In a filing, Texas Instruments Inc. revealed its Director BLINN MARK A unloaded Company’s shares for reported $0.28 million on Jan 31 ’24. In the deal valued at $159.85 per share,1,744 shares were sold. As a result of this transaction, BLINN MARK A now holds 11,693 shares worth roughly $2.1 million.
Then, KIRK RONALD sold 12,299 shares, generating $1,789,602 in total proceeds. Upon selling the shares at $145.51, the Director now owns 13,637 shares.
Before that, COX CARRIE SMITH sold 16,055 shares. Texas Instruments Inc. shares valued at $2,890,542 were divested by the Director at a price of $180.04 per share. As a result of the transaction, COX CARRIE SMITH now holds 35,801 shares, worth roughly $6.42 million.
TD Cowen reiterated its Texas Instruments Inc. [TXN] rating to a Hold in a research note published on April 24, 2024; the price target was $175. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who began to cover the stock in mid April with a ‘”an Outperform”‘ rating. TD Cowen also remained covering TXN and reiterated its “Market perform” recommendation on January 24, 2024. Cantor Fitzgerald started covering the stock on January 23, 2024. It rated TXN as “a Neutral”.
Price Performance Review of TXN
On Monday, Texas Instruments Inc. [NASDAQ:TXN] saw its stock jump 1.02% to $179.29. Over the last five days, the stock has gained 9.70%. Texas Instruments Inc. shares have risen nearly 5.18% since the year began. Nevertheless, the stocks have risen 8.48% over the past one year. While a 52-week high of $188.12 was reached on 04/29/24, a 52-week low of $139.48 was recorded on 02/13/24. SMA at 50 days reached $169.39, while 200 days put it at $164.06. A total of 4.19 million shares were traded, compared to the trading of 5.4 million shares in the previous session.
Levels Of Support And Resistance For TXN Stock
The 24-hour chart illustrates a support level at 177.80, which if violated will result in even more drops to 176.32. On the upside, there is a resistance level at 180.28. A further resistance level may holdings at 181.28. The Relative Strength Index (RSI) on the 14-day chart is 63.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.40, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.42%. Stochastics %K at 88.97% indicates the stock is a selling.
