Community Bank N.A. Purchases 280 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Community Bank N.A. grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,855 shares of the semiconductor company’s stock after purchasing an additional 280 shares during the quarter. Community Bank N.A.’s holdings in Texas Instruments were worth $5,260,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Tennessee Valley Asset Management Partners bought a new position in Texas Instruments during the 4th quarter worth approximately $25,000. Life Planning Partners Inc acquired a new stake in shares of Texas Instruments during the 4th quarter worth approximately $26,000. Annapolis Financial Services LLC grew its position in shares of 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 acquired a new stake in shares of Texas Instruments during the 3rd quarter worth approximately $25,000. Finally, Riverview Trust Co grew its position in shares of Texas Instruments by 57.4% during the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after buying an additional 66 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments 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 sale, the director now directly owns 11,693 shares in the company, valued at approximately $1,869,126.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TXN shares. The Goldman Sachs Group raised their price objective on shares of Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a research report on Wednesday. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $180.00 price objective on shares of Texas Instruments in a research report on Wednesday. UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $170.00 to $195.00 in a research report on Friday, January 19th. Stifel Nicolaus lifted their price target on shares of Texas Instruments from $160.00 to $172.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Morgan Stanley lifted their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $181.79.

Texas Instruments Stock Up 5.6 %

NASDAQ:TXN traded up $9.34 during trading hours on Wednesday, hitting $174.81. 13,963,651 shares of the company traded hands, compared to its average volume of 5,668,004. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The firm’s 50-day simple moving average is $168.66 and its 200-day simple moving average is $161.99. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $188.12. The company has a market cap of $159.09 billion, a PE ratio of 24.76, a PEG ratio of 3.52 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.13. The business had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The business’s revenue was down 16.4% on a year-over-year basis. During the same period last year, the business earned $1.85 EPS. Equities analysts predict that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

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.