Truist Financial analyst William Stein maintained a Hold rating on Texas Instruments (TXN – Research Report) today. The company’s shares closed yesterday at $165.47.
According to TipRanks, Stein is a top 25 analyst with an average return of 27.6% and a 74.31% success rate. Stein covers the Technology sector, focusing on stocks such as Texas Instruments, Broadcom, and Intel.
Currently, the analyst consensus on Texas Instruments is a Hold with an average price target of $172.62, which is a 4.32% upside from current levels. In a report released today, Citi also reiterated a Hold rating on the stock with a $167.00 price target.
The company has a one-year high of $183.66 and a one-year low of $137.77. Currently, Texas Instruments has an average volume of 5.26M.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TXN in relation to earlier this year. Most recently, in February 2024, Mark Blinn, a Director at TXN sold 1,744.00 shares for a total of $278,768.62.
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Texas Instruments (TXN) Company Description:
Incorporated in 1930, Texas Instruments Incorporated, a global semiconductor company, designs, manufactures and sells analog and embedded processing chips. The company operates through two segments, including Analog, and Embedded Processing. The company is headquartered in Dallas, Texas.
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