Could Texas Instruments Incorporated See a Reversal After Today’s Strong Options Activity?

 Could Texas Instruments Incorporated See a Reversal After Today's Strong Options Activity?

In today’s session Texas Instruments Incorporated (TXN) registered an unusually high (909) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TXN increase. With 909 contracts traded and 47164 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TXN170120C00075000 closed last at: $0.9 or 10.9% down. About 1.14 million shares traded hands. Texas Instruments Incorporated (NASDAQ:TXN) has risen 22.27% since April 18, 2016 and is uptrending. It has outperformed by 17.84% 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. The firm has “Market Perform” rating by Cowen & Co given on Thursday, October 27. As per Friday, December 18, the company rating was downgraded by Bernstein. RBC Capital Markets maintained Texas Instruments Incorporated (NASDAQ:TXN) on Thursday, October 22 with “Outperform” rating. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Neutral” rating given on Thursday, October 22 by B. Riley & Co. RBC Capital Markets maintained Texas Instruments Incorporated (NASDAQ:TXN) on Tuesday, January 12 with “Outperform” rating. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Neutral” rating by B. Riley & Co on Thursday, April 28. The rating was maintained by Mizuho with “Neutral” on Thursday, October 27. The company was initiated on Monday, August 3 by RBC Capital Markets. The rating was upgraded by Charter Equity to “Buy” on Thursday, October 22. The stock has “Neutral” rating given by Mizuho on Tuesday, January 19.

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 0.94 in 2016 Q2. Its down 0.05, from 0.99 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.
Paradigm Asset Management Llc holds 0% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 75,259 shares. Bokf Na holds 0.32% or 146,691 shares in its portfolio. Catalyst Capital Advsrs reported 75,276 shares or 0.87% of all its holdings. Clearbridge Invests Limited has invested 0.63% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Calvert Inv Mgmt, a Maryland-based fund reported 51,987 shares. Deere And has invested 0.29% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Dana Invest Advisors Inc last reported 10,551 shares in the company. Adage Ptnrs Gp Limited Liability Company has invested 0.2% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Hightower Ltd Liability Corporation holds 0.16% or 205,901 shares in its portfolio. Kings Point, a New York-based fund reported 395 shares. The West Virginia-based Security Natl Trust has invested 0.1% in Texas Instruments Incorporated (NASDAQ:TXN). Moreover, Capital Ww Invsts has 1.11% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 65.45M shares. First Allied Advisory Serv reported 11,256 shares or 0.04% of all its holdings. Sadoff Inv Mngmt Ltd has invested 3.71% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Nationwide Fund Advisors accumulated 833,086 shares or 0.23% of the stock.

Insider Transactions: Since July 27, 2016, the stock had 0 insider purchases, and 12 insider sales for $76.01 million net activity. $799,410 worth of Texas Instruments Incorporated (NASDAQ:TXN) shares were sold by XIE BING. $3.50M worth of shares were sold by DELAGI R GREGORY on Friday, July 29. CRUTCHER BRIAN T sold $12.73M worth of Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, July 27. The insider WEST TERESA L sold 195,000 shares worth $13.79 million. TROCHU CYNTHIA HOFF sold $1.45M worth of stock. Whitaker Darla H had sold 160,403 shares worth $11.39M. 61,499 shares were sold by RITCHIE KEVIN J, worth $4.36M on Wednesday, July 27.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The company has a market cap of $73.27 billion. The Firm operates through two divisions: Analog and Embedded Processing. It has a 23 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: Nasdaq.com which released: “Texas Instruments Incorporated (TXN) Ex-Dividend Date Scheduled for November …” on November 02, 2016, also Profitconfidential.com published article titled: “Texas Instruments Stock: Price Support for TXN Stock Is Found Here”, 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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