven LLC grew its position in shares of Texas Instruments by 5.5% in the fourth quarter. MGO One Seven LLC now owns 10,805 shares of the semiconductor company’s stock valued at $1,842,000 after buying an additional 568 shares during the period. Finally, Vista Investment Management grew its position in shares of Texas Instruments by 4.4% in the fourth quarter. Vista Investment Management now owns 4,839 shares of the semiconductor company’s stock valued at $825,000 after purchasing an additional 205 shares during the period. 84.99% of shares are owned by institutional investors and hedge funds.

Texas Instruments Company Profile

(Get a free report)

Texas Instruments Incorporated designs, manufactures and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through the analog and embedded processing segments. The analog segment offers power products to handle power requirements at various voltage levels, including battery management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, reference voltage and lighting products.

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