Texas Instruments director Jean Hobby sells $2.7M in stock
Texas Instruments director Jean M. Hobby sold 8,758 shares of the company's common stock on November 12, 2026, amounting to roughly $2.71 million. The sale took place on a day when the stock price ranged from $308.59 to $309.38 per share. Prior to the transaction, Hobby obtained the same number of shares by exercising non-qualified stock options, which were valued at around $1.51 million at prices between $167.42 and $187.03 per share.
After completing the sale, she owned 4,627 shares directly. The exercised options granted her the right to buy shares at various prices, with the earliest exercise date being January 28, 2022, and the latest on January 27, 2026. Texas Instruments shares have increased by 94.7% over the past year, trading at $303.60 at the time of the sale.
The stock is considered overvalued according to InvestingPro's analysis, placing it among companies on the Most Overvalued list. InvestingPro provides 15 additional exclusive tips for Texas Instruments, along with detailed Pro Research Reports on over 1,400 US equities.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.