Texas Instruments Inc (TXN): Brian T Crutcher , Executive Vice President of Texas Instruments Inc sold 34,126 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $57.99 per share for a total value of $1,978,977.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Brian T Crutcher (Executive Vice President) sold 34,126 shares at $57.04 per share price.On May 13, 2016, Christine Todd Whitman (director) sold 7,000 shares at $57.74 per share price.Also, On May 10, 2016, Kevin J Ritchie (Sr. Vice President) sold 155,249 shares at $57.05 per share price.On May 3, 2016, Richard K Templeton (Chairman, President & CEO) sold 934,461 shares at $57.37 per share price.
Shares of Texas Instruments Incorporated (TXN) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.78 points or -1.34% at $57.23 with 43,26,540 shares getting traded. Post opening the session at $57.54, the shares hit an intraday low of $56.79 and an intraday high of $57.88 and the price vacillated in this range throughout the day. The company has a market cap of $57,472 M and the number of outstanding shares has been calculated to be 1,00,42,26,910 shares. The 52-week high of Texas Instruments Incorporated is $60.6 and the 52-week low is $43.49.
Company has been under the radar of several Street Analysts.Texas Instruments Incorporated is Initiated by Credit Agricole to Underperform and the brokerage firm has set the Price Target at $60. The Rating was issued on May 17, 2016.Texas Instruments Incorporated is Reiterated by Drexel Hamilton to Buy and the brokerage firm has raised the Price Target to $ 71 from a previous price target of $64 .The Rating was issued on Apr 28, 2016.Texas Instruments Incorporated is Reiterated by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 60 from a previous price target of $56 .The Rating was issued on Apr 28, 2016.Texas Instruments Incorporated is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 68 from a previous price target of $65 .The Rating was issued on Apr 28, 2016.Texas Instruments Incorporated is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 65 from a previous price target of $63 .The Rating was issued on Apr 28, 2016.
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.