Alta Capital Management Llc/ 13F: Cuts TXN Stake by $2.1M

On October 26, 2026, Alta Capital Management trimmed its position in Texas Instruments Incorporated (TXN) by 7,438 shares. This reduction leaves the firm with a total of 88,520 shares valued at approximately $24.8 million, according to its latest Form 13F filing with the SEC.

TXN Texas Instruments Incorporated

$298.12 ▲ +70.76% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Alta Capital Management's Texas Instruments Position

In the filing, Alta Capital's stake decreased by 7.8%, reflecting a change valued at about $2.08 million. The reported value of its holdings in Texas Instruments now makes up 2.33% of Alta Capital's total portfolio, ranking it 13th among its 215 positions.

Where Texas Instruments Fits in Alta Capital Management's Portfolio

Texas Instruments represents a significant portion of Alta Capital's investments, with its current position valued at $24.8 million.

Other Institutional Activity in Texas Instruments

Several other funds have made adjustments to their Texas Instruments holdings. Mondrian Investment Partners cut its stake by 246,589 shares, now holding 268,741 shares valued at about $75.3 million. Nisa Investment Advisors reduced its position by 11,706 shares, bringing its total to 326,980 shares worth approximately $91.6 million. Meanwhile, Bank Of New York Mellon Corporation trimmed its stake by 1,343,361 shares, ending with 15,059,099 shares valued at around $4.49 billion.

Texas Instruments Incorporated Stock Up 4.7%

Texas Instruments shares recently traded around $298.05, which is about equal to the closing price of $298.12 on October 26, 2026. The stock is currently above its 50-day moving average by 9.3% and its 200-day moving average by 15.8%. However, it is about 10.8% below its 52-week high of $334.03.

Recent Earnings

Texas Instruments reported trailing twelve-month revenue of approximately $20.77 billion, with a net margin of 34.3%. The company is expected to announce its next earnings report on January 26, 2027.

Dividend

Texas Instruments pays an annual dividend of $6.08 per share, resulting in a yield of 2.04%. The payout ratio stands at 85.5%.

Insider Buying and Selling at Texas Instruments Incorporated

Several insiders have sold shares recently. Ahmad Bahai, an officer, sold 5,000 shares on May 14, 2026, at an average price of $309.13, totaling about $1.55 million. Chief Financial Officer Rafael R Lizardi sold 47,734 shares on the same date, valued at approximately $14.7 million. Director Martin S Craighead sold 10,000 shares on May 28, 2026, worth about $3.2 million.

Analysts Set New Price Targets

On October 22, 2026, several analysts updated their ratings on Texas Instruments. Jefferies maintained a Hold rating with a $300 price target, while Freedom Broker upgraded its rating to Buy with a target of $330. UBS also maintained a Buy rating but adjusted its target down to $360.

About Texas Instruments

Texas Instruments designs and sells semiconductors for electronics manufacturers worldwide. The company operates in two main segments: Analog and Embedded Processing. Its recent stock performance and strategic moves by funds like Alta Capital highlight ongoing interest in the semiconductor sector.

Bottom Line

Investors should watch for Texas Instruments' upcoming earnings report on January 26, 2027, and further filings from Alta Capital Management and other institutional investors. The recent trimming of positions may indicate shifting strategies in the semiconductor market.