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Chairman TEMPLETON RICHARD K sale 97,000 shares of Texas Instruments Inc [TXN]

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Texas Instruments Inc shares valued at $18,960,307 were sold by TEMPLETON RICHARD K on Feb 27 ’25. At $195.47 per share, TEMPLETON RICHARD K sold 97,000 shares. The insider’s holdings dropped to 409,089 shares worth approximately $80.01 million following the completion of this transaction.

Also, TEMPLETON RICHARD K sold 4,557 shares, netting a total of over 885,021 in proceeds. Following the sale of shares at $194.21 each, the insider now holds 409,089 shares.

Before that, TEMPLETON RICHARD K had sold 97,000 shares from its account. In a trade valued at $19,469,888, the Chairman traded Texas Instruments Inc shares for $200.72 each. Upon closing the transaction, the insider’s holdings decreased to 97,000 shares, worth approximately $80.01 million.

As published in their initiating research note from Wells Fargo on November 22, 2024, Texas Instruments Inc [TXN] has been an Equal weight and the price target has been revised to $215. Analysts at Summit Insights upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late October. As of August 21, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for TXN. Earlier on May 16, 2024, Wells Fargo initiated its rating. Their recommendation was “an Underweight” for TXN stock.

Analyzing TXN Stock Performance

During the last five days, there has been a drop of approximately -1.35%. Over the course of the year, Texas Instruments Inc shares have jumped approximately 4.30%. Shares of the company reached a 52-week high of $205.75 on 02/21/25 and a 52-week low of $176.76 on 02/12/25. A 50-day SMA is recorded $189.67, while a 200-day SMA reached $197.53.

Support And Resistance Levels for Texas Instruments Inc (TXN)

According to the 24-hour chart, there is a support level at 191.88, which, if violated, would cause prices to drop to 188.20. In the upper region, resistance lies at 198.13. The next price resistance is at 200.69. RSI (Relative Strength Index) is 55.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.39, which suggests the price will decrease in the coming days. Percent R is at 37.51%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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