Large Inflow of Money Detected in Texas Instruments Incorporated

Texas Instruments Incorporated (TXN) : Texas Instruments Incorporated (TXN) had a healthy money flow of $27.3 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $64.8 million, whereas, investors only sold shares worth $37.5 million on downticks. The stock closed the day with an up-down ratio of 1.73.The money flow in the block trades to the tune of $27.45 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $35.34 million worth of transactions were on upticks. A paltry $7.89 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 4.48. Texas Instruments Incorporated (TXN) stock slid $0.67 intraday and traded at 69.31, a change of -0.96% over previous days close. However, for the week, the company shares are -0.63% compared to previous weeks close.


Also, Major Brokerage house, Exane BNP Paribas upgrades its ratings on Texas Instruments Incorporated (NASDAQ:TXN). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on August 4, 2016.

Texas Instruments Inc. has lost 0.96% in the last five trading days and dropped 0.82% in the last 4 weeks. Texas Instruments Inc. is up 14.1% in the last 3-month period. Year-to-Date the stock performance stands at 28.91%.

Texas Instruments Incorporated (NASDAQ:TXN): The stock opened at $70.00 on Tuesday but the bulls could not build on the opening and the stock topped out at $70.20 for the day. The stock traded down to $69.09 during the day, due to lack of any buying support eventually closed down at $69.31 with a loss of -0.96% for the day. The stock had closed at $69.98 on the previous day. The total traded volume was 4,382,751 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Sr. Vice President) of Texas Instruments Inc, Anderson Stephen A. had sold 103,125 shares worth of $7,227,000 in a transaction dated August 8, 2016. In this transaction, 103,125 shares were sold at $70.08 per share.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.