In Wednesday’s Wall Street session, Texas Instruments Inc (NASDAQ:TXN) shares traded at $195.57, up 0.37% from the previous session.
TXN stock price is now 3.11% away from the 50-day moving average and -0.99% away from the 200-day moving average. The market capitalization of the company currently stands at $178.03B.
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, TEMPLETON RICHARD K, Chairman sold 97,000 shares of the company’s stock on Feb 27 ’25. The stock was sold for $18,960,307 at an average price of $195.47. Upon completion of the transaction, the Chairman now directly owns 409,089 shares in the company, valued at $80.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 28 ’25, Chairman TEMPLETON RICHARD K sold 4,557 shares of the business’s stock. A total of $885,021 was realized by selling the stock at an average price of $194.21. This leaves the insider owning 409,089 shares of the company worth $80.01 million. A total of 0.17% 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.
