Texas Instruments Inc. (NASDAQ: TXN) – Suitable For Long Term Buy?

Currently, there are 909.00M common shares owned by the public and among those 907.51M shares have been available to trade.

Insiders at the company have transacted a total of 11 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 5 of these insider trades were purchases, accounting for 39,979 shares. Insider sales of the common stock occurred on 6 occasions, with total insider shares sold totaling 43,417 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the script later moved the day high at 159.70, down -0.33%. The company’s stock has a 5-day price change of -2.27% and 5.42% over the past three months. TXN shares are trading -7.09% year to date (YTD), with the 12-month market performance down to -13.12% lower. It has a 12-month low price of $139.48 and touched a high of $188.12 over the same period. TXN has an average intraday trading volume of 5.93 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.55%, -3.21%, and -4.06% respectively.

Institutional ownership of Texas Instruments Inc. (NASDAQ: TXN) shares accounts for 87.09% of the company’s 909.00M shares outstanding.

It has a market capitalization of $143.96B and a beta (3y monthly) value of 1.03. The stock’s trailing 12-month PE ratio is 22.40, while the earnings-per-share (ttm) stands at $7.07. The company has a PEG of 2.24 and a Quick Ratio of 3.35 with the debt-to-equity ratio at 0.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.76% over the week and 2.00% over the month.

Earnings per share for the fiscal year are expected to decrease by -28.91%, and 27.54% over the next financial year. EPS should grow at an annualized rate of 10.00% over the next five years, compared to 4.81% over the past 5-year period.

Looking at the support for the TXN, a number of firms have released research notes about the stock. TD Cowen stated their Market Perform rating for the stock in a research note on January 24, 2024, with the firm’s price target at $145-$160.

Most Popular

Related Posts