Texas Instruments (NASDAQ:TXN) Stock Sale Reported by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Texas Instruments Incorporated (NASDAQ:TXN). In a filing disclosed on October 28th, the Representative disclosed that they had sold between $15,001 and $50,000 in Texas Instruments stock on October 14th. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of ASML (NASDAQ:ASML) on 10/23/2026.
• Sold $15,001 – $50,000 in shares of Seagate Technology (NASDAQ:STX) on 10/23/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 10/2/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Starbucks (NASDAQ:SBUX) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/23/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 9/23/2026.

Texas Instruments Trading Up 1.0%

NASDAQ:TXN opened at $312.94 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 5.59 and a quick ratio of 4.05. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. The company has a market cap of $285.96 billion, a PE ratio of 40.59, a PEG ratio of 1.54 and a beta of 1.35. The firm has a 50-day moving average of $274.96 and a 200-day moving average of $258.21.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.22. The business had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.48 EPS. As a group, equities research analysts expect that Texas Instruments Incorporated will post 8.89 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be given a dividend of $1.52 per share. The ex-dividend date of this dividend is Friday, October 30th. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 1.9%. Texas Instruments’s payout ratio is presently 78.86%.

Key Stories Impacting Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Strong earnings and revenue growth support the stock. Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 27.7% year over year, and earnings per share of $2.62, exceeding the $2.40 consensus estimate. Management forecast fourth-quarter revenue of $5.80 billion to $6.30 billion and EPS of $2.45 to $2.79, suggesting continued demand across industrial, automotive and data-center markets. Earnings Beat Might Change Texas Instruments Stock Narrative
• Positive Sentiment: Profitability improved materially. Third-quarter gross margin rose to 64.2%, compared with 57.4% a year earlier and 61.4% in the prior quarter, as higher sales and factory utilization boosted operating leverage. TXN’s Gross Margin Crosses 64% in Q3
• Positive Sentiment: Institutional demand is a supportive signal. ETFs reportedly purchased about $37 million of TXN shares on Monday, while 41 ETFs added the stock on October 27, potentially providing incremental buying pressure. ETFs Bought $37.0 Million of Texas Instruments
• Neutral Sentiment: Analyst sentiment is broadly constructive but not decisive. Brokerage ratings point toward buying TXN, although such recommendations can be overly optimistic. DZ Bank upgraded the shares from “sell” to “hold,” but set a $300 price target, below the recent trading level. DZ Bank Texas Instruments Rating
• Negative Sentiment: Valuation and cash-flow expectations remain concerns. With TXN trading at a high earnings multiple, investors are questioning whether future free cash flow can justify the stock’s price, particularly as the company continues investing heavily in manufacturing capacity. Can Texas Instruments Justify Its Price On Future Cash Flow?
• Negative Sentiment: Director selling adds a modest cautionary signal. Three directors sold a combined 14,903 shares at prices near $302, reducing their individual holdings by roughly 12% to 28%. The transactions may reflect personal portfolio decisions, but could weigh on sentiment near the stock’s highs.
• Negative Sentiment: Sector risks remain. Weak guidance from NXP Semiconductor renewed concerns about automotive-chip demand and pressured portions of the semiconductor group, including Texas Instruments. Soft Guidance Revives Auto Chip Worries

Insiders Place Their Bets

In other news, Director Pamela H. Patsley sold 4,532 shares of Texas Instruments stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $301.56, for a total transaction of $1,366,669.92. Following the completion of the sale, the director owned 34,487 shares in the company, valued at approximately $10,399,899.72. This trade represents a 11.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert E. Sanchez sold 6,065 shares of the company’s stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $302.21, for a total transaction of $1,832,903.65. Following the completion of the transaction, the director owned 21,600 shares in the company, valued at approximately $6,527,736. This trade represents a 21.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 21,903 shares of company stock valued at $6,354,376 over the last 90 days. 0.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on TXN. Benchmark increased their price target on Texas Instruments from $315.00 to $360.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Texas Instruments in a report on Tuesday, October 20th. Robert W. Baird upped their target price on shares of Texas Instruments from $300.00 to $385.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Wells Fargo & Company lowered their target price on shares of Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating for the company in a report on Tuesday, October 20th. Finally, TD Cowen dropped their price target on shares of Texas Instruments from $340.00 to $330.00 and set a “buy” rating on the stock in a research report on Monday, October 19th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $315.37.

Institutional Investors Weigh In On Texas Instruments

Hedge funds have recently made changes to their positions in the business. Eads & Heald Wealth Management increased its holdings in shares of Texas Instruments by 0.8% in the third quarter. Eads & Heald Wealth Management now owns 5,995 shares of the semiconductor company’s stock worth $1,679,000 after purchasing an additional 46 shares during the period. VCI Wealth Management LLC boosted its stake in Texas Instruments by 19.0% during the third quarter. VCI Wealth Management LLC now owns 12,825 shares of the semiconductor company’s stock valued at $3,592,000 after buying an additional 2,049 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its stake in Texas Instruments by 16.8% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 2,263 shares of the semiconductor company’s stock valued at $634,000 after buying an additional 326 shares during the period. BOCHK Asset Management Ltd boosted its stake in Texas Instruments by 43.1% during the third quarter. BOCHK Asset Management Ltd now owns 9,300 shares of the semiconductor company’s stock valued at $2,605,000 after buying an additional 2,800 shares during the period. Finally, Next Level Wealth Planning LLC purchased a new position in Texas Instruments during the third quarter worth about $59,000. 84.99% of the stock is currently owned by institutional investors.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

Texas Instruments Company Profile

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.