Texas Instruments (NASDAQ:TXN) Stock, Quote.Headers.trade-ideas

Texas Instruments

Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

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Investors are anticipating the first cut to the federal funds rate in over four years at the September FOMC meeting. The market is divided on the magnitude of the cut, which could trigger significant reactions. Goldman Sachs data reveals the top S&amp;P 500 stocks to watch during Fed easing cycles.

20 S&amp;P 500 Stocks That Move The Most When The Fed Starts Cutting Interest Rates

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Texas Instruments Incorporated - Common Stock

Texas Instruments Inc

TXNM Energy Inc

Investors are on edge in the lead-up to the Wednesday Federal Open Market Committee interest rate decision that is expected to deliver the first cut to the federal funds rate <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40921827/fed-decision-is-here-5-things-investors-need-to-know-ahead-of-wednesdays-pivotal-in">in over four years.</a>
The market is divided on the magnitude of the anticipated rate cut. Traders are assigning a 59% probability to a 50-basis-point cut, while a 41% chance is placed on a more modest 25-basis-point reduction. The size of the rate cut is crucial as it could trigger significant market reactions.
Should the Fed opt for a 50-basis-point cut, it may be perceived as an acknowledgment that interest rates are overly restrictive. This could lead to increased expectations for further rate cuts in the coming months, potentially fueling risk sentiment and driving stock prices higher.
Conversely, a 25-basis-point cut might disappoint investors who are betting on a more aggressive measure.
Since the start of 2022, the S&amp;P 500, tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), has experienced an average move of plus or minus 1.3% during FOMC events, reflecting the market&#8217;s high sensitivity to Fed policy decisions.
Goldman Sachs equity analysts, including John Marshall, analyzed stock movements during the first rate cuts in the previous three Fed easing cycles (Sept. 18, 2007, July 31, 2019 and March 3, 2020).
The data highlights the average moves of several key S&amp;P 500 stocks with liquid options during these periods.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Rank</th>
<th>Name</th>
<th>Absolute Average Move</th>
</tr>
</thead>
<tbody>
<tr>
<td>1</td>
<td>Caesars Entertainment Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>)</td>
<td>5.9%</td>
</tr>
<tr>
<td>2</td>
<td>Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>5.5%</td>
</tr>
<tr>
<td>3</td>
<td>Capital One Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>)</td>
<td>4.6%</td>
</tr>
<tr>
<td>4</td>
<td>Charles Schwab Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>)</td>
<td>4.6%</td>
</tr>
<tr>
<td>5</td>
<td>Mastercard Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>)</td>
<td>4.5%</td>
</tr>
<tr>
<td>6</td>
<td>Fortinet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>)</td>
<td>4.3%</td>
</tr>
<tr>
<td>7</td>
<td>Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>)</td>
<td>4.2%</td>
</tr>
<tr>
<td>8</td>
<td>American Express Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)</td>
<td>3.8%</td>
</tr>
<tr>
<td>9</td>
<td>Newmont Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>3.7%</td>
</tr>
<tr>
<td>10</td>
<td>Deere &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>)</td>
<td>3.6%</td>
</tr>
<tr>
<td>11</td>
<td>BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>)</td>
<td>3.6%</td>
</tr>
<tr>
<td>12</td>
<td>Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</td>
<td>3.5%</td>
</tr>
<tr>
<td>13</td>
<td>3M Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>)</td>
<td>3.3%</td>
</tr>
<tr>
<td>14</td>
<td>Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</td>
<td>3.2%</td>
</tr>
<tr>
<td>15</td>
<td>JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</td>
<td>3.2%</td>
</tr>
<tr>
<td>16</td>
<td>Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>)</td>
<td>3.0%</td>
</tr>
<tr>
<td>17</td>
<td>Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>)</td>
<td>3.0%</td>
</tr>
<tr>
<td>18</td>
<td>Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>)</td>
<td>2.9%</td>
</tr>
<tr>
<td>19</td>
<td>Visa Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>)</td>
<td>2.7%</td>
</tr>
<tr>
<td>20</td>
<td>Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</td>
<td>2.3%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40908202/10-etfs-investors-secretly-bought-before-the-feds-make-or-break-interest-rate-cal">10 ETFs Investors Secretly Bought Before The Fed&#8217;s Make-Or-Break Interest Rate Call</a></li>
</ul>
Federal Reserve illustration created using artificial intelligence via MidJourney.

