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Texas Instruments Inc [TXN] Sr. Vice President & CFO makes an insider sale of 46,917 shares worth 10,188,294.

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Texas Instruments Inc shares valued at $10,188,294 were sold by Lizardi Rafael R on Nov 07 ’24. At $217.16 per share, Lizardi Rafael R sold 46,917 shares. The insider’s holdings dropped to 74,061 shares worth approximately $15.24 million following the completion of this transaction.

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Also, Ilan Haviv sold 13,151 shares, netting a total of over 2,884,026 in proceeds. Following the sale of shares at $219.30 each, the insider now holds 125,686 shares.

Before that, Yunus Mohammad had sold 8,358 shares from its account. In a trade valued at $1,813,145, the Sr. Vice President traded Texas Instruments Inc shares for $216.94 each. Upon closing the transaction, the insider’s holdings decreased to 8,358 shares, worth approximately $5.95 million.

As published in a research note from Summit Insights on October 23, 2024, Texas Instruments Inc [TXN] has been rated up from a Hold to a Buy. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late August. As of May 16, 2024, Wells Fargo has initiated its “an Underweight” rating for TXN. Earlier on May 13, 2024, Jefferies downgraded its rating. Their new recommendation was “a Hold” for TXN stock which previously was a “a Buy”.

Analyzing TXN Stock Performance

During the last five days, there has been a drop of approximately -4.30%. Over the course of the year, Texas Instruments Inc shares have jumped approximately 20.69%. Shares of the company reached a 52-week high of $220.38 on 11/08/24 and a 52-week low of $155.46 on 02/13/24. A 50-day SMA is recorded $204.23, while a 200-day SMA reached $189.45. Nevertheless, trading volume fell to 7.84 million shares from 4.99 million shares the previous day.

Support And Resistance Levels for Texas Instruments Inc (TXN)

According to the 24-hour chart, there is a support level at 203.42, which, if violated, would cause prices to drop to 201.12. In the upper region, resistance lies at 209.93. The next price resistance is at 214.15. RSI (Relative Strength Index) is 48.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.93, which suggests the price will increase in the coming days. Percent R is at 70.97%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

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