Hard Facts About Texas Instruments Inc. (NASDAQ:TXN)

Mae Love
January 13, 2018

151.85 million shares or 0.71% less from 152.94 million shares in 2017Q2 were reported. About 6.32M shares traded. Bank of New York Mellon Corp boosted its stake in Marvell Technology Group by 8.1% in the 2nd quarter.

The counter witnessed a trading volume of 0.38 million shares versus an average volume of 0.34 million shares during last trading session. Another trade for 5,001 shares valued at $255,051 was sold by Casey Diane S. SHEA JOHN CHRISTOPHER had sold 4,750 shares worth $247,000. UBS Asset Management Americas Inc. now owns 8,901,332 shares of the semiconductor company's stock worth $147,050,000 after buying an additional 195,985 shares during the last quarter. It has outperformed by 41.94% the S&P500.

Panagora Asset Management Inc increased its stake in Marvell Technology Group Ltd (MRVL) by 145.49% based on its latest 2017Q3 regulatory filing with the SEC. The stock was trading at a distance of -4.42% from its 52-week highs and stands 67.39% away from its 52-week lows. Kingdon Capital Management Llc sold 398,131 shares as Marvell Technology Group Ltd (MRVL)'s stock rose 1.27%. The stock increased 1.85% or $1.44 during the last trading session, reaching $79.68. The insider DOVE TIMOTHY L sold 1,000 shares worth $159,505.

Marvell Technology Group (NASDAQ:MRVL) last announced its quarterly earnings results on Tuesday, November 28th. It has outperformed by 47.84% the S&P500. Wall Street is only getting more bullish on the stock, with 15 of analysts who cover MRVL having a buy-equivalent rating. Therefore 75% are positive. Twenty-First Century Fox Inc had 95 analyst reports since August 6, 2015 according to SRatingsIntel. The company has a market capitalization of $7.66 billion, a PE ratio of 73.25 and a beta of 1.15. The legal version of this piece of content can be accessed at https://www.truebluetribune.com/2018/01/10/marvell-technology-group-mrvl-earns-overweight-rating-from-analysts-at-piper-jaffray-companies.html. Citigroup upgraded the shares of MRVL in report on Tuesday, November 7 to "Neutral" rating. Credit Suisse has "Buy" rating and $2200 target. The rating was downgraded by Needham on Monday, September 14 to "Hold". The stock has "Mkt Perform" rating by Raymond James on Wednesday, November 30. The rating was upgraded by Benchmark to "Buy" on Monday, November 20. Deutsche Bank maintained FCB Financial Holdings, Inc. The firm earned "Overweight" rating on Tuesday, June 20 by Pacific Crest. According to the Analysts, the Low Earnings estimate for the current quarter is $0.27, while the High earnings estimate is $0.32.Comparatively, EPS for the same quarter previous year was $0.24. FCB's profit will be $32.46 million for 18.51 P/E if the $0.74 EPS becomes a reality.

Texas Instruments Incorporated (TXN) Position Cut by Nisa Investment Advisors LLC
Acrospire Investment Management LLC boosted its stake in shares of Texas Instruments by 55.6% during the 2nd quarter. Arclight Capital Partners Llc holds 13.3% of its portfolio in Transmontaigne Partners L.P. for 3.17 million shares.

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Several analysts are forecasting growth estimate of Marvell Technology Group Ltd. for the current quarter to be 40.9%. It also upped Adtalem Global Ed Inc stake by 17,000 shares and now owns 142,047 shares. Clovis Oncology Inc (NASDAQ:CLVS) was raised too.

Investors sentiment decreased to 1.1 in Q3 2017. This represents a $0.24 dividend on an annualized basis and a yield of 1.04%.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. 80 funds opened positions while 135 raised stakes. Can now owns 245,071 shares of the semiconductor company's stock worth $4,394,000 after buying an additional 21,668 shares in the last quarter. Envestnet Asset Mngmt, Illinois-based fund reported 2,588 shares. Churchill Management Corporation owns 42,685 shares or 0.11% of their United States portfolio. (NASDAQ:HCSG). Pinebridge Lp has invested 0.01% in Healthcare Services Group, Inc. Etrade Management Lc stated it has 37,845 shares or 0.02% of all its holdings. Parkside Fincl Bank And Tru, a Missouri-based fund reported 57 shares. Fjarde Ap invested in 0.04% or 126,303 shares. Adi Cap Mngmt Lc stated it has 2.03% in FCB Financial Holdings, Inc. Yhb Invest reported 18,170 shares. Paradigm Mngmt holds 0.18% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL) for 113,725 shares. Pnc Serv Incorporated invested in 1,808 shares or 0% of the stock. The institutional investor held 6,315 shares of the consumer services company at the end of 2017Q3, valued at $407,000, down from 33,430 at the end of the previous reported quarter. Ameriprise Finance has invested 0% in FCB Financial Holdings, Inc. Engineers Gate Manager Ltd Partnership reported 0.03% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Therefore 92% are positive. The other 15, though not evenly; between analysts who think you should buy Marvell Technology Group Ltd. versus those who think you should sell it. Clearline Capital LP invested 4.83% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL). Jefferies maintained Marvell Technology Group Ltd. (NASDAQ:MRVL) on Monday, September 14 with "Hold" rating. The company presently has an average rating of "Buy" and an average price target of $23.92. The stock of Pioneer Natural Resources Company (NYSE:PXD) earned "Buy" rating by Societe Generale on Wednesday, February 8.

In related news, major shareholder Sehat Sutardja sold 474,771 shares of the firm's stock in a transaction that occurred on Wednesday, October 18th. On Monday, October 16 the stock rating was maintained by Robert W. Baird with "Buy". The shares were sold at an average price of $14.48, for a total value of $2,622,834.80.

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