In a filing, Texas Instruments Inc revealed its Chairman TEMPLETON RICHARD K unloaded Company’s shares for reported $18.96 million on Feb 27 ’25. In the deal valued at $195.47 per share,97,000 shares were sold. As a result of this transaction, TEMPLETON RICHARD K now holds 409,089 shares worth roughly $77.94 million.
Then, TEMPLETON RICHARD K sold 4,557 shares, generating $885,021 in total proceeds. Upon selling the shares at $194.21, the Chairman now owns 409,089 shares.
Before that, TEMPLETON RICHARD K sold 97,000 shares. Texas Instruments Inc shares valued at $19,469,888 were divested by the Chairman at a price of $200.72 per share. As a result of the transaction, TEMPLETON RICHARD K now holds 409,089 shares, worth roughly $77.94 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 Friday, Texas Instruments Inc [NASDAQ:TXN] saw its stock jump 0.62% to $190.52. Over the last five days, the stock has lost -2.79%. Texas Instruments Inc shares have risen nearly 1.61% since the year began. Nevertheless, the stocks have risen 11.65% over the past one year. While a 52-week high of $220.38 was reached on 02/21/25, a 52-week low of $159.11 was recorded on 02/12/25. SMA at 50 days reached $189.84, while 200 days put it at $197.47.
Levels Of Support And Resistance For TXN Stock
The 24-hour chart illustrates a support level at 187.07, which if violated will result in even more drops to 183.62. On the upside, there is a resistance level at 192.62. A further resistance level may holdings at 194.72. The Relative Strength Index (RSI) on the 14-day chart is 48.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.96%. Stochastics %K at 43.36% indicates the stock is a holding.
