How Analysts Feel About Texas Instruments Incorporated After Today’s Bullish Options Activity?

 How Analysts Feel About Texas Instruments Incorporated After Today's Bullish Options Activity?

In today’s session Texas Instruments Incorporated (TXN) registered an unusually high (457) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious TXN increase. With 457 contracts traded and 8784 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: TXN161118C00072500 closed last at: $1.22 or 10.9% up. About 4.09M shares traded hands. Texas Instruments Incorporated (NASDAQ:TXN) has risen 28.48% since March 1, 2016 and is uptrending. It has outperformed by 19.23% the S&P500.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on October, 19. They expect $0.86 earnings per share, up 13.16% or $0.10 from last year’s $0.76 per share. TXN’s profit will be $856.54 million for 20.23 P/E if the $0.86 EPS becomes a reality. After $0.76 actual earnings per share reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 13.16% EPS growth.

Texas Instruments Incorporated (NASDAQ:TXN) Ratings Coverage

Out of 22 analysts covering Texas Instruments (NASDAQ:TXN), 11 rate it a “Buy”, 2 “Sell”, while 9 “Hold”. This means 50% are positive. $80 is the highest target while $44 is the lowest. The $59.55 average target is -14.42% below today’s ($69.58) stock price. Texas Instruments has been the topic of 40 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Hold” rating given on Friday, August 7 by Drexel Hamilton. Cowen & Co maintained it with “Market Perform” rating and $56 target price in Thursday, January 28 report. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Market Perform” rating given on Thursday, July 23 by Cowen & Co. The firm earned “Outperform” rating on Tuesday, April 19 by Raymond James. The firm earned “Outperform” rating on Tuesday, September 13 by Bernstein. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Market Perform” rating given on Tuesday, July 26 by Bernstein. The company was upgraded on Thursday, October 22 by Charter Equity. On Wednesday, February 3 the stock rating was downgraded by Goldman Sachs to “Sell”. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Outperform” rating by RBC Capital Markets on Thursday, April 28. The stock has “Outperform” rating given by Oppenheimer on Tuesday, December 15.

Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.01, from 1 in 2016Q1. The ratio dropped, as 60 funds sold all Texas Instruments Incorporated shares owned while 299 reduced positions. 57 funds bought stakes while 298 increased positions. They now own 856.58 million shares or 0.73% less from 862.92 million shares in 2016Q1.
Acadian Asset Management Limited Liability Co has invested 0% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Appleton Partners Ma holds 17,448 shares or 0.22% of its portfolio. Van Strum And Towne reported 14,800 shares or 0.62% of all its holdings. Ww Asset has 101,643 shares for 0.24% of their US portfolio. Boston Family Office Ltd Co has invested 0.03% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Thrivent For Lutherans accumulated 1.33 million shares or 0.4% of the stock. Notis holds 0.18% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 4,100 shares. Commonwealth State Bank Of Australia owns 90,070 shares or 0.07% of their US portfolio. Virtu Fincl Limited Company holds 0.05% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 5,656 shares. Telemus Cap Limited Co holds 0.42% or 53,705 shares in its portfolio. Focused Wealth Mngmt has invested 0% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Neuberger Berman Grp Inc Ltd Liability holds 5.89 million shares or 0.51% of its portfolio. Summit Fin Wealth has 0.49% invested in the company for 18,693 shares. Jensen Inc last reported 7,110 shares in the company. Dupont Capital Management reported 299,408 shares or 0.42% of all its holdings.

Insider Transactions: Since April 29, 2016, the stock had 0 insider purchases, and 17 insider sales for $146.77 million net activity. Shares for $15.17M were sold by MARCH KEVIN P on Wednesday, July 27. $6.60M worth of shares were sold by CRUTCHER BRIAN T on Monday, May 9. On Monday, May 9 RITCHIE KEVIN J sold $8.86M worth of the stock or 155,249 shares. XIE BING had sold 11,565 shares worth $799,410 on Tuesday, August 2. TROCHU CYNTHIA HOFF also sold $1.45M worth of Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, July 27. The insider ANDERSON STEPHEN A. sold $7.23M. 7,000 Texas Instruments Incorporated (NASDAQ:TXN) shares with value of $404,188 were sold by WHITMAN CHRISTINE TODD.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The company has a market cap of $69.30 billion. The Firm operates through two divisions: Analog and Embedded Processing. It has a 23.45 P/E ratio. The Company’s Analog segment’s product line includes High Volume Analog & Logic , Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA).

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