Target Corp (TGT) Files Form 4 Insider Selling : Calvin Darden Sells 37,105 Shares

Target Corp (TGT): Calvin Darden , director of Target Corp sold 37,105 shares on May 19, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $67.02 per share for a total value of $2,486,895.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 23, 2016, Catherine R Smith (Executive Officer) purchased 5,000 shares at $67.82 per share price.On Mar 18, 2016, Timothy R Baer (Executive Officer) sold 23,782 shares at $82.06 per share price.Also, On Mar 16, 2016, Robert M Harrison (Chief Accounting Officer) sold 822 shares at $81.47 per share price.On Mar 16, 2016, John J Mulligan (Executive Officer) sold 35,529 shares at $81.57 per share price.

Target Corporation: On Friday, May 20, 2016 heightened volatility was witnessed in Target Corporation which led to swings in the share price. The shares opened for trading at $67.39 and hit $69.1401 on the upside , eventually ending the session at $68.66, with a gain of 2.39% or 1.6 points. The heightened volatility saw the trading volume jump to 93,25,795 shares. The 52-week high of the share price is $85.81 and the company has a market cap of $41,195 M . The 52-week low of the share price is at $65.5.

Target Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Target Corporation is Reiterated by Telsey Advisory Group to Outperform while Lowering the Price Target of the company shares to $ 88 from a previous price target of $91 . The Rating was issued on May 19, 2016.Target Corporation is Reiterated by MKM Partners to Neutral while Lowering the Price Target of the company shares to $ 73 from a previous price target of $81 . The Rating was issued on May 19, 2016.Target Corporation is Reiterated by Barclays to Underweight while Lowering the Price Target of the company shares to $ 65 from a previous price target of $70 . The Rating was issued on May 19, 2016.Target Corporation is Downgraded by Barclays to Underweight while Lowering the Price Target of the company shares to $ 70 from a previous price target of $90 . Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Mar 31, 2016.Target Corporation is Reiterated by MKM Partners to Neutral and the brokerage firm has raised the Price Target to $ 81 from a previous price target of $70 .The Rating was issued on Feb 25, 2016.

Target Corporation is engaged in providing everyday essentials and fashionable and differentiated merchandise at discounted prices. The Company offers its products through stores online or through mobile devices. The Company sells an assortment of general merchandise and food through its store and digital channels. Its general merchandise stores offer an edited food assortment including perishables dry grocery dairy and frozen items. Its urban format stores CityTarget and TargetExpress offer edited general merchandise and food assortments. Its digital channels include an assortment of general merchandise including various items found in its stores along with a complementary assortment such as additional sizes and colors sold online. The Company’s brands include Archer Farms Simply Balanced Boots & Barkley Circo Embark Gilligan & O’Malley Market Pantry Merona Room Essentials Smith & Hawken Spritz and Sutton & Dodge.

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