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Significant Insider Sales of Texas Instruments (TXN) Shares Reverses Buying Trend of Last 90 Days

· 02/04/2021 17:22

10:19 PM EST, 02/04/2021 (MT Newswires) -- Texas Instruments, today, saw six insiders listed below, sell 49,039 shares having a market value of approximately $8,321,895, as reported in form 4 documents filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to these transactions which resulted in the purchase of 6,565 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 42,474 shares and have averaged 7,943 shares per transaction over this time period.

Today's Insider Activity

Over the last 90 days, the number of insider buy/sell trades at Texas Instruments is above its 82-company peer group average. The Semiconductors peer group saw 239 buy/sell trades during this period for an average of 2.9 transactions per company. However, the number of shares traded per transaction by Texas Instruments insiders is lower than its peers. Within the peer group there were 209,800 shares purchased and 4,125,307 shares sold with company insiders selling 16,383 shares on average over this time period.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data sourced to create and write this story.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.