Shares of Texas Instruments Incorporated (TXN) Sees Large Outflow of Money

Texas Instruments Incorporated (TXN) : The total negative money flow of $5.2 million on Wednesday indicates selling on strength. The inflow of money on upticks was $27.97 million, compared to $33.16 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.84. The negative money flow of $2.25 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $5.23 million in a block trade.The transaction value of block trade on downtick was $7.48 million. The uptick to downtick ratio was 0.7. The price action in the Texas Instruments Incorporated (TXN) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $65.51 with a gain of $0.57 , a change of 0.88% over the previous days close. The stock registered 1.02% for the week.


Also, Equity analysts at the Brokerage firm B. Riley maintains its rating on Texas Instruments Incorporated (NASDAQ:TXN). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at B. Riley raises the price target from $55 per share to $56.5 per share. The rating by the firm was issued on April 28, 2016.

Texas Instruments Incorporated (NASDAQ:TXN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $65.32 and $65.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $65.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $65.45, notching a gain of 0.79% for the day. The total traded volume was 4,744,093 . The stock had closed at $64.94 on the previous day.

The stock has recorded a 20-day Moving Average of 4.49% and the 50-Day Moving Average is 7.22%. In a related news, Crutcher Brian T, officer (Executive Vice President) of Texas Instruments Inc, unloaded 34,126 shares at an average price of $57.99 on May 16, 2016. The total amount of the transaction was worth $1,978,967, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. The Companys Analog segment includes the following product lines: High Volume Analog & Logic, Power Management, High Performance Analog and Silicon Valley Analog. The Companys Embedded Processing segment includes the following product lines: Processor, Microcontrollers and Connectivity. The Company is also engaged in smaller product lines, such as DLP products, certain custom semiconductors known as application-specific integrated circuits, calculators, baseband products, and applications processors and connectivity products. The revenues from these smaller businesses are included under the Other segment. The Company has design, manufacturing or sales operations in 35 countries.

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