20 S&P 500 Stocks That Move The Most When The Fed Starts Cutting Interest Rates

Investors with a lot of money to spend have taken a bearish stance on Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TXN, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 12 uncommon options trades for Texas Instruments.
This isn't normal.
The overall sentiment of these big-money traders is split between 41% bullish and 50%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $121,755, and 8 are calls, for a total amount of $1,361,143.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $195.0 to $210.0 for Texas Instruments during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Texas Instruments's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Texas Instruments's whale trades within a strike price range from $195.0 to $210.0 in the last 30 days. 
<h3>Texas Instruments 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726593449_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$13.1</td>
<td>$12.5</td>
<td>$13.0</td>
<td>$210.00</td>
<td>$650.0K</td>
<td>580</td>
<td style="text-align: right;">500</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$7.6</td>
<td>$7.55</td>
<td>$7.55</td>
<td>$200.00</td>
<td>$372.2K</td>
<td>2.5K</td>
<td style="text-align: right;">237</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$8.5</td>
<td>$8.35</td>
<td>$8.5</td>
<td>$195.00</td>
<td>$83.3K</td>
<td>108</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$7.6</td>
<td>$7.55</td>
<td>$7.55</td>
<td>$200.00</td>
<td>$70.9K</td>
<td>2.5K</td>
<td style="text-align: right;">533</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$5.3</td>
<td>$5.1</td>
<td>$5.22</td>
<td>$200.00</td>
<td>$52.2K</td>
<td>46</td>
<td style="text-align: right;">200</td>
</tr>
</tbody>
</table>

<h3>About Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
After a thorough review of the options trading surrounding Texas Instruments, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Texas Instruments's Current Market Status</h3>
<ul>
<li>With a trading volume of 1,474,004, the price of TXN is up by 0.9%, reaching $200.26.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 35 days from now.</li>
</ul>
<h3>Expert Opinions on Texas Instruments</h3>
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $227.75.
<ul>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Neutral with a new price target of $210.</li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Texas Instruments, targeting a price of $268. </li>
<li>An analyst from Truist Securities persists with their Hold rating on Texas Instruments, maintaining a target price of $198. </li>
<li>An analyst from Citigroup upgraded its action to Buy with a price target of $235. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Texas Instruments with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Decoding Texas Instruments's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bullish stance on Texas Instruments.
Looking at options history for Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $702,849 and 7, calls, for a total amount of $720,748.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $190.0 to $210.0 for Texas Instruments over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Texas Instruments's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Texas Instruments's whale trades within a strike price range from $190.0 to $210.0 in the last 30 days. 
<h3>Texas Instruments Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726240911_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$8.25</td>
<td>$8.0</td>
<td>$8.1</td>
<td>$190.00</td>
<td>$607.5K</td>
<td>1.0K</td>
<td style="text-align: right;">751</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$14.1</td>
<td>$13.65</td>
<td>$14.1</td>
<td>$200.00</td>
<td>$253.8K</td>
<td>3.2K</td>
<td style="text-align: right;">345</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.1</td>
<td>$14.05</td>
<td>$14.05</td>
<td>$200.00</td>
<td>$231.8K</td>
<td>3.2K</td>
<td style="text-align: right;">165</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$2.49</td>
<td>$2.48</td>
<td>$2.49</td>
<td>$200.00</td>
<td>$96.5K</td>
<td>6.7K</td>
<td style="text-align: right;">504</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$9.95</td>
<td>$9.5</td>
<td>$9.64</td>
<td>$207.50</td>
<td>$54.3K</td>
<td>1</td>
<td style="text-align: right;">57</td>
</tr>
</tbody>
</table>

<h3>About Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Having examined the options trading patterns of Texas Instruments, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Texas Instruments's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,120,836, with TXN's price up by 1.26%, positioned at $198.44.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 39 days.</li>
</ul>
<h3>Professional Analyst Ratings for Texas Instruments</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $227.75.
<ul>
<li>Maintaining their stance, an analyst from Truist Securities continues to hold a Hold rating for Texas Instruments, targeting a price of $198. </li>
<li>In a positive move, an analyst from Citigroup has upgraded their rating to Buy and adjusted the price target to $235. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Texas Instruments, targeting a price of $268. </li>
<li>An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $210. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Texas Instruments options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Spotlight on Texas Instruments: Analyzing the Surge in Options Activity

