Hamlin Capital Management LLC Sells 140,370 Shares of Texas Instruments Incorporated $TXN

robot
Abstract generation in progress

Hamlin Capital Management LLC significantly reduced its stake in Texas Instruments (NASDAQ:TXN) by selling 140,370 shares, decreasing its holdings by 13.6% to 890,524 shares valued at $163.6 million. This divestment comes as Texas Instruments reported Q3 earnings that slightly missed analyst expectations with an EPS of $1.27 against a $1.29 consensus, and insiders have sold off approximately 114,284 shares worth $25.5 million in recent months. Despite the share reduction by Hamlin, other institutional investors have increased their positions in TXN, and analysts have a “Hold” consensus rating with a target price of $214.77, though some have boosted price targets and given “buy” ratings.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments