NEUTRAL — WATCH
No clear whale direction for TXN. Bullish and bearish signals roughly cancel out. Insiders are net buyers (256,582 shares bought vs 129,735 sold) — bullish conviction from management. Strong institutional ownership at 90.9% with 3 of 10 top holders actively accumulating this quarter.
Action Plan
- Hold existing positions — no strong directional signal
- Wait for clearer whale activity before adding
- Monitor next earnings for institutional positioning changes
📈 Options Flow 期权异动
Unusual options volume vs open interest. High volume/OI ratio signals whale positioning. Put/Call ratio indicates directional bias.
PUT / CALL RATIO
0 (Bullish)1.02.0+ (Bearish)
2.41
BEARISH
High Volume Contracts — Vol > 500 (8 contracts)
PUT$2502026-05-152,538
PUT$2602026-05-152,389
PUT$2502026-05-01806
CALL$3102026-05-15682
PUT$2702026-05-01657
PUT$2652026-05-01613
PUT$2202026-05-01569
PUT$2602026-05-01549
- Put/Call volume ratio: 2.41 (bearish)
- Total options volume: 19,890 (calls 5,825 / puts 14,065)
👤 Insider Trading 内部交易
SEC Form 4 filings — officer and director buys/sells in the last 90 days. Net buying is a strong bullish signal.
SHARES BOUGHT (6m)
256,582
Recent Insider Transactions (0 buys / 7 sells / 3 grants)
SELLKOZANIAN HAGOP H6,8432026-02-17
SELLLIZARDI RAFAEL R71,6282026-02-11
SELLGARY MARK23,1692026-02-11
SELLBAHAI AHMAD6,5002026-02-11
SELLROBERTS MARK T4,4612026-02-09
SELLBAHAI AHMAD3,0002026-02-05
SELLBLINN MARK A3,1442026-02-05
GRANTLIZARDI RAFAEL R12,5592026-01-29
GRANTKOZANIAN HAGOP H13,4732026-01-29
GRANTRON AMICHAI13,4732026-01-29
- Insider buying: 256,582 shares
- Insider selling: 129,735 shares
- 39 Form 4 filings in last 90 days
- Net insider BUYING — bullish signal
🏦 Smart Money Flow 机构资金流向
Quarter-over-quarter position changes from 13F filings. Shows whether institutional investors are accumulating (buying more) or distributing (selling) — the strongest signal of whale conviction.
INSTITUTIONAL OWNERSHIP
90.9%
ACCUMULATION vs DISTRIBUTION
30% ACCUMULATING
70% DISTRIBUTING
NET SHARES FLOW
-20,410,465
Institutional Position Changes (QoQ)
▲ ADDINGInvesco Ltd.2.00%+10.7%+1,750,249
▲ ADDINGCharles Schwab Investment Management, Inc.2.67%+6.7%+1,516,614
▲ ADDINGNORGES BANK1.59%+6.2%+844,287
▬ HOLDBlackrock Inc.8.68%+2.8%+2,145,376
▬ HOLDGeode Capital Management, LLC2.51%+1.1%+248,781
▬ HOLDPrice (T.Rowe) Associates Inc1.74%+0.9%+137,942
▬ HOLDVanguard Group Inc10.60%+0.1%+77,160
▬ HOLDState Street Corporation4.77%-0.2%-108,889
▼ TRIMMINGWellington Management Group, LLP1.77%-6.0%-1,022,197
▼▼ HEAVY SELLJPMORGAN CHASE & CO3.11%-47.9%-25,999,788
ETF & Mutual Fund Flow (1 adding / 2 selling)
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Total Stock Mar-0.2%-68,679
▬ HOLDVANGUARD INDEX FUNDS-Vanguard 500 Index Fund+2.2%+484,473
▬ HOLDInvesco QQQ Trust, Series 1-2.4%-465,132
▲ ADDINGSCHWAB STRATEGIC TRUST-Schwab US Dividend Equ+13.3%+1,927,220
▬ HOLDFidelity Concord Street Trust-Fidelity 500 In+0.5%+54,004
▬ HOLDiShares Trust-iShares Core S&P 500 ETF-0.9%-109,911
▬ HOLDSPDR S&P 500 ETF TRUST-State Street SPDR S&P -1.6%-172,100
▼ TRIMMINGVanEck ETF Trust-VanEck Semiconductor ETF-6.3%-658,946
▼ TRIMMINGVANGUARD CHESTER FUNDS-Vanguard PRIMECAP Fund-12.5%-975,169
▬ HOLDSELECT SECTOR SPDR TRT-State Street Technolog-3.4%-241,123
- Institutional ownership: 90.9%
- Smart money flow: 3 adding / 2 selling / 5 hold
- Net shares removed by institutions: -20,410,465
- Biggest mover: JPMORGAN CHASE & CO sold 25,999,788 shares (-47.9%)
🕶 Short Interest & Dark Pool 做空 & 暗池
Short interest as % of float and days-to-cover. Rising SI = bearish pressure. High SI + decreasing = shorts covering (bullish). Squeeze risk rated by SI level.
SHORT INTEREST (% OF FLOAT)
0%10%20%30%+
- Short interest: 2.1% of float
- Days to cover: 3.0
- Short interest MoM: ↓ 13.7%
- Squeeze risk: MINIMAL