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/13/24</td>
<td>$120.00</td>
<td>$55.6K</td>
<td>61.4K</td>
<td>307.5K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$165.00</td>
<td>$35.4K</td>
<td>8.8K</td>
<td>10.3K</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$18.00</td>
<td>$33.3K</td>
<td>2.2K</td>
<td>6.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/13/24</td>
<td>$145.00</td>
<td>$29.2K</td>
<td>12.7K</td>
<td>5.5K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$500.00</td>
<td>$57.0K</td>
<td>2.1K</td>
<td>2.2K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$95.00</td>
<td>$280.0K</td>
<td>1.7K</td>
<td>1.8K</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$190.00</td>
<td>$30.2K</td>
<td>3.5K</td>
<td>1.2K</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$55.0K</td>
<td>10.4K</td>
<td>1.2K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$425.00</td>
<td>$41.1K</td>
<td>221</td>
<td>1.0K</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$540.00</td>
<td>$25.4K</td>
<td>400</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on September 13, 2024. This event was a transfer of 359 contract(s) at a $120.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $55.6K, with a price of $155.0 per contract. There were 61459 open contracts at this strike prior to today, and today 307501 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on September 20, 2024. This event was a transfer of 80 contract(s) at a $165.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $443.0 per contract. There were 8870 open contracts at this strike prior to today, and today 10383 contract(s) were bought and sold. 
• Regarding U (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), we observe a call option trade with bearish sentiment. It expires in 1 day(s) on September 13, 2024. Parties traded 300 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $111.0 per contract. There were 2227 open contracts at this strike prior to today, and today 6180 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option trade that happens to be neutral, expiring in 1 day(s) on September 13, 2024. This event was a transfer of 50 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $585.0 per contract. There were 12743 open contracts at this strike prior to today, and today 5551 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option trade that happens to be bearish, expiring in 8 day(s) on September 20, 2024. This event was a transfer of 150 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $57.0K, with a price of $380.0 per contract. There were 2167 open contracts at this strike prior to today, and today 2271 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option sweep that happens to be bullish, expiring in 64 day(s) on November 15, 2024. This event was a transfer of 500 contract(s) at a $95.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $280.0K, with a price of $560.0 per contract. There were 1792 open contracts at this strike prior to today, and today 1871 contract(s) were bought and sold. 
• For TXN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), we notice a put option sweep that happens to be bullish, expiring in 36 day(s) on October 18, 2024. This event was a transfer of 83 contract(s) at a $190.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $30.2K, with a price of $365.0 per contract. There were 3583 open contracts at this strike prior to today, and today 1247 contract(s) were bought and sold. 
• For IONQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), we notice a call option sweep that happens to be bullish, expiring in 127 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $10.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $55.0 per contract. There were 10466 open contracts at this strike prior to today, and today 1236 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option trade that happens to be bearish, expiring in 1 day(s) on September 13, 2024. This event was a transfer of 121 contract(s) at a $425.00 strike. The total cost received by the writing party (or parties) was $41.1K, with a price of $340.0 per contract. There were 221 open contracts at this strike prior to today, and today 1095 contract(s) were bought and sold. 
• For ADBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on September 13, 2024. This event was a transfer of 50 contract(s) at a $540.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $510.0 per contract. There were 400 open contracts at this strike prior to today, and today 1064 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ADBE

IONQ

10 Information Technology Stocks With Whale Alerts In Today's Session

Texas Instruments's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NYSE">TXN</a>) short percent of float has risen 3.24% since its last report. The company recently reported that it has 20.32 million shares sold short, which is 2.23% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.24 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Texas Instruments Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726060516_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Texas Instruments has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Texas Instruments's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Texas Instruments's peer group average for short interest as a percentage of float is 5.51%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

How Is The Market Feeling About Texas Instruments?

Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) has outperformed the market over the past 20 years by 3.42% on an annualized basis producing an average annual return of 11.53%. Currently, Texas Instruments has a market capitalization of $183.75 billion. 
Buying $100 In TXN: If an investor had bought $100 of TXN stock 20 years ago, it would be worth $895.94 today based on a price of $201.25 for TXN at the time of writing.
<h3>Texas Instruments's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725643815_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Texas Instruments 20 Years Ago Would Be Worth This Much Today

Nvidia Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) recovery could prove short-lived as the stock was trading sharply lower<a href="https://www.benzinga.com/premarket"> in premarket trading </a>on Friday. 
The weakness could in part be due to the <a href="https://www.benzinga.com/news/earnings/24/09/40741225/broadcom-q3-earnings-revenue-beat-eps-beat-continued-strength-in-ai-solutions-and-vmware-2024-ai-gu">disappointing guidance issued by fellow chipmaker</a> Broadcom Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>). The company&#8217;s third-quarter earnings and revenue exceeded the consensus and it even raised it 2024 artificial intelligence revenue forecast from $11 billion to $12 billion. The fourth-quarter revenue guidance of $14 billion was, however, shy of estimates of some analysts.
This dragged the stock down by about 9% in premarket trading. As has been the case with Nvidia, investors&#8217; hyped expectations may have been the reason for the negative sentiment.
See Also: <a href="https://www.benzinga.com/money/best-semiconductor-stocks">Best Semiconductor Stocks</a>
Semiconductor companies are mostly growth stocks, considered risky bets. A flight to safety ahead of the U.S. payrolls report could also serve as a drag.
According to<a href="https://benzinga.grsm.io/register174"> Benzinga Pro data</a>, in premarket trading:
<ul>
<li>Nvidia fell 1.89% to $105.18.</li>
<li>Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) slumped 2.41% to $120.12.&nbsp;</li>
<li>Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) lost 1.01% to $138.03.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) plunged 2.99% to $402.20.</li>
<li>Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) moved down 2.39% to $68.22.</li>
<li>QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) declined 0.99% to $162.08.</li>
<li>Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) lost 0.77% to $200.</li>
<li>Taiwan Semiconductor Manufacturing Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) slipped 0.77% to $162.44.</li>
<li>iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) retreated 2.01% to $208.76.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40746080/us-stocks-set-for-steep-fall-amid-heightened-anxiety-ahead-jobs-data-vix-surges-strategist-flags-2-">US Stocks Set For Steep Fall Amid Heightened Anxiety Ahead Jobs Data, VIX Surges: Strategist Flags 2 Reasons Why He Expects More Volatility Ahead</a></li>
</ul>
Image via Shutterstock

Nvidia, Super Micro, Arm Tumble 2% In Premarket, Most Chip Peers Deep In Red: What's Dragging Down Semiconductor Stocks?

Whales with a lot of money to spend have taken a noticeably bearish stance on Texas Instruments.
Looking at options history for Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 23% of the investors opened trades with bullish expectations and 76% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $1,078,360 and 9, calls, for a total amount of $520,344.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $165.0 to $215.0 for Texas Instruments over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Texas Instruments's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Texas Instruments's whale activity within a strike price range from $165.0 to $215.0 in the last 30 days. 
<h3>Texas Instruments Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725471952_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$22.2</td>
<td>$21.35</td>
<td>$22.2</td>
<td>$210.00</td>
<td>$888.0K</td>
<td style="text-align: right;">79</td>
<td style="text-align: right;">400</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$28.0</td>
<td>$26.65</td>
<td>$27.5</td>
<td>$195.00</td>
<td>$178.7K</td>
<td style="text-align: right;">253</td>
<td style="text-align: right;">65</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$12.7</td>
<td>$12.1</td>
<td>$12.7</td>
<td>$215.00</td>
<td>$111.7K</td>
<td style="text-align: right;">576</td>
<td style="text-align: right;">101</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$5.95</td>
<td>$5.8</td>
<td>$5.75</td>
<td>$202.50</td>
<td>$57.5K</td>
<td style="text-align: right;">38</td>
<td style="text-align: right;">424</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$5.6</td>
<td>$5.5</td>
<td>$5.5</td>
<td>$202.50</td>
<td>$55.0K</td>
<td style="text-align: right;">38</td>
<td style="text-align: right;">313</td>
</tr>
</tbody>
</table>

<h3>About Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Having examined the options trading patterns of Texas Instruments, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Texas Instruments Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 2,173,883, the TXN's price is up by 1.54%, now at $204.94. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 48 days.</li>
</ul>
<h3>What Analysts Are Saying About Texas Instruments</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $227.75.
<ul>
<li>An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $210. </li>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Texas Instruments with a target price of $268. </li>
<li>Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Texas Instruments with a target price of $198. </li>
<li>An analyst from Citigroup upgraded its action to Buy with a price target of $235. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Texas Instruments, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Behind the Scenes of Texas Instruments's Latest Options Trends

Disclosed in a recent SEC filing on September 3, PATSLEY, Director at Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000097476/000112760224023319//Archives/edgar/data/97476/000112760224023319/0001127602-24-023319-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that PATSLEY, Director at Texas Instruments, a company in the Information Technology sector, just exercised stock options worth 6,065 shares of TXN stock with an exercise price of $79.26.
The latest update on Wednesday morning shows Texas Instruments shares up by 1.43%, trading at $204.71. At this price, PATSLEY's 6,065 shares are worth $760,854.
<h3>Discovering Texas Instruments: A Closer Look</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
<h3>A Deep Dive into Texas Instruments's Financials</h3>
Revenue Growth: Texas Instruments's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -15.65%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 57.85%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Texas Instruments exhibits below-average bottom-line performance with a current EPS of 1.23.
</li>
</ul>
Debt Management: Texas Instruments's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.81, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 34.98 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 11.5 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 24.0 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000097476">Check Out The Full List Of Texas Instruments's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

PAMELA PATSLEY At Texas Instruments Decides to Exercises Options Worth $760K

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ACLS

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ALAB

AMAT

AMBA

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FSLR

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KLAC

KLIC

LAES

LRCX

LSCC

MCHP

MKSI

MPWR

MTSI

NVMI

NVTS

NXPI

OLED

ONTO

PLAB

POWI

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SEDG

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Shares of semiconductor stocks are trading lower amid overall market weakness. A drop in the price of NVIDIA may weigh down the sector.

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) were among the companies that entered the Dow Jones Industrial Average during the dot-com era.
Analysts and investors told Reuters Intel was likely to be removed from the Dow, pointing to the company&#8217;s stock price trajectory.
Intel missed out on the artificial intelligence boom as&nbsp;OpenAI&#8217;s investment&nbsp;failed to materialize, and its contract manufacturing unit continued to lose out to Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/03105009/newplot-1.png" alt="" class="wp-image-527295" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/03105009/newplot-1.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/03105009/newplot-1-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Intel <a target="_blank" href="https://www.benzinga.com/government/24/08/40622868/intel-faces-scrutiny-over-job-cuts-while-competing-for-20b-us-chip-subsidy" rel="noreferrer noopener">plans to ship</a> chips for over 100 million AI personal computers by 2025, with over 40 million targeted for 2024.
<a target="_blank" href="https://www.benzinga.com/m-a/24/08/40648165/intel-weighs-major-business-split-factory-delays-amid-strategic-review-report" rel="noreferrer noopener">Recent reports indicated</a> Intel is looking to break up its product design and manufacturing businesses, including postponing some of its expansion plans. Investors can gain exposure to Intel through Vanguard Information Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGT#NYSE">VGT</a>) and SPDR Select Sector Fund &#8211; Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>).
Analysts snubbed Intel&#8217;s&nbsp;dividend suspension and record layoff of close to 15,000 employees.
Ryuta Makino of Gabelli Funds speculated that Nvidia Corp would replace Intel on the Dow, as per Reuters.
Nvidia has been up 129% in the last 12 months as it successfully milked the A frenzy, while Intel has been down 44%. Taiwan Semiconductor is up 71%.
According to Reuters, Daniel Morgan of Synovus Trust notes Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) as a possible Dow Jones contender.
Price Action: INTC stock is down by 6.63% at $20.58 at the last check on Tuesday.
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Intel's Place In Dow In Jeopardy, AI Strategy Under Scrutiny: Report

