Texas Instruments Incorporated’s Stock Is Sell After Today’s Bearish Options Activity

 Texas Instruments Incorporated's Stock Is Sell After Today's Bearish Options Activity

In today’s session Texas Instruments Incorporated (TXN) recorded an unusually high (176) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious TXN decrease. With 176 contracts traded and 54154 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: TXN170120P00057500 closed last at: $0.59 or 31.1% up. About 1.63 million shares traded hands. Texas Instruments Incorporated (NASDAQ:TXN) has risen 17.14% since April 5, 2016 and is uptrending. It has outperformed by 15.18% the S&P500.

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. Texas Instruments has been the topic of 42 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Ascendiant Capital Markets maintained the stock with “Buy” rating in Thursday, July 23 report. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Buy” rating given on Thursday, October 22 by Charter Equity. The firm has “Outperform” rating given on Tuesday, December 15 by Oppenheimer. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Market Perform” rating given on Thursday, April 28 by Cowen & Co. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Outperform” rating given on Tuesday, September 13 by Bernstein. As per Thursday, October 22, the company rating was maintained by UBS. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, October 22 report. The rating was upgraded by Bank of America to “Buy” on Tuesday, July 26. Cowen & Co maintained it with “Market Perform” rating and $73 target price in Thursday, October 27 report. Sterne Agee CRT initiated Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, September 9 with “Buy” rating.

According to Zacks Investment Research, “Texas Instruments, Inc. is a global semiconductor company and one of the world’s leading designers and suppliers of digital signal processors and analog integrated circuits, the engines driving the digitization of electronics. These two types of semiconductor products work together in digital electronic devices such as digital cellular phones. Other semiconductor products include standard logic, application- specific integrated circuits, reduced instruction-set computing microprocessors, microcontrollers and digital imaging devices.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.01, from 1 in 2016Q1. The ratio worsened, 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.
Westport Management Incorporated reported 2,350 shares or 0.05% of all its holdings. Parsons Inc Ri has invested 0.06% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Moreover, Skba Mgmt Limited Com has 1% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 172,700 shares. Qs Invsts Limited Liability holds 0.17% or 310,916 shares in its portfolio. Cibc Ww Mkts Inc reported 58,255 shares or 0.02% of all its holdings. Cap Guardian Trust Company, a California-based fund reported 1.90 million shares. Roanoke Asset Mngmt Corp Ny owns 27,872 shares or 0.81% of their US portfolio. Moreover, Tortoise Inv Mgmt has 0.04% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 2,000 shares. Bradley Foster Sargent Incorporated Ct holds 0.11% or 40,931 shares in its portfolio. Moreover, Independent Portfolio Consultants Inc has 0.02% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 940 shares. Brandywine Glob Invest Mngmt Limited Co, a Pennsylvania-based fund reported 183,272 shares. Joel Isaacson Ltd Limited Liability Company accumulated 0.01% or 528 shares. Lyons Wealth Mgmt Limited Liability Corporation, a Florida-based fund reported 13,212 shares. Benjamin F Edwards Com accumulated 96 shares or 0% of the stock. Veritable Limited Partnership, a Pennsylvania-based fund reported 29,076 shares.

Insider Transactions: Since May 9, 2016, the stock had 0 insider purchases, and 12 sales for $76.90 million net activity. 11,565 shares were sold by XIE BING, worth $799,410 on Tuesday, August 2. ANDERSON STEPHEN A. also sold $7.23M worth of Texas Instruments Incorporated (NASDAQ:TXN) on Monday, August 8. 115,625 shares were sold by CRUTCHER BRIAN T, worth $6.60 million. $4.36M worth of Texas Instruments Incorporated (NASDAQ:TXN) was sold by RITCHIE KEVIN J on Wednesday, July 27. 20,506 shares were sold by TROCHU CYNTHIA HOFF, worth $1.45 million on Wednesday, July 27. DELAGI R GREGORY sold $3.50 million worth of stock. Whitaker Darla H had sold 160,403 shares worth $11.39M.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The company has a market cap of $69.49 billion. The Firm operates through two divisions: Analog and Embedded Processing. It has a 22 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).

TXN Company Profile

Texas Instruments Incorporated, incorporated on December 23, 1938, designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Firm operates through two divisions: Analog and Embedded Processing. The Firm has design, manufacturing or sales activities in over 30 countries.

More important recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Profitconfidential.com which released: “Texas Instruments Stock: Price Support for TXN Stock Is Found Here” on November 07, 2016, also Nasdaq.com published article titled: “Texas Instruments Incorporated (TXN) Ex-Dividend Date Scheduled for November …”, Etfdailynews.com published: “Texas Instruments Boosts Dividend 32% as Q3 Results Top Expectations” on October 26, 2016. More interesting news about Texas Instruments Incorporated (NASDAQ:TXN) was released by: Etfdailynews.com and their article: “Is Texas Instruments The Perfect Dividend Growth Play?” with publication date: October 25, 2016.

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