First National Bank Of Mount Dora Trust Investment Services Has Lowered Texas Instrs (TXN) Stake By $756,226; 2 Bullish Analysts Covering Energous (WATT)

June 29, 2018 - By Martha Paddon

Energous Corporation (NASDAQ:WATT) Logo

Among 3 analysts covering Energous (NASDAQ:WATT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Energous had 3 analyst reports since January 5, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Monday, February 19 by Roth Capital. The company was maintained on Friday, January 5 by Oppenheimer. See Energous Corporation (NASDAQ:WATT) latest ratings:

19/02/2018 Broker: Roth Capital Rating: Buy New Target: $45.8 Maintain
16/02/2018 Broker: National Securities Rating: Buy
05/01/2018 Broker: Oppenheimer Rating: Hold Maintain

First National Bank Of Mount Dora Trust Investment Services decreased Texas Instrs Inc (TXN) stake by 10.34% reported in 2018Q1 SEC filing. First National Bank Of Mount Dora Trust Investment Services sold 7,342 shares as Texas Instrs Inc (TXN)’s stock rose 1.76%. The First National Bank Of Mount Dora Trust Investment Services holds 63,658 shares with $6.61 million value, down from 71,000 last quarter. Texas Instrs Inc now has $108.66 billion valuation. The stock increased 1.45% or $1.58 during the last trading session, reaching $110.68. About 2.11 million shares traded. Texas Instruments Incorporated (NASDAQ:TXN) has risen 38.09% since June 29, 2017 and is uptrending. It has outperformed by 25.52% the S&P500. Some Historical TXN News: 24/04/2018 – Texas Instruments 1Q Rev $3.79B; 18/04/2018 – Texas Instruments recognizes 10 suppliers for excellence; 17/05/2018 – Tl COO Brian Crutcher to speak at Bernstein investor conference; 14/05/2018 – Texas Instruments Presenting at JPMorgan Conference Tomorrow; 26/03/2018 – Texas Instruments to webcast its annual meeting of stockholders; 13/04/2018 – Texas Instruments Senior VP of Technology & Manufacturing Kevin J. Ritchie to Retire Nov. 1; 19/04/2018 – Texas Instruments Closes Below 50-Day Moving Average; 20/03/2018 – Texas Instruments challenges students to design solutions that improve everyday life; 03/05/2018 – TI COO Brian Crutcher to speak at J.P. Morgan investor conference; 19/04/2018 – Boston Semi Equipment Recognized for Excellence by Texas Instruments

Another recent and important Texas Instruments Incorporated (NASDAQ:TXN) news was published by Fool.com which published an article titled: “Here’s Why Texas Instruments Inc. Shares Rose 10.3% In May” on June 07, 2018.

Since January 25, 2018, it had 0 buys, and 24 insider sales for $122.64 million activity. $11.30M worth of stock was sold by ANDERSKOUV NIELS on Friday, May 11. Ilan Haviv sold $7.03M worth of stock. Shares for $387,722 were sold by Barker Ellen on Wednesday, January 31. The insider RITCHIE KEVIN J sold 45,362 shares worth $4.95 million. Another trade for 7,000 shares valued at $776,720 was made by PATSLEY PAMELA H on Thursday, January 25. TROCHU CYNTHIA HOFF had sold 3,574 shares worth $395,472. ANDERSON STEPHEN A. also sold $2.02M worth of Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, January 31.

Among 21 analysts covering Texas Instruments (NASDAQ:TXN), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Texas Instruments has $135 highest and $85 lowest target. $118.83’s average target is 7.36% above currents $110.68 stock price. Texas Instruments had 28 analyst reports since January 3, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, April 25 by FBR Capital. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Neutral” rating by Robert W. Baird on Wednesday, January 24. The company was maintained on Wednesday, January 24 by Raymond James. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Hold” rating given on Thursday, January 18 by Stifel Nicolaus. On Tuesday, January 23 the stock rating was maintained by Mizuho with “Hold”. The rating was maintained by Credit Suisse with “Buy” on Tuesday, January 16. The firm has “Buy” rating given on Wednesday, January 24 by Susquehanna. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, January 24 report. The stock has “Hold” rating by Wells Fargo on Wednesday, January 24. The rating was upgraded by DZ Bank on Thursday, April 26 to “Buy”.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on July, 24. They expect $1.30 earnings per share, up 26.21% or $0.27 from last year’s $1.03 per share. TXN’s profit will be $1.28B for 21.28 P/E if the $1.30 EPS becomes a reality. After $1.21 actual earnings per share reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 7.44% EPS growth.