Financial giants have made a conspicuous bullish move on Texas Instruments. Our analysis of options history for Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) revealed 14 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $408,101, and 7 were calls, valued at $4,807,631.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $160.0 and $250.0 for Texas Instruments, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Texas Instruments's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Texas Instruments's substantial trades, within a strike price spectrum from $160.0 to $250.0 over the preceding 30 days.
<h3>Texas Instruments 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724954499_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$9.85</td>
<td>$9.25</td>
<td>$9.55</td>
<td>$250.00</td>
<td>$3.6M</td>
<td style="text-align: right;">938</td>
<td>5.0K</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.5</td>
<td>$9.45</td>
<td>$9.45</td>
<td>$250.00</td>
<td>$653.9K</td>
<td style="text-align: right;">938</td>
<td>766</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.45</td>
<td>$9.4</td>
<td>$9.45</td>
<td>$250.00</td>
<td>$342.1K</td>
<td style="text-align: right;">938</td>
<td>835</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$11.45</td>
<td>$11.3</td>
<td>$11.45</td>
<td>$185.00</td>
<td>$130.5K</td>
<td style="text-align: right;">48</td>
<td>115</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$9.6</td>
<td>$9.45</td>
<td>$9.5</td>
<td>$210.00</td>
<td>$95.0K</td>
<td style="text-align: right;">372</td>
<td>262</td>
</tr>
</tbody>
</table>

<h3>About Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Having examined the options trading patterns of Texas Instruments, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Texas Instruments</h3>
<ul>
<li>With a trading volume of 2,277,095, the price of TXN is up by 2.87%, reaching $213.71.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 54 days from now.</li>
</ul>
<h3>Expert Opinions on Texas Instruments</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $227.75.
<ul>
<li>An analyst from Citigroup upgraded its action to Buy with a price target of $235. </li>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Texas Instruments with a target price of $268. </li>
<li>In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $210. </li>
<li>Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Texas Instruments with a target price of $198. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Texas Instruments, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Shares of semiconductor and chip stocks are trading higher in possible reaction to NVIDIA's earnings report. NVIDIA fell despite better-than-expected financial results.

Disclosed on August 28, Haviv Ilan, President &amp; CEO at Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000097476/000112760224023081//Archives/edgar/data/97476/000112760224023081/0001127602-24-023081-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday outlined that Ilan executed a sale of 1,200 shares of Texas Instruments with a total value of $251,323.
As of Thursday morning, Texas Instruments shares are up by 2.76%, currently priced at $213.48.
<h3>Unveiling the Story Behind Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
<h3>Breaking Down Texas Instruments's Financial Performance</h3>
Revenue Challenges: Texas Instruments's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -15.65%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 57.85%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Texas Instruments's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 1.23.
</li>
</ul>
Debt Management: Texas Instruments's debt-to-equity ratio surpasses industry norms, standing at 0.81. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 36.0 is lower than the industry average, implying a discounted valuation for Texas Instruments's stock.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 11.84 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 24.69 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Unmasking the Significance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000097476">Check Out The Full List Of Texas Instruments's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Haviv Ilan Takes Money Off The Table, Sells $251K In Texas Instruments Stock

Disclosed in a recent SEC filing on August 27, Knecht, VP &amp; Chief Accounting Officer at Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A notable Form 4 filing on Tuesday with the <a href="https://www.sec.gov/Archives/edgar/data/0000097476/000112760224022997//Archives/edgar/data/97476/000112760224022997/0001127602-24-022997-index.htm">U.S. Securities and Exchange Commission</a> revealed that Knecht, VP &amp; Chief Accounting Officer at Texas Instruments, exercised stock options for 7,764 shares of TXN, resulting in a transaction value of $795,509.
Texas Instruments shares are currently trading down by 0.68%, with a current price of $209.26 as of Wednesday morning. This brings the total value of Knecht's 7,764 shares to $795,509.
<h3>Unveiling the Story Behind Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
<h3>Financial Insights: Texas Instruments</h3>
Negative Revenue Trend: Examining Texas Instruments's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -15.65% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 57.85%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Texas Instruments exhibits below-average bottom-line performance with a current EPS of 1.23.
</li>
</ul>
Debt Management: Texas Instruments's debt-to-equity ratio surpasses industry norms, standing at 0.81. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 36.51 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 12.01 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 25.03, Texas Instruments presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>Delving Into the Significance of Insider Transactions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000097476">Check Out The Full List Of Texas Instruments's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Major Exercise Alert: Julie Knecht Exercises Options Worth $795K At Texas Instruments

