Texas Instruments Incorporated (NASDAQ:TXN) has tumbled 0.47% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.28% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.73% and the outperformance has advanced to 4.32% for the last 4 weeks period.
Texas Instruments Incorporated (NASDAQ:TXN): The stock opened at $62.08 on Friday but the bulls could not build on the opening and the stock topped out at $62.13 for the day. The stock traded down to $60.90 during the day, due to lack of any buying support eventually closed down at $61.62 with a loss of -0.71% for the day. The stock had closed at $62.06 on the previous day. The total traded volume was 6,101,304 shares.
The company shares have rallied 13.04% from its 1 Year high price. On Jun 13, 2016, the shares registered one year high at $62.31 and the one year low was seen on Aug 25, 2015. The 50-Day Moving Average price is $59.40 and the 200 Day Moving Average price is recorded at $56.10.
On the companys insider trading activities, The officer (Executive Vice President), of Texas Instruments Inc, Crutcher Brian T had unloaded 34,126 shares at $57.99 per share in a transaction on May 16, 2016. The total value of transaction was $1,978,967. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. B. Riley maintains its view on Texas Instruments Incorporated (NASDAQ:TXN) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. B. Riley raises the price target from $55 per share to $56.5 per share on Texas Instruments Incorporated. The rating by the firm was issued on April 28, 2016. Currently the company Insiders own 1.02% of Texas Instruments Incorporated shares according to the proxy statements. Institutional Investors own 87.21% of Texas Instruments Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -5.87%.
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.