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.11, from 1.01 in 2017Q4. It worsened, as 65 investors sold TXN shares while 408 reduced holdings. 119 funds opened positions while 308 raised stakes. 800.61 million shares or 0.62% less from 805.57 million shares in 2017Q4 were reported. Messner And Smith Theme Value Management Limited Ca reported 29 shares. 53,705 were reported by Oppenheimer Asset Mgmt Inc. Beacon Financial Group Incorporated holds 0.29% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 16,547 shares. Primecap Com Ca stated it has 36.64 million shares. Hartford Financial Mgmt has invested 0.84% in Texas Instruments Incorporated (NASDAQ:TXN). Lombard Odier Asset Mgmt (Europe) Ltd has 0.07% invested in Texas Instruments Incorporated (NASDAQ:TXN). California Pub Employees Retirement has invested 0.38% in Texas Instruments Incorporated (NASDAQ:TXN). Loring Wolcott And Coolidge Fiduciary Advisors Ltd Liability Partnership Ma holds 0% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 847 shares. Bradley Foster Sargent Inc Ct owns 16,635 shares. Swiss Natl Bank stated it has 3.16 million shares. Ct Mason holds 1.91% or 34,011 shares in its portfolio. Syntal Capital Prtnrs Ltd Limited Liability Company reported 15.47% in Texas Instruments Incorporated (NASDAQ:TXN). The Pennsylvania-based Vanguard Grp Incorporated Inc has invested 0.38% in Texas Instruments Incorporated (NASDAQ:TXN). Bridgeway Capital Management Incorporated reported 99,670 shares. 14,090 were accumulated by Parsons Cap Mgmt Ri.

Energous Corporation engages in the development of a wire-free charging system. The company has market cap of $379.05 million. The companyÂ’s technology could enable wire-free charging solutions for contact charging, as well as at a distance charging. It currently has negative earnings. It develops WattUp, a wire-free charging technology that charges electronic devices by surrounding them with a contained three dimensional radio frequency energy pocket.

Since January 2, 2018, it had 0 insider buys, and 13 insider sales for $3.14 million activity. Sahejpal Neeraj also sold $80,313 worth of Energous Corporation (NASDAQ:WATT) on Thursday, June 14. Another trade for 16,790 shares valued at $372,524 was made by Sereda Brian J on Monday, February 26. 3,337 shares were sold by Johnston Cesar, worth $56,077. Leabman Michael Aaron sold $1.04M worth of stock or 52,000 shares. $268,714 worth of Energous Corporation (NASDAQ:WATT) shares were sold by Gaulding John. The insider RIZZONE STEPHEN R sold $675,000.

The stock decreased 3.80% or $0.589 during the last trading session, reaching $14.891. About 360,053 shares traded. Energous Corporation (NASDAQ:WATT) has risen 18.40% since June 29, 2017 and is uptrending. It has outperformed by 5.83% the S&P500. Some Historical WATT News: 27/03/2018 – Energous Adds Nick Alexopolous and Carol Lindstrom as Board Members; 27/03/2018 – Energous: Griffin Replaces John Gaulding as Chairman; 27/03/2018 – Energous Corp Appoints Robert J. Griffin as Chairman of the Board; 27/03/2018 – Energous Appoints Robert J. Griffin as Chmn of the Bd; 01/05/2018 – Energous 1Q Loss/Shr 55c; 21/04/2018 – DJ Energous Corp, Inst Holders, 1Q 2018 (WATT); 03/05/2018 – Short-seller Chris Brown is not a believer in Energous’ technology, calling it a “fraud.”; 09/04/2018 – Energous Receives FCC Certification for its Near Field Wireless Charging Transmitter Running at 900 MHz; 03/05/2018 – Short-seller Chris Brown says wireless charging company Energous is ‘worthless’; 27/03/2018 – Energous Rotates John R. Gaulding to the Role of Chmn Emeritus

More recent Energous Corporation (NASDAQ:WATT) news were published by: Nasdaq.com which released: “Energous Partners with IDT to Launch WattUp Near Field Wireless Charging 2.0” on June 28, 2018. Also Schaeffersresearch.com published the news titled: “Dow Futures Sink After GDP” on June 28, 2018. Investingnews.com‘s news article titled: “Energous to Launch WattUp Near Field Wireless Charging 2.0” with publication date: June 28, 2018 was also an interesting one.

Texas Instruments Incorporated (NASDAQ:TXN) Institutional Positions Chart