Texas Instruments Executives Sell Thousands of Shares After AI Rally

On April 24, 2026, executives at Texas Instruments Inc. (TXN) – including Chief Financial Officer Rafael Lizardi and two senior vice presidents – exercised stock options and sold tens of thousands of common shares in the open market. CFO Lizardi exercised roughly 40,000 shares at an average strike price in the $169 range and immediately sold them at about $270 per share, netting approximately $11 million (around ₩160 billion). The two senior vice presidents each disposed of shares valued at about $5 million (roughly ₩70 billion) on the same day. Despite these sales, all three executives still retain substantial holdings.

This insider activity came just after Texas Instruments reported first-quarter 2026 results on April 22, with revenue of $4.83 billion and earnings per share of $1.68 – both above market expectations. The company guided second-quarter revenue of $5.0–5.4 billion and EPS of $1.77–2.05, citing a surge in data-center and AI demand. The upbeat outlook drove the stock up nearly 18%, and several leading brokerages subsequently raised their price targets to about $315, reflecting optimism around analog-chip growth. The recent insider sales thus occur alongside broadly positive analyst reports.

Headquartered in Dallas, Texas Instruments is a global semiconductor leader specializing in analog chips and embedded processors for industrial, automotive and data-center applications. As a key supplier to expanding AI infrastructure and power-management markets, the company is significantly ramping up U.S. fab investments while maintaining a disciplined capital-allocation strategy of dividends and share buybacks. CFO Lizardi is the principal financial executive overseeing these large-scale capital expenditures and shareholder-return initiatives.