Texas Instruments Inc (NASDAQ:TXN) shares traded 3.89% higher at $203.96 on Wall Street last session.
TXN stock price is now 8.20% away from the 50-day moving average and 3.52% away from the 200-day moving average. The market capitalization of the company currently stands at $185.67B.
With the price target of $215, Wells Fargo recently initiated with Equal Weight rating for Texas Instruments Inc (NASDAQ: TXN). , while ‘Citigroup’ rates the stock as ‘Buy’
In other news, BLINN MARK A, Director sold 6,186 shares of the company’s stock on Feb 19 ’25. The stock was sold for $1,174,646 at an average price of $189.89. Upon completion of the transaction, the Director now directly owns 11,717 shares in the company, valued at $2.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 18 ’25, Sr. Vice President Leonard Shanon J sold 2,150 shares of the business’s stock. A total of $401,241 was realized by selling the stock at an average price of $186.62. This leaves the insider owning 27,016 shares of the company worth $5.51 million. A total of 0.20% of the company’s stock is owned by insiders.
During the past 12 months, Texas Instruments Inc has had a low of $159.11 and a high of $220.38. As of last week, the company has a debt-to-equity ratio of 0.85, a current ratio of 4.12, and a quick ratio of 2.88.
The net profit margin was 30.53% and return on equity was 28.25% for TXN. The company reported revenue of $4.01 billion for the quarter, compared to $4.08 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.72 percent.
