Sr. VP Leonard Shanon J sells 4,963 TXN shares for $1.47M; stock near 52-week highs after strong recent rally.
Leonard Shanon J, Senior Vice President at Texas Instruments, sold nearly 5,000 shares at current market prices, reducing his stake by roughly one-sixth. The sale comes as the stock trades near its 52-week high following a substantial rally over the past three months, a typical moment when insiders take profits. His track record at this ticker is mixed: one recent sale in late April coincided with the stock rising afterward, but two prior exits in mid-2024 were followed by declining stock prices—suggesting he has picked both profitable and unprofitable exit windows. Texas Instruments remains a profitable, growing company with strong recent earnings, so the sale reflects portfolio positioning rather than concerns about the underlying business. As the fifth open-market sale this insider has made in the past three years, this continues a pattern of periodic selling, though without any open-market purchases in the same window to suggest hedging activity.
Sr. VP Leonard Shanon J sold 18,189 TXN shares at $277.95 (-36.3% reduction); prior same-ticker sales showed 100% well-timed pattern.
Leonard Shanon J sold 18,189 shares of Texas Instruments at $277.95 on 2026-04-24, reducing his holdings from 50,164 to 31,975 shares—a 36.3% reduction in position size. His cross-ticker track record shows an average 90-day return of -5.1% after prior sells, with a 100.00% well-timed rate, indicating his previous sales preceded stock declines. More specifically, his two prior sales at TXN (both on 2024-08-23) each recorded negative 90-day returns of -4.9% and -5.3%, establishing a consistent pattern of well-timed exits at this ticker. Given the stock's current price of $269.50 is 4.5% below the 52-week high of $282.23 and his transaction price was $277.95, the market has already moved lower post-transaction, early-stage consistent with his historical pattern. The stock's valuation stands at a P/E of 45.68 against fundamentals showing 13.0% annual revenue growth and $1.5B net income on $4.8B quarterly revenue, leaving the significance of this large position reduction in the context of whether the valuation compression reflects a genuine operational slowdown or market sentiment.
Sr. VP Leonard Shanon J sold 2,816 shares at avg $208.91; retains 24,112 shares post-sale at TXN.
Leonard Shanon J, Sr. Vice President at Texas Instruments, executed 2 separate sales totaling 2,816 shares for $588,301.11 on 2024-08-23, reducing his holdings by 10.5% from 26,928 to 24,112 shares. The blended average price of $208.91 is within 1% of the current price of $210.69 and aligns with the stock's recent 30-day performance (+4.3%). The transaction occurs in a context of annual revenue decline of -12.5%, despite the company maintaining substantial profitability ($1.1B net income on $3.8B quarterly revenue) and trading near its 52-week high. Without public notice of a trading plan or scheduled disposition, the sale represents a discretionary reduction of executive holdings during a period of operational headwinds and elevated valuation (P/E 36.20).
