Today Texas Instruments Incorporated Had High Bearish Options Activity

 Today Texas Instruments Incorporated Had High Bearish Options Activity

In today’s session Texas Instruments Incorporated (TXN) recorded an unusually high (225) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the April, 2017 put, expecting serious TXN decrease. With 225 contracts traded and 1524 open interest for the Apr, 17 contract, it seems this is a quite bearish bet. The option with symbol: TXN170421P00060000 closed last at: $0.77 or 2.7% up. About 2.05M shares traded hands. Texas Instruments Incorporated (NASDAQ:TXN) has risen 26.11% since April 25, 2016 and is uptrending. It has outperformed by 20.10% the S&P500.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on January, 25. They expect $0.81 EPS, up 14.08% or $0.10 from last year’s $0.71 per share. TXN’s profit will be $813.69M for 23.05 P/E if the $0.81 EPS becomes a reality. After $0.94 actual EPS reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts -13.83% negative 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. Texas Instruments has been the topic of 42 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Underperform” rating by CLSA on Tuesday, July 26. The company was maintained on Friday, July 1 by RBC Capital Markets. The firm earned “Outperform” rating on Tuesday, April 19 by Raymond James. As per Tuesday, December 15, the company rating was upgraded by Oppenheimer. On Tuesday, May 17 the stock rating was initiated by CLSA with “Underperform”. On Monday, August 10 the stock rating was upgraded by Macquarie Research to “Neutral”. The rating was downgraded by Goldman Sachs to “Sell” on Wednesday, February 3. Ascendiant Capital Markets maintained it with “Buy” rating and $60 target price in Thursday, July 23 report. The stock has “Hold” rating given by Drexel Hamilton on Friday, August 7. RBC Capital Markets maintained the shares of TXN in a report on Friday, October 2 with “Outperform” 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 0.94 in Q2 2016. Its down 0.05, from 0.99 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.
Shufro Rose & Ltd Liability Corp has 367,828 shares for 2.55% of their US portfolio. High Point Commercial Bank Com last reported 0.03% of its portfolio in the stock. Ckw Fincl Grp holds 175 shares or 0% of its portfolio. Texas Permanent School Fund last reported 325,813 shares in the company. Korea Invest Corporation holds 397,100 shares or 0.15% of its portfolio. Teachers Retirement System Of The State Of Kentucky, a Kentucky-based fund reported 130,900 shares. Citadel Advsrs Ltd Company last reported 26,164 shares in the company. Sumitomo Mitsui Trust has 2.87 million shares for 0.31% of their US portfolio. Price T Rowe Assoc Md has 0.26% invested in the company for 19.87M shares. Ameritas Investment Partners has 37,576 shares for 0.15% of their US portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Corp has 264,400 shares for 0.19% of their US portfolio. Amalgamated Retail Bank reported 89,813 shares or 0.36% of all its holdings. Raymond James And Associates holds 900,528 shares or 0.18% of its portfolio. First American Bankshares last reported 0.07% of its portfolio in the stock. Private Advisor Group Inc Lc owns 19,460 shares or 0.05% of their US portfolio.

Insider Transactions: Since July 27, 2016, the stock had 0 insider buys, and 12 selling transactions for $76.01 million net activity. Whitaker Darla H sold $11.39 million worth of stock or 160,403 shares. MARCH KEVIN P also sold $15.17M worth of Texas Instruments Incorporated (NASDAQ:TXN) shares. Shares for $589,850 were sold by XIE BING on Friday, July 29. DELAGI R GREGORY had sold 50,000 shares worth $3.50M. WEST TERESA L sold $13.79 million worth of stock or 195,000 shares. On Tuesday, November 15 CRUTCHER BRIAN T sold $1.06M worth of the stock or 15,000 shares. ANDERSON STEPHEN A. sold $7.23M worth of stock or 103,125 shares.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The company has a market cap of $75.02 billion. The Firm operates through two divisions: Analog and Embedded Processing. It has a 23.72 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 news for Texas Instruments Incorporated (NASDAQ:TXN) were recently published by: Profitconfidential.com, which released: “Texas Instruments Incorporated: A Moon Shot with TXN Stock” on November 22, 2016. Nasdaq.com‘s article titled: “Texas Instruments Incorporated (TXN) Ex-Dividend Date Scheduled for November …” and published on November 02, 2016 is yet another important article.

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