Large Outflow of Money Witnessed in Target Corporation

Target Corporation (TGT) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (8.43 million) in Target Corporation (TGT). On Tuesday, The value of composite uptick trades was $37.63 million, whereas, the value of composite downtick trades was $46.06 million and the ratio between the two was 0.82, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $9.91 million. The negative money flow of ($9.91 million) shows selling on strength. Target Corporation (TGT) gained $0.7 intraday at $73.24 and registrered 0.97% for the week.


The company Insiders own 0.25% of Target Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 42.13% . Institutional Investors own 90.71% of Target Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 21.24%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Target Corp, Darden Calvin had sold 37,105 shares worth of $2,486,777 in a transaction dated May 19, 2016. In this transaction, 37,105 shares were sold at $67.02 per share.

Shares of Target Corp. rose by 5.42% in the last five trading days and 8.31% for the last 4 weeks. Target Corp. has dropped 8.29% during the last 3-month period . Year-to-Date the stock performance stands at 2.87%.

Target Corporation (NYSE:TGT): stock turned positive on Tuesday. Though the stock opened at $72.49, the bulls momentum made the stock top out at $73.6 level for the day. The stock recorded a low of $72.44 and closed the trading day at $73.52, in the green by 1.35%. The total traded volume for the day was 6,648,505. The stock had closed at $72.54 in the previous days trading.

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 Companys brands include Archer Farms, Simply Balanced, Boots & Barkley, Circo, Embark, Gilligan & OMalley, Market Pantry, Merona, Room Essentials, Smith & Hawken, Spritz and Sutton & Dodge.

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