Watching Texas Instruments Incorporated (TXN) For Insider Activity

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Texas Instruments Incorporated (NASDAQ:TXN) finished Thursday with a subtraction of -$0.68 to close at $162.62, a downside of -0.42 percent. An average of 7,180,660 shares of common stock have been traded in the last five days. There was a fall of -$0.05 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 5,922,885 shares traded, while the 50-day average volume stands at 5,430,456.

TXN stock has decreased by -5.74% in the last month. The company shares reached their 1-month lowest point of $161.22 on 09/22/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $144.46 and a high of $202.26 in 52 weeks. It has reached a new high 2 times so far this year and lost -13.72% or -$25.85 in price. In spite of this, the price is down -19.60% from the 52-week high.


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Insider Transactions

53 days have passed since Texas Instruments Incorporated (TXN) last reported insider trading activity. Roberts Mark T., who is Sr. Vice President, most recently acquired $2,048 shares at $177.50 per share on Aug 01. In this transaction, the insider spent $363,527. Sr. Vice President, Flessner Kyle M, disposed of 43,068 shares at a price of $178.91 on Jul 29. The insider now owns more than $7,705,124 worth of shares. Prior to that, Director PATSLEY PAMELA H went on to Sale 12,299 shares at $176.64 each on Jul 29. An amount of $2,172,465 was transacted.

Valuation Metrics

Texas Instruments Incorporated (TXN) has a trailing price-to-earnings (P/E) ratio of 17.78. The stock’s beta is 1.02. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 7.47, the price-to-book (PB) ratio at 10.61, and the price-to-cash flow ratio at 83.01.

The company has a payout ratio of 48.30%. The company’s most recent quarterly dividend payment was $1.24 a share, representing a up of 7.83% from $1.15 last year. Its latest increase dividend $0.09 reported on Thursday September 15 2022.

Financial Health

The quick ratio of Texas Instruments Incorporated for the three months ended June 29 was 4.20, and the current ratio was 5.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.48 and a total debt to equity ratio of 0.51 for the quarter ending June 29. Its gross profit as reported stood at $12.38 billion compared to revenue of $18.34 billion.

Earnings Surprise

For the three-month period that ended June 29, Texas Instruments Incorporated had $4.58 billion in cash and short-term investments compared to $6.75 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $2.29 billion in the quarter, while revenues of $2.2 billion were grew 15.71%. The analyst consensus anticipated Texas Instruments Incorporated’s latest quarter earnings to come in at $2.12 per share, but it turned out to be $2.45, a 15.60% surprise. For the quarter, EBITDA amounted to $2.96 billion. Shareholders own equity worth $913.71 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Texas Instruments Incorporated (TXN) price momentum. RSI 9-day as of the close on 22 September was 38.98%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.08%.

As of today, TXN’s price is $164.70 -0.03% or -$0.05 from its 5-day moving average. TXN is currently trading -5.56% lower than its 20-day SMA and -4.48% lower than its 100-day SMA. However, the stock’s current price level is +5.40% above the SMA50 and -16.44% below the SMA200.

The stochastic %K and %D were 24.46% and 33.72%, respectively, and the average true range (ATR) was 4.29. With the 14-day stochastic at 13.08% and the average true range at 4.34, the RSI (14) stands at 41.55%. The stock has reached -0.97 on the 9-day MACD Oscillator while the 14-day reading was at -1.42.

Analyst Ratings

DZ Bank downgraded Texas Instruments Incorporated (NASDAQ: TXN) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Texas Instruments Incorporated (TXN) among analysts is Hold. According to current brokerage recommendations, 4 brokerage firms advise that investors sell TXN, while 16 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 10 others rate it as a “buy”.

What is TXN’s price target for the next 12 months?

Analysts predict a range of price targets between $150.00 and $230.00, with a median target of $173.50. Taking a look at these predictions, the average price target given by analysts for Texas Instruments Incorporated (TXN) stock is $180.54.

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