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

Posted by Brenda Bartman on Oct 31st, 2026

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 Down 3.9%

TXN stock opened at $300.84 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. The company has a fifty day moving average price of $275.66 and a two-hundred day moving average price of $258.76. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. The stock has a market cap of $274.90 billion, a price-to-earnings ratio of 40.59, a price-to-earnings-growth ratio of 1.55 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, beating the consensus estimate of $2.40 by $0.22. The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The company’s quarterly revenue was up 27.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.48 earnings per share. Equities analysts anticipate that Texas Instruments Incorporated will post 8.89 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be given a dividend of $1.52 per share. This represents a $6.08 dividend on an annualized basis and a yield of 2.0%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 73.67%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TXN. Putney Financial Group LLC purchased a new position in Texas Instruments during the third quarter worth about $28,000. Scarborough Advisors LLC purchased a new stake in shares of Texas Instruments during the first quarter valued at approximately $29,000. Creative Capital Management Investments LLC grew its position in shares of Texas Instruments by 167.5% during the 3rd quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 67 shares during the period. Kilter Group LLC bought a new position in shares of Texas Instruments during the 2nd quarter valued at approximately $31,000. Finally, Main Street Group LTD bought a new position in shares of Texas Instruments during the 1st quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on TXN shares. DZ Bank raised Texas Instruments from a “sell” rating to a “hold” rating and set a $300.00 price target for the company in a research note on Wednesday. Barclays increased their price target on shares of Texas Instruments from $250.00 to $280.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 22nd. UBS Group lowered their price objective on shares of Texas Instruments from $380.00 to $360.00 and set a “buy” rating for the company in a research report on Thursday, October 22nd. Citigroup restated a “buy” rating on shares of Texas Instruments in a research note on Thursday, October 22nd. Finally, Freedom Broker raised Texas Instruments from a “hold” rating to a “buy” rating and raised their target price for the company from $260.00 to $330.00 in a report on Thursday, October 22nd. One investment 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, Texas Instruments has a consensus rating of “Moderate Buy” and a consensus price target of $315.37.

Check Out Our Latest Stock Report on Texas Instruments

Insider Activity at Texas Instruments

In related news, VP Tsedeniya Abraham sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the transaction, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Pamela Patsley sold 4,532 shares of the firm’s stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $301.56, for a total value of $1,366,669.92. Following the completion of the sale, the director directly owned 34,487 shares of the company’s stock, valued at $10,399,899.72. This represents a 11.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,968 shares of company stock worth $8,236,892 over the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Texas Instruments News Summary

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

Positive Sentiment: Strong quarterly performance supports the investment case. Texas Instruments reported approximately $6.06 billion in revenue, up 27.7% year over year, while EPS of $2.62 exceeded the $2.40 consensus estimate. The company also guided for fourth-quarter revenue of $5.80 billion to $6.30 billion and EPS of $2.45 to $2.79. Texas Instruments Reports Revenue Growth
Positive Sentiment: Dividend growth and ETF buying provide support. TXN raised its quarterly dividend to $1.52 from $1.42, equivalent to $6.08 annually and a yield of roughly 1.9%. Reports also indicated that ETFs bought about $37 million of shares on October 26, while 41 ETFs added TXN on October 27. Texas Instruments Dividend Comparison
Neutral Sentiment: Analyst views are constructive but cautious. DZ Bank raised TXN to “Hold,” with a $300 price target. The broader analyst consensus remains “Moderate Buy,” although several firms maintain neutral, underweight or sell ratings and valuation targets vary widely. DZ Bank Raises Texas Instruments to Hold
Negative Sentiment: Valuation is making investors question further upside. Articles from Trefis and Yahoo Finance focus on whether TXN’s elevated earnings multiple can be justified by future free cash flow, particularly as the company continues investing heavily in manufacturing capacity. Should You Buy Texas Instruments Stock Now or Wait?
Negative Sentiment: Multiple directors sold shares. Directors Janet Clark, Robert Sanchez and Pamela Patsley sold a combined 14,903 shares near $302 per share, reducing their individual holdings by approximately 12% to 28%. Although these transactions may reflect personal financial decisions, they add a cautionary signal while TXN trades near its highs. Texas Instruments Insider Selling

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.

About Texas Instruments

(Get Free Report)

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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