Duality Advisers LP Has $3.95 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Duality Advisers LP lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 97.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,174 shares of the semiconductor company’s stock after buying an additional 11,456 shares during the quarter. Duality Advisers LP’s holdings in Texas Instruments were worth $3,950,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of TXN. Annapolis Financial Services LLC boosted its position in Texas Instruments by 333.3% during the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after buying an additional 120 shares during the period. Briaud Financial Planning Inc purchased a new stake in shares of Texas Instruments in the third quarter valued at about $25,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of Texas Instruments in the fourth quarter valued at about $25,000. Life Planning Partners Inc purchased a new stake in shares of Texas Instruments in the fourth quarter valued at about $26,000. Finally, Riverview Trust Co grew its position in Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 66 shares during the period. 84.99% of the stock is owned by institutional investors.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Stock Up 2.3 %

Shares of TXN opened at $163.43 on Tuesday. The company has a current ratio of 4.55, a quick ratio of 3.35 and a debt-to-equity ratio of 0.63. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $188.12. The stock’s 50 day moving average is $168.15 and its two-hundred day moving average is $161.84. The firm has a market cap of $148.73 billion, a P/E ratio of 23.15, a PEG ratio of 3.44 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. The firm had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The business’s revenue was down 12.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.13 earnings per share. Analysts predict that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TXN has been the subject of a number of analyst reports. TD Cowen raised their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research report on Wednesday, January 24th. Evercore ISI began coverage on Texas Instruments in a research report on Tuesday, April 16th. They issued an “outperform” rating and a $213.00 price target for the company. Mizuho decreased their target price on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a research report on Wednesday, January 24th. KeyCorp upped their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. Finally, Morgan Stanley upped their price target on Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $176.68.

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.