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Concurrent Investment Advisors LLC Purchases 11,313 Shares of Texas Instruments Incorporated $TXN
Concurrent Investment Advisors LLC increased its stake in Texas Instruments by 43.5% during the fourth quarter, purchasing 11,313 shares to bring its total holding to 37,345 shares worth approximately $6.48 million. The semiconductor company recently reported strong Q1 earnings above expectations, citing about 90% data-center revenue growth, which led to multiple analyst upgrades and a share-price rally. Despite mixed signals from insider selling and a high P/E ratio, the company declared a $1.42 quarterly dividend, representing a 2.1% yield.