Nation Membership Financial institution lowered its stake in shares of Texas Devices Integrated (NASDAQ:TXN – Free Report) by 0.6% throughout the third quarter, in response to its most up-to-date disclosure with the Securities and Trade Fee. The agency owned 8,277 shares of the semiconductor firm’s inventory after promoting 53 shares throughout the quarter. Nation Membership Financial institution’s holdings in Texas Devices had been value $1,731,000 as of its most up-to-date submitting with the Securities and Trade Fee.
Different giant buyers have additionally modified their holdings of the corporate. Tsfg LLC elevated its holdings in Texas Devices by 82.0% within the third quarter. Tsfg LLC now owns 182 shares of the semiconductor firm’s inventory valued at $38,000 after shopping for an extra 82 shares over the last quarter. Tradewinds Capital Administration LLC grew its holdings in shares of Texas Devices by 71.1% throughout the first quarter. Tradewinds Capital Administration LLC now owns 243 shares of the semiconductor firm’s inventory value $42,000 after buying an extra 101 shares over the last quarter. McClarren Monetary Advisors Inc. bought a brand new place in shares of Texas Devices throughout the third quarter value about $43,000. Friedenthal Monetary bought a brand new place in shares of Texas Devices throughout the second quarter value about $50,000. Lastly, Beacon Capital Administration LLC grew its holdings in shares of Texas Devices by 42.1% throughout the first quarter. Beacon Capital Administration LLC now owns 331 shares of the semiconductor firm’s inventory value $58,000 after buying an extra 98 shares over the last quarter. Hedge funds and different institutional buyers personal 84.99% of the corporate’s inventory.
Analysts Set New Value Targets
A number of equities analysts have issued experiences on the corporate. Citigroup raised Texas Devices from a “impartial” ranking to a “purchase” ranking and raised their worth goal for the inventory from $200.00 to $235.00 in a report on Wednesday, August twenty first. Truist Monetary dropped their worth goal on Texas Devices from $198.00 to $190.00 and set a “maintain” ranking on the inventory in a report on Wednesday. Benchmark reiterated a “purchase” ranking and set a $230.00 goal worth on shares of Texas Devices in a analysis word on Wednesday. Robert W. Baird decreased their goal worth on shares of Texas Devices from $200.00 to $175.00 and set a “impartial” ranking for the corporate in a analysis word on Wednesday. Lastly, Rosenblatt Securities reiterated a “purchase” ranking and set a $250.00 goal worth on shares of Texas Devices in a analysis word on Wednesday. Three analysis analysts have rated the inventory with a promote ranking, eleven have given a maintain ranking and 9 have assigned a purchase ranking to the corporate. In line with information from MarketBeat.com, the inventory presently has a median ranking of “Maintain” and a consensus goal worth of $206.95.
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Insider Transactions at Texas Devices
In different information, CAO Julie C. Knecht offered 7,764 shares of the agency’s inventory in a transaction that occurred on Friday, August twenty third. The shares had been offered at a median worth of $209.49, for a complete transaction of $1,626,480.36. Following the completion of the transaction, the chief accounting officer now instantly owns 11,806 shares of the corporate’s inventory, valued at $2,473,238.94. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is on the market at this hyperlink. In different Texas Devices information, CAO Julie C. Knecht offered 7,764 shares of Texas Devices inventory in a transaction that occurred on Friday, August twenty third. The shares had been offered at a median worth of $209.49, for a complete worth of $1,626,480.36. Following the completion of the sale, the chief accounting officer now instantly owns 11,806 shares of the corporate’s inventory, valued at roughly $2,473,238.94. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by means of this hyperlink. Additionally, VP Mohammad Yunus offered 3,778 shares of Texas Devices inventory in a transaction that occurred on Monday, August twenty sixth. The inventory was offered at a median worth of $208.90, for a complete transaction of $789,224.20. Following the completion of the sale, the vice chairman now instantly owns 28,894 shares of the corporate’s inventory, valued at $6,035,956.60. The commerce was a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Insiders offered a complete of 15,558 shares of firm inventory valued at $3,255,323 within the final ninety days. Company insiders personal 0.68% of the corporate’s inventory.
Texas Devices Value Efficiency
TXN inventory opened at $206.93 on Friday. The agency has a 50 day transferring common of $203.65 and a 200-day transferring common of $195.48. Texas Devices Integrated has a 12-month low of $139.48 and a 12-month excessive of $214.66. The corporate has a present ratio of 4.62, a fast ratio of three.49 and a debt-to-equity ratio of 0.75. The corporate has a market cap of $188.41 billion, a price-to-earnings ratio of 32.28, a PEG ratio of 4.22 and a beta of 0.98.
Texas Devices (NASDAQ:TXN – Get Free Report) final issued its quarterly earnings information on Tuesday, October twenty second. The semiconductor firm reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.09. Texas Devices had a web margin of 31.60% and a return on fairness of 29.15%. The enterprise had income of $4.15 billion throughout the quarter, in comparison with analysts’ expectations of $4.12 billion. Throughout the identical interval final yr, the corporate posted $1.80 EPS. The corporate’s income was down 8.4% on a year-over-year foundation. As a bunch, equities analysts count on that Texas Devices Integrated will submit 5.11 EPS for the present fiscal yr.
Texas Devices Will increase Dividend
The agency additionally lately disclosed a quarterly dividend, which can be paid on Tuesday, November twelfth. Stockholders of document on Thursday, October thirty first can be paid a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized foundation and a dividend yield of two.63%. This can be a enhance from Texas Devices’s earlier quarterly dividend of $1.30. The ex-dividend date of this dividend is Thursday, October thirty first. Texas Devices’s dividend payout ratio (DPR) is 84.87%.
About Texas Devices
Texas Devices Integrated designs, manufactures, and sells semiconductors to electronics designers and producers in america and internationally. The corporate operates by means of Analog and Embedded Processing segments. The Analog phase gives energy merchandise to handle energy necessities throughout varied voltage ranges, together with battery-management options, DC/DC switching regulators, AC/DC and remoted controllers and converters, energy switches, linear regulators, voltage references, and lighting merchandise.
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