Texas Instruments Inc’s recently made public that its Director BLINN MARK A unloaded Company’s shares for reported $0.11 million on Feb 04 ’25. In the deal valued at $180.71 per share,590 shares were sold. As a result of this transaction, BLINN MARK A now holds 11,717 shares worth roughly $2.11 million.
Then, MARK A BLINN bought 590 shares, generating $106,574 in total proceeds.
Before that, KIRK RONALD sold 10,539 shares. Texas Instruments Inc shares valued at $2,142,910 were divested by the Director at a price of $203.33 per share. As a result of the transaction, KIRK RONALD now holds 14,323 shares, worth roughly $2.58 million.
Wells Fargo initiated its Texas Instruments Inc [TXN] rating to an Equal weight in a research note published on November 22, 2024; the price target was $215. A number of analysts have revised their coverage, including Summit Insights’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Citigroup also remained covering TXN and has increased its forecast on August 21, 2024 with a “Buy” recommendation from previously “Neutral” rating. Wells Fargo started covering the stock on May 16, 2024. It rated TXN as “an Underweight”.
Price Performance Review of TXN
On Monday, Texas Instruments Inc [NASDAQ:TXN] saw its stock jump 0.17% to $180.31. Over the last five days, the stock has lost -0.35%. Texas Instruments Inc shares have fallen nearly -3.84% since the year began. Nevertheless, the stocks have risen 13.57% over the past one year. While a 52-week high of $220.38 was reached on 01/23/25, a 52-week low of $155.46 was recorded on 02/05/25. SMA at 50 days reached $190.10, while 200 days put it at $196.65.
Levels Of Support And Resistance For TXN Stock
The 24-hour chart illustrates a support level at 179.08, which if violated will result in even more drops to 177.86. On the upside, there is a resistance level at 181.55. A further resistance level may holdings at 182.80. The Relative Strength Index (RSI) on the 14-day chart is 40.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.58%. Stochastics %K at 15.28% indicates the stock is a buying.
How much short interest is there in Texas Instruments Inc?
A steep rise in short interest was recorded in Texas Instruments Inc stocks on 2024-12-31, growing by 1.58 million shares to a total of 20.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 18.69 million shares. There was a rise of 7.81%, which implies that there is a positive sentiment for the stock.
