Texas Instruments Incorporated (NASDAQ:TXN) registered a -1.55% decrease, still its new closing price is 61.97% up from the company’s 1 year high of 79.47.It posted 4.39% gains in previous 5 sessions and is now the subject of 18 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 36 stock analysts following this company have an average price target at $81.18, with individual PT in the $65.00-$95.00 range. The shares moved at $78.03, implying that brokerage firms see shares gaining about 55.54% in twelve months time.
Texas Instruments Incorporated (TXN) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 6.93% rise year to date. A Executive Vice President at Texas Instruments Incorporated (TXN) offloaded shares in a transaction closed on Tuesday November 15, 2016. CRUTCHER BRIAN T sold 15,000 shares in the company at $70.69 each and collected $1,060,000 in proceeds. CRUTCHER BRIAN T now owns 333,833 shares in the company after this transaction. A Sr. Vice President in the company, ANDERSON STEPHEN A., disclosed a transaction on Monday August 08, 2016 that ended up generating $7,227,000 from the sale of 103,125 shares at $70.08 per share.
Texas Instruments Incorporated (NASDAQ:TXN) Upcoming Results on Tap
Texas Instruments Incorporated will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.82 in that period. Sales during the quarter are predicted to arrive at $3.3 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.41 billion in revenue and EPS of $0.87. The mean forecast was for $3.32 billion and $0.82 a share, respectively. One quarter earlier, revenue for the stock was at $3.68 billion, with earnings at $0.94/share.
Texas Instruments Incorporated (TXN) Brokerage Update
Texas Instruments Incorporated (TXN) is in Credit Suisse’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Credit Suisse, according to news reported on Monday January 09, 2017.Another important research note was issued by Bernstein on Tuesday September 13, 2016.The firm upgraded TXN to Outperform from Mkt Perform. Over the last six months and over the last three months, the shares of Texas Instruments Incorporated (TXN), have changed 11.92% and 9.61%, respectively.