Published: Wed, October 11, 2017
Hi-Tech | By Ellis Neal

Texas Instruments Incorporated (TXN): Overbought Stock Of Yesterday


About 408,998 shares traded.

Another recent and important Texas Instruments Incorporated (NASDAQ:TXN) news was published by Zacks.com which published an article titled: "Texas Instruments Boosts Analog Segment with New Product" on September 27, 2017. It has outperformed by 23.61% the S&P500.

Next Financial Group Inc increased Ishares Tr (CSJ) stake by 2,808 shares to 3,833 valued at $404.00M in 2017Q2. Wesbanco Bancorp Inc invested in 1.37% or 326,180 shares. Regeneron Pharmaceuticals now has $49.95 billion valuation. The stock saw a move of 0.25% during the latest trading session. About 59,321 shares traded. National Pension has invested 0.36% in Texas Instruments Incorporated (NASDAQ:TXN). It has outperformed by 62.83% the S&P500. In the last earnings report the EPS was $4.00 and is projected to be $4.13 for the current year with 990,038,000 shares now outstanding. Patriot Financial Group Insurance Agency LLC now owns 1,287 shares of the semiconductor company's stock worth $101,000 after purchasing an additional 200 shares in the last quarter. TXN's profit would be $1.11 billion giving it 20.44 P/E if the $1.12 EPS is correct. Factory Mutual Ins stated it has 0.38% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Sentinel Asset Management Inc who had been investing in Texas Instruments Inc. for a number of months, seems to be less bullish one the $91.33 billion market cap company. It operates through two divisions: e-commerce and retail. Also, it has an estimated price-earnings (P/E) multiple of 21.32 and a trailing 12-month price-earnings (P/E) multiple of 22.51. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

Investors sentiment decreased to 1.1 in 2017 Q2.

Accenture plc (NYSE:ACN) has moved 1.14% over the past week and is now priced at $136.99 after moving 0.54% in the most recent session. It is negative, as 43 investors sold Texas Instruments Incorporated shares while 349 reduced holdings. The volume of 1.75 Million shares climbed down over an trading activity of 4.08 Million shares. Hudock Capital Group LLC now owns 2,003 shares of the semiconductor company's stock worth $154,000 after purchasing an additional 26 shares during the period. Texas Permanent School Fund holds 0.28% or 279,937 shares. 151,851 were accumulated by Gamble Jones Investment Counsel. Gargoyle Investment Advisor Ltd Liability invested in 0.57% or 18,800 shares. Massmutual Co Fsb Adv holds 0% or 3,926 shares. Naples Advsrs Ltd accumulated 6,975 shares or 0.19% of the stock. North Star Asset Management has invested 0.27% in Texas Instruments Incorporated (NASDAQ:TXN). Pinnacle Assoc Limited, New York-based fund reported 29,684 shares.

Shares of Texas Instruments Incorporated (NASDAQ:TXN) opened at 91.35 on Monday. Geode Cap Mngmt Limited Liability Co has 0.35% invested in Texas Instruments Incorporated (NASDAQ:TXN). A 15 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of TXN or, if they already own its stock, sell it. Therefore 55% are positive. The shares were sold at an average price of $81.91, for a total transaction of $8,632,986.36. Finally, Drexel Hamilton lifted their target price on Texas Instruments from $93.00 to $95.00 and gave the stock a "buy" rating in a report on Wednesday, July 26th. The firm earned "Hold" rating on Thursday, May 25 by Stifel Nicolaus. First Trust Advisors LP now owns 1,065,024 shares of the semiconductor company's stock valued at $74,743,000 after buying an additional 115,596 shares during the last quarter. The company was maintained on Thursday, July 23 by Cowen & Co. The rating was maintained by Jefferies on Wednesday, August 30 with "Buy". Texas Instruments (TXN)'s Williams %R presently stands at -1.90. RBC Capital Markets has "Outperform" rating and $66 target. The stock of Biogen Inc (NASDAQ:BIIB) has "Outperform" rating given on Monday, July 27 by Bernstein. Citigroup upgraded Biogen Inc (NASDAQ:BIIB) on Tuesday, February 7 to "Buy" rating.

On July 18 Barclays held the company rating at "Equal-Weight" but moved up the price target to $83.00 from $56.00. Whitaker Darla H sold $4.92 million worth of stock or 60,626 shares.

Investors sentiment increased to 1.45 in 2017 Q2. Its down 0.06, from 1.16 in 2017Q1. 159 funds opened positions while 684 raised stakes. Ubs Asset Management Americas Incorporated holds 293,328 shares. Shelton Capital Mgmt invested 1.15% of its portfolio in QUALCOMM, Inc. Rhumbline Advisers, a Massachusetts-based fund reported 133,254 shares. Advisory Networks Lc invested in 3,502 shares or 0.04% of the stock. Chemung Canal Tru owns 4,400 shares or 0.08% of their USA portfolio. Suntrust Banks holds 440,609 shares or 0.19% of its portfolio. Institutional owners hold 85.50% stake in the company while Insiders ownership held at 0.10%. Ironwood Fincl Lc holds 0.02% or 492 shares in its portfolio. 13,941 were reported by Frontier Invest Management. New York-based Tompkins Corp has invested 0% in QUALCOMM, Inc.

Since May 12, 2017, it had 1 insider purchase, and 7 selling transactions for $42.75 million activity. Another trade for 8,567 shares valued at $4.01M was made by STAHL NEIL on Wednesday, June 14.

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