Textron Inc’s recently made public that its VP & Corporate Controller Bamford Mark S unloaded Company’s shares for reported $0.4 million on Feb 24 ’25. In the deal valued at $72.68 per share,5,451 shares were sold. As a result of this transaction, Bamford Mark S now holds 18,223 shares worth roughly $1.42 million.
Then, Bamford Mark S sold 2,000 shares, generating $147,000 in total proceeds. Upon selling the shares at $73.50, the VP & Corporate Controller now owns 18,223 shares.
BofA Securities downgraded its Textron Inc [TXT] rating to a Neutral from a a Buy in a research note published on January 24, 2025; the price target was decreased to $85 from $110. A number of analysts have revised their coverage, including Vertical Research’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. TD Cowen also remained covering TXT and has decreased its forecast on September 25, 2024 with a “Hold” recommendation from previously “Buy” rating. Morgan Stanley revised its rating on August 08, 2024. It rated TXT as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of TXT
On Tuesday, Textron Inc [NYSE:TXT] saw its stock jump 1.00% to $77.85. Over the last five days, the stock has gained 4.51%. Textron Inc shares have risen nearly 1.78% since the year began. Nevertheless, the stocks have fallen -9.27% over the past one year.
How much short interest is there in Textron Inc?
A steep rise in short interest was recorded in Textron Inc stocks on 2025-05-15, growing by 1.41 million shares to a total of 5.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 3.63 million shares. There was a rise of 28.03%, which implies that there is a positive sentiment for the stock.
