BlackRock Amends Texas Instruments Stake (SC 13G/A)
Ticker: TXN · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 97476
| Field | Detail |
|---|---|
| Company | Texas Instruments Inc (TXN) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, semiconductors
TL;DR
**BlackRock updated its Texas Instruments ownership, signaling its continued significant stake.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, indicating its ownership of Texas Instruments Inc. common stock as of December 31, 2023. This filing, Amendment No. 9, updates their previous disclosures regarding their stake in the semiconductor giant. This matters to investors because BlackRock is a major institutional investor, and changes in their reported holdings can signal shifts in their investment strategy or outlook on Texas Instruments, potentially influencing market sentiment.
Why It Matters
This filing shows BlackRock's updated ownership in Texas Instruments, providing transparency on a major institutional investor's position, which can influence other investors' perceptions of the stock.
Risk Assessment
Risk Level: low — This is a routine disclosure filing by a large institutional investor and does not indicate any immediate or significant risk to the company or its shareholders.
Analyst Insight
Investors should note BlackRock's continued significant, albeit potentially adjusted, stake in Texas Instruments. While this filing doesn't reveal specific changes in share count, it confirms BlackRock's ongoing institutional interest. Investors might consider this a baseline for institutional confidence in Texas Instruments, but should look for more detailed ownership percentages in the full filing to understand any material changes.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Texas Instruments Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 9 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9)' in the filing.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY' section of the filing.
Which company's securities are being reported on?
The securities of TEXAS INSTRUMENTS INCORPORATED are being reported on, as indicated by '(Name of Issuer) TEXAS INSTRUMENTS INCORPORATED' in the filing.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Texas Instruments Incorporated is 882508104, as listed under '(CUSIP Number) 882508104' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding TEXAS INSTRUMENTS INC (TXN).