Texas Instruments Inc’s recently made public that 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 $60.38 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 $60.38 million.
Robert W. Baird upgraded its Texas Instruments Inc [TXN] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late November with a ‘”an Equal weight”‘ rating. Summit Insights also remained covering TXN and has increased its forecast on October 23, 2024 with a “Buy” recommendation from previously “Hold” rating. Citigroup revised its rating on August 21, 2024. It rated TXN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of TXN
On Friday, Texas Instruments Inc [NASDAQ:TXN] saw its stock fall -5.75% to $147.60. Over the last five days, the stock has lost -2.50%. Texas Instruments Inc shares have fallen nearly -21.28% since the year began. Nevertheless, the stocks have fallen -12.62% over the past one year. While a 52-week high of $220.38 was reached on 02/21/25, a 52-week low of $143.31 was recorded on 04/11/25. SMA at 50 days reached $181.21, while 200 days put it at $194.56.
Levels Of Support And Resistance For TXN Stock
The 24-hour chart illustrates a support level at 141.74, which if violated will result in even more drops to 135.88. On the upside, there is a resistance level at 151.67. A further resistance level may holdings at 155.74. The Relative Strength Index (RSI) on the 14-day chart is 35.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.69%. Stochastics %K at 35.23% 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 2025-03-31, dropping by -1.2 million shares to a total of 16.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 17.85 million shares. There was a decline of -7.22%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 16, 2024 when Wells Fargo began covering the stock and recommended ‘”an Underweight”‘ rating along with a $150 price target.
