Rep. Kevin Hern Sells Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Key Points

• Rep. Kevin Hern sold $15,001–$50,000 of Texas Instruments shares on October 14 from the HERN FAMILY FOUNDATION account, alongside several recent sales of other holdings.
• Texas Instruments reported strong quarterly results, with EPS of $2.62 and revenue of $6.05 billion, up 27.7% year over year and above analyst expectations. The company also raised its quarterly dividend to $1.52, yielding approximately 1.9% annually.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $315.37 price target, but high valuation, continued manufacturing investment, insider selling and automotive-chip sector concerns remain risks.

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 Stock Performance

NASDAQ TXN opened at $312.94 on Friday. The company has a market capitalization of $285.96 billion, a price-to-earnings ratio of 40.19, a PEG ratio of 1.54 and a beta of 1.35. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03. The stock has a fifty day simple moving average of $274.96 and a 200 day simple moving average of $258.21. The company has a quick ratio of 4.05, a current ratio of 5.59 and a debt-to-equity ratio of 0.67.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping the consensus estimate of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.94 billion. During the same period in the previous year, the business earned $1.48 EPS. The business's quarterly revenue was up 27.7% compared to the same quarter last year. Sell-side analysts expect that Texas Instruments Incorporated will post 8.89 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be paid a $1.52 dividend. This is a positive change from Texas Instruments's previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments's payout ratio is presently 73.67%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in TXN. Kraft Davis & Associates LLC grew its stake in Texas Instruments by 4.4% in the third quarter. Kraft Davis & Associates LLC now owns 827 shares of the semiconductor company's stock valued at $230,000 after acquiring an additional 35 shares during the period. Aviance Capital Partners LLC raised its position in shares of Texas Instruments by 1.0% during the third quarter. Aviance Capital Partners LLC now owns 3,754 shares of the semiconductor company's stock worth $1,052,000 after purchasing an additional 36 shares during the period. HBW Advisory Services LLC raised its position in shares of Texas Instruments by 2.2% during the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company's stock worth $336,000 after purchasing an additional 37 shares during the period. Montz Harcus Wealth Management LLC raised its position in shares of Texas Instruments by 2.9% during the first quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company's stock worth $260,000 after purchasing an additional 38 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Texas Instruments by 0.6% in the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company's stock worth $1,157,000 after purchasing an additional 38 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TXN shares. Jefferies Financial Group raised their price objective on Texas Instruments from $260.00 to $300.00 and gave the stock a "hold" rating in a research report on Thursday, October 22nd. The Goldman Sachs Group reiterated a "sell" rating and issued a $250.00 target price on shares of Texas Instruments in a report on Thursday, October 22nd. Benchmark increased their target price on shares of Texas Instruments from $315.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Evercore restated an "outperform" rating and set a $330.00 price target (up from $316.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Finally, Freedom Broker upgraded shares of Texas Instruments from a "hold" rating to a "buy" rating and boosted their price target for the stock from $260.00 to $330.00 in a research report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of "Moderate Buy" and a consensus price target of $315.37.

Key Headlines 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

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Robert E. Sanchez sold 6,065 shares of Texas Instruments stock in a transaction dated 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. The trade was a 21.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Janet F. Clark sold 4,306 shares of the company's stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $302.46, for a total value of $1,302,392.76. Following the sale, the director owned 11,341 shares of the company's stock, valued at $3,430,198.86. This trade represents a 27.52% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 21,903 shares of company stock worth $6,354,376. 0.60% of the stock is owned by company insiders.

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.

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