Positive Press Coverage Somewhat Unlikely to Impact Texas Instruments (NASDAQ:TXN) Share Price
Media coverage about Texas Instruments (NASDAQ:TXN) has trended positive on Tuesday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Texas Instruments earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.9161768157667 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- Brian T. Crutcher Sells 56,866 Shares of Texas Instruments Incorporated (TXN) Stock (americanbankingnews.com)
- Texas Instruments Incorporated (TXN) Director Sells $1,093,658.28 in Stock (americanbankingnews.com)
- Insider Selling: Texas Instruments Incorporated (TXN) COO Sells 267,201 Shares of Stock (americanbankingnews.com)
- Insider Selling: Texas Instruments Incorporated (TXN) Director Sells 7,000 Shares of Stock (americanbankingnews.com)
- Haviv Ilan Sells 23,831 Shares of Texas Instruments Incorporated (TXN) Stock (americanbankingnews.com)
Texas Instruments (NASDAQ TXN) opened at $112.65 on Tuesday. Texas Instruments has a 1-year low of $74.52 and a 1-year high of $120.75. The firm has a market cap of $112,048.38, a price-to-earnings ratio of 26.63, a P/E/G ratio of 2.38 and a beta of 1.27. The company has a current ratio of 3.87, a quick ratio of 3.00 and a debt-to-equity ratio of 0.35.
The business also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Stockholders of record on Wednesday, January 31st will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Tuesday, January 30th. Texas Instruments’s payout ratio is currently 68.89%.
A number of research analysts recently commented on TXN shares. BidaskClub upgraded Texas Instruments from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 21st. Morgan Stanley upped their price target on Texas Instruments from $88.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 13th. Royal Bank of Canada restated a “buy” rating and set a $112.00 price target on shares of Texas Instruments in a research note on Thursday, January 4th. Robert W. Baird upped their price target on Texas Instruments from $85.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. Finally, Deutsche Bank upped their price objective on Texas Instruments from $80.00 to $92.00 and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Sixteen investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $109.65.
In related news, Director Pamela H. Patsley sold 7,000 shares of the business’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $110.96, for a total transaction of $776,720.00. Following the completion of the sale, the director now owns 35,296 shares of the company’s stock, valued at approximately $3,916,444.16. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Brian T. Crutcher sold 267,201 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $111.08, for a total transaction of $29,680,687.08. Following the transaction, the chief operating officer now directly owns 246,961 shares of the company’s stock, valued at $27,432,427.88. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 837,372 shares of company stock valued at $88,371,392. Insiders own 0.96% of the company’s stock.
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About Texas Instruments
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.
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