Stiles Monetary Providers Inc grew its stake in shares of Texas Devices Integrated (NASDAQ:TXN – Get Score) by 28.1% within the third quarter, in accordance with its most up-to-date Kind 13F submitting with the Securities & Trade Fee. The fund owned 12,387 shares of the semiconductor firm’s inventory after buying an extra 2,714 shares through the interval. Texas Devices accounts for 1.2% of Stiles Monetary Providers Inc’s holdings, making the inventory its twenty seventh largest place. Stiles Monetary Providers Inc’s holdings in Texas Devices had been price $1,917,000 as of its most up-to-date submitting with the Securities & Trade Fee.
→ New “Vertical” Know-how Solves Photo voltaic Energy’s Main Flaw (From Investing Developments)
Different hedge funds additionally not too long ago made modifications to their positions within the firm. Curi Wealth Administration LLC boosted its stake in Texas Devices by 10.0% within the second quarter. Curi Wealth Administration LLC now owns 618 shares of the semiconductor firm’s inventory valued at $95,000 after buying an extra 56 shares over the last quarter. Visionary Wealth Advisors elevated its stake in Texas Devices by 0.6% through the 2nd quarter. Visionary Wealth Advisors now owns 9,191 shares of the semiconductor firm’s inventory valued at $1,412,000 after buying an extra 57 shares within the final quarter. Strengthening Households & Communities LLC grew its stake in shares of Texas Devices by 3.1% within the second quarter. Strengthening Households & Communities LLC now owns 1,970 shares of the semiconductor firm’s inventory price $359,000 after buying an extra 60 shares through the interval. Schubert & Co grew its stake in shares of Texas Devices by 5.5% within the second quarter. Schubert & Co now owns 1,156 shares of the semiconductor firm’s inventory price $178,000 after buying an extra 60 shares through the interval. Lastly, Strategic Household Wealth Counselors L.L.C. grew its place in Texas Devices by 4.0% through the second quarter. Strategic Household Wealth Counselors L.L.C. now owns 1,560 shares of the semiconductor firm’s inventory valued at $240,000 after shopping for an extra 60 shares through the interval. 83.12% of the inventory is owned by institutional buyers.
Texas Devices Inventory Down 0.9 %
Shares of TXN inventory traded down $1.69 throughout buying and selling hours on Tuesday, reaching $177.32. The corporate had a buying and selling quantity of 74,782 shares, in comparison with its common quantity of 4,141,363. Texas Devices Integrated has a twelve month low of $144.46 and a twelve month excessive of $191.34. The inventory’s fifty day easy transferring common is $172.80 and its 200 day easy transferring common is $167.63. The corporate has a debt-to-equity ratio of 0.51, a fast ratio of 4.06 and a present ratio of 4.92. The corporate has a market capitalization of $160.93 billion, a P/E ratio of 18.76, a price-to-earnings-growth ratio of two.42 and a beta of 1.02.
Texas Devices (NASDAQ:TXN – Get Score) final issued its quarterly earnings information on Tuesday, October twenty fifth. The semiconductor firm reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.37 by $0.08. Texas Devices had a return on fairness of 63.68% and a internet margin of 44.21%. The agency had income of $5.24 billion through the quarter, in comparison with analyst estimates of $5.10 billion. As a bunch, sell-side analysts count on that Texas Devices Integrated will submit 9.24 earnings per share for the present fiscal 12 months.
Analyst Rankings Adjustments
Numerous analysis analysts have weighed in on the inventory. Barclays upgraded shares of Texas Devices from an “underweight” ranking to an “equal weight” ranking and set a $150.00 value goal on the inventory in a analysis report on Monday, October twenty fourth. Sanford C. Bernstein dropped their value goal on shares of Texas Devices to $145.00 in a analysis notice on Thursday, October twenty seventh. Cowen diminished their value goal on Texas Devices from $170.00 to $160.00 in a report on Wednesday, October twenty sixth. Mizuho diminished their value goal on Texas Devices from $168.00 to $159.00 and set a “impartial” ranking on the inventory in a report on Wednesday, October twenty sixth. Lastly, Morgan Stanley dropped their goal value on Texas Devices from $160.00 to $152.00 and set an “underweight” ranking for the corporate in a analysis report on Wednesday, October twenty sixth. One equities analysis analyst has rated the inventory with a promote ranking, sixteen have issued a maintain ranking and eight have issued a purchase ranking to the corporate’s inventory. In line with information from MarketBeat.com, Texas Devices has a median ranking of “Maintain” and a median value goal of $174.83.
Insiders Place Their Bets
In different Texas Devices information, VP Ahmad Bahai bought 1,109 shares of the inventory in a transaction that occurred on Friday, November eleventh. The inventory was bought at a median value of $180.01, for a complete transaction of $199,631.09. Following the transaction, the vp now owns 27,306 shares of the corporate’s inventory, valued at roughly $4,915,353.06. The transaction was disclosed in a doc filed with the SEC, which is out there at this hyperlink. In associated information, Director Janet F. Clark bought 9,990 shares of the agency’s inventory in a transaction that occurred on Wednesday, November sixteenth. The inventory was bought at a median value of $175.16, for a complete worth of $1,749,848.40. Following the sale, the director now owns 8,942 shares of the corporate’s inventory, valued at roughly $1,566,280.72. The sale was disclosed in a doc filed with the SEC, which is out there at the SEC web site. Additionally, VP Ahmad Bahai bought 1,109 shares of the agency’s inventory in a transaction that occurred on Friday, November eleventh. The inventory was bought at a median value of $180.01, for a complete worth of $199,631.09. Following the completion of the sale, the vp now instantly owns 27,306 shares within the firm, valued at roughly $4,915,353.06. The disclosure for this sale will be discovered right here. 0.54% of the inventory is at present owned by firm insiders.
Texas Devices Profile
Texas Devices Integrated designs, manufactures, and sells semiconductors to electronics designers and producers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog section provides energy merchandise to handle energy necessities in varied ranges utilizing battery-management options, DC/DC switching regulators, AC/DC and remoted controllers and converters, energy switches, linear regulators, voltage supervisors, voltage references, and lighting merchandise.
See Additionally
Wish to see what different hedge funds are holding TXN? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Texas Devices Integrated (NASDAQ:TXN – Get Score).
This prompt information alert was generated by narrative science know-how and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
Earlier than you contemplate Texas Devices, you will wish to hear this.
MarketBeat retains observe of Wall Avenue’s top-rated and finest performing analysis analysts and the shares they suggest to their shoppers each day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Texas Devices wasn’t on the record.
Whereas Texas Devices at present has a “Maintain” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.
Elon Musk’s Subsequent Transfer
Questioning while you’ll lastly be capable of put money into SpaceX, StarLink or The Boring Firm? Click on the hyperlink beneath to study when Elon Musk will let these corporations lastly IPO.