In a new SEC filing on August 26, it was revealed that Hobby, Director at Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), executed a significant exercise of company stock options.
What Happened: Disclosed in a Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0000097476/000112760224022927//Archives/edgar/data/97476/000112760224022927/0001127602-24-022927-index.htm">U.S. Securities and Exchange Commission</a>, Hobby, Director at Texas Instruments, executed a strategic derivative sale. This involved exercising stock options for 18,814 shares of TXN, resulting in a transaction value of $1,970,317.
During Tuesday's morning session, Texas Instruments shares down by 0.23%, currently priced at $207.77. Considering the current price, Hobby's 18,814 shares have a total value of $1,970,317.
<h3>All You Need to Know About Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
<h3>Texas Instruments's Financial Performance</h3>
Revenue Challenges: Texas Instruments's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -15.65%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 57.85%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Texas Instruments's EPS is below the industry average. The company faced challenges with a current EPS of 1.23. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 0.81, Texas Instruments faces challenges in effectively managing its debt levels, indicating potential financial strain.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Texas Instruments's P/E ratio of 36.1 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 11.87 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 24.75, Texas Instruments presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000097476">Check Out The Full List Of Texas Instruments's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Major Decision: Jean Hobby Exercises Options, Realizing $1.97M At Texas Instruments

Financial giants have made a conspicuous bearish move on Texas Instruments. Our analysis of options history for Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) revealed 22 unusual trades.
Delving into the details, we found 40% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $505,054, and 14 were calls, valued at $1,409,181.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $180.0 to $230.0 for Texas Instruments over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Texas Instruments stands at 3167.3, with a total volume reaching 13,703.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Texas Instruments, situated within the strike price corridor from $180.0 to $230.0, throughout the last 30 days.
<h3>Texas Instruments 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724705143_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$12.05</td>
<td>$11.55</td>
<td>$12.0</td>
<td>$200.00</td>
<td>$249.6K</td>
<td>11.3K</td>
<td>719</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$12.85</td>
<td>$12.7</td>
<td>$12.85</td>
<td>$195.00</td>
<td>$237.7K</td>
<td>2.8K</td>
<td>209</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$12.05</td>
<td>$11.65</td>
<td>$12.0</td>
<td>$200.00</td>
<td>$218.4K</td>
<td>11.3K</td>
<td>1.1K</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$4.25</td>
<td>$4.2</td>
<td>$4.2</td>
<td>$230.00</td>
<td>$149.3K</td>
<td>276</td>
<td>888</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$12.25</td>
<td>$12.05</td>
<td>$12.2</td>
<td>$200.00</td>
<td>$132.9K</td>
<td>11.3K</td>
<td>469</td>
</tr>
</tbody>
</table>

<h3>About Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Following our analysis of the options activities associated with Texas Instruments, we pivot to a closer look at the company's own performance.
<h3>Where Is Texas Instruments Standing Right Now?</h3>
<ul>
<li>With a trading volume of 5,804,853, the price of TXN is down by -0.78%, reaching $208.25.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 57 days from now.</li>
</ul>
<h3>What The Experts Say On Texas Instruments</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $227.75.
<ul>
<li>An analyst from Citigroup upgraded its action to Buy with a price target of $235. </li>
<li>Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Texas Instruments with a target price of $198. </li>
<li>An analyst from Cantor Fitzgerald has revised its rating downward to Neutral, adjusting the price target to $210. </li>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Texas Instruments, which currently sits at a price target of $268. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Texas Instruments with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

A Closer Look at Texas Instruments's Options Market Dynamics

Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) has outperformed the market over the past 10 years by 4.96% on an annualized basis producing an average annual return of 15.73%. Currently, Texas Instruments has a market capitalization of $187.93 billion. 
Buying $1000 In TXN: If an investor had bought $1000 of TXN stock 10 years ago, it would be worth $4,335.02 today based on a price of $205.83 for TXN at the time of writing.
<h3>Texas Instruments's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724353228_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Texas Instruments 10 Years Ago Would Be Worth This Much Today

Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) might be gearing up for a substantial upside. Citigroup increased its price target for its stock from $200 to $235. Analyst Christopher Danely upgraded the stock <a href="https://www.benzinga.com/quote/TXN/analyst-ratings">from Neutral to Buy</a>.
Additionally, JPMorgan analyst Harlan Sur has outlined a potential 30% surge in the company&#8217;s stock price by December 2025.
<h1 class="wp-block-heading">Texas Instruments Stock&#8217;s Fair Value Could Hit $275 by 2026</h1>
In a recent capital management strategy update, Texas Instruments laid out a scenario analysis. The analysis centered around driving approximately $9 of free cash flow per share by 2026. 
JPMorgan&#8217;s Sur remains confident in the stock, maintaining an Overweight rating with a price target of $230 by December 2025. With the current price hovering around $200 — that&#8217;s a straight 30% upside from current price levels.
However, the analyst believes the fair value could be as high as $250 to $275 per share, based on a 28-30x free cash flow multiple, by 2026.
<h1 class="wp-block-heading">Strong Revenue Growth, Strategic Expansion</h1>
&#8220;TI's business strategy has not changed, and the team continues to see a strong, albeit more reasonable 7%-9% revenue CAGR going forward,&#8221; Sur noted.
This growth is expected to be driven by increased semiconductor content, particularly in the automotive and industrial sectors — both key markets for the company.
Additionally, the company's strategic build-out of its 300mm, low-cost U.S. manufacturing capacity will benefit from the evolving geopolitical landscape.
Read Also: <a href="https://www.benzinga.com/news/24/08/40484349/texas-instruments-to-rally-around-16-here-are-10-top-analyst-forecasts-for-wednesday">Texas Instruments To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Wednesday</a>
<h1 class="wp-block-heading">Flexibility in Capex Spending</h1>
Sur highlighted Texas Instruments&#8217; robust approach to capital management, emphasizing the company&#8217;s ability to scale capex spending flexibly based on demand. 
&#8220;Under this investment phase, the team has more scalability of capex and is able to drive higher free cash flow per share growth across a range of market conditions,&#8221; he explained.
<h1 class="wp-block-heading">Best-In-Class FCF, Dividend Growth</h1>
As Texas Instruments emerges from a heavy investment cycle, Sur expects the company to deliver &#8220;best-in-class free cash flow per share and dividend growth over the longer term.&#8221;
Sur projects the company's gross margins will trend higher. He sees a return to a 25%-35% free cash flow margin target by 2026.
With Texas Instruments positioned as a leader in high-value analog and embedded products, Sur sees the stock as a high-quality investment. With above-average leverage, broad-based market exposure, and a shareholder-friendly capital allocation strategy, Texas Instruments is poised for better days ahead.
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Photo: Shutterstock

Analyst Color

Long Ideas

Analyst Ratings

This Semiconductor Stock Holds 30% Upside: Analyst

Deep-pocketed investors have adopted a bearish approach towards Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TXN usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 43 extraordinary options activities for Texas Instruments. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 34% leaning bullish and 37% bearish. Among these notable options, 5 are puts, totaling $367,359, and 38 are calls, amounting to $4,043,346.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $160.0 to $240.0 for Texas Instruments over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Texas Instruments stands at 1962.26, with a total volume reaching 26,774.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Texas Instruments, situated within the strike price corridor from $160.0 to $240.0, throughout the last 30 days.
<h3>Texas Instruments Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724265044_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$3.95</td>
<td>$3.75</td>
<td>$3.85</td>
<td>$215.00</td>
<td>$770.0K</td>
<td>53</td>
<td>2.3K</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$8.55</td>
<td>$8.3</td>
<td>$8.5</td>
<td>$240.00</td>
<td>$425.0K</td>
<td>27</td>
<td>500</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$12.1</td>
<td>$11.8</td>
<td>$11.8</td>
<td>$200.00</td>
<td>$224.2K</td>
<td>12.9K</td>
<td>973</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$34.05</td>
<td>$33.75</td>
<td>$33.75</td>
<td>$240.00</td>
<td>$168.7K</td>
<td>2</td>
<td>50</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$11.7</td>
<td>$11.3</td>
<td>$11.5</td>
<td>$200.00</td>
<td>$165.6K</td>
<td>12.9K</td>
<td>1.8K</td>
</tr>
</tbody>
</table>

<h3>About Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Following our analysis of the options activities associated with Texas Instruments, we pivot to a closer look at the company's own performance.
<h3>Where Is Texas Instruments Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 4,974,365, the TXN's price is up by 3.39%, now at $209.4. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 62 days.</li>
</ul>
<h3>What Analysts Are Saying About Texas Instruments</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $222.0.
<ul>
<li>In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $210. </li>
<li>An analyst from Benchmark downgraded its action to Buy with a price target of $230. </li>
<li>An analyst from Rosenblatt persists with their Buy rating on Texas Instruments, maintaining a target price of $250. </li>
<li>Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Texas Instruments with a target price of $210. </li>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Neutral with a new price target of $210.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Texas Instruments with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

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