Thomas A. Kennedy, Director at TEXTRON INC (TXT), bought 12,361 shares at $95.98 ($989K) on 2026-05-01, disclosed to the SEC on 2026-05-01.
Director Thomas A. Kennedy purchased 10,300 shares for $988,594 at $95.98, marking the largest purchase of his career. This significant insider buying coincides with the stock's 7.64% gain over the last 90 days.
Trading at $94.79, the stock is up 7.82% over the past five days and 34.89% over the last year, yet remains 6.68% below its 52-week high of $101.57.
The company is executing an industrial separation plan to unlock long-term value, a strategy discussed on May 14. Additionally, the delivery of the first Cessna Citation Ascend midsize business jets to NetJets on May 10 signals continued product momentum.
Analysts noted on May 19 that Textron has underperformed the broader market over the past year. Furthermore, the 90-day share price return has been softer than the 1-year and 3-year total shareholder returns, indicating potential near-term volatility.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 2,061 | $0 | 0.0% |
| 2 | $95.98 | 10,300 | $989K | 100.0% |
| Total | $79.98 avg | 12,361 | $989K | 100% |
| Filing → |
| RTN | SELL | 2018-03-27 | $1.6M | — | Filing → |
| RTN | SELL | 2018-02-15 | $19.3M | — | Filing → |
| RTN | SELL | 2017-06-07 | $3.0M | — | Filing → |