KD Logo

Recent Insider Activity Suggests Potential Gains for Texas Instruments Inc (TXN)

Texas Instruments Inc’s filing revealed that its Sr. Vice President & CFO Lizardi Rafael R unloaded Company’s shares for reported $10.19 million on Nov 07 ’24. In the deal valued at $217.16 per share,46,917 shares were sold. As a result of this transaction, Lizardi Rafael R now holds 74,061 shares worth roughly $14.9 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Ilan Haviv sold 13,151 shares, generating $2,884,026 in total proceeds. Upon selling the shares at $219.30, the President & CEO now owns 125,686 shares.

Before that, Yunus Mohammad sold 8,358 shares. Texas Instruments Inc shares valued at $1,813,145 were divested by the Sr. Vice President at a price of $216.94 per share. As a result of the transaction, Yunus Mohammad now holds 28,924 shares, worth roughly $5.82 million.

Summit Insights upgraded its Texas Instruments Inc [TXN] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “a Buy”. Wells Fargo began covering TXN with “an Underweight” recommendation on May 16, 2024. Jefferies revised its rating on May 13, 2024. It rated TXN as “a Hold” which previously was an “a Buy”.

Price Performance Review of TXN

On Friday, Texas Instruments Inc [NASDAQ:TXN] saw its stock fall -2.37% to $201.12. Over the last five days, the stock has lost -8.70%. Texas Instruments Inc shares have risen nearly 17.99% since the year began. Nevertheless, the stocks have risen 32.43% over the past one year. While a 52-week high of $220.38 was reached on 11/08/24, a 52-week low of $150.15 was recorded on 02/13/24. SMA at 50 days reached $204.39, while 200 days put it at $189.89.

Levels Of Support And Resistance For TXN Stock

The 24-hour chart illustrates a support level at 199.34, which if violated will result in even more drops to 197.57. On the upside, there is a resistance level at 203.83. A further resistance level may holdings at 206.55. The Relative Strength Index (RSI) on the 14-day chart is 43.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.23%. Stochastics %K at 22.07% indicates the stock is a holding.

How much short interest is there in Texas Instruments Inc?

A steep rise in short interest was recorded in Texas Instruments Inc stocks on 2024-10-31, growing by 3.19 million shares to a total of 22.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 19.27 million shares. There was a rise of 14.2%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 24, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $175.

Most Popular