Martin S. Craighead, a director at Texas Instruments Inc. (NASDAQ:TXN), sold common stock totaling approximately $3.2 million on May 28, 2026, according to a recent SEC filing.
The transactions involved a total of 10,000 shares of Texas Instruments common stock. The shares were sold in multiple transactions at prices ranging from $320.4075 to $321.0069 per share. The sale comes as TXN shares have surged 72% over the past year, though the stock currently trades above its Bond.az Fair Value, suggesting it may be overvalued. The company maintains a market capitalization of $277 billion.
Following these sales, Mr. Craighead directly holds 14,359 shares of Texas Instruments common stock.
In other recent news, Texas Instruments has been the focus of several analyst updates. Mizuho raised its price target to $300 from $255, maintaining a Neutral rating, driven by the AI data center business reaching a $563 million quarterly run rate with anticipated growth through 2027. Seaport Global Securities upgraded Texas Instruments to a Buy rating, setting a price target of $400, highlighting growing power demand. Stifel increased its price target to $340 from $290, continuing a Buy rating.
Cantor Fitzgerald reiterated a Neutral rating and a $300 target. Bank of America named Texas Instruments, along with Analog Devices and ON Semiconductor, as top picks in the AI power semiconductor sector. These developments indicate a focus on the company's role in the evolving data center and AI markets.
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