Large Outflow of Money Witnessed in Target Corporation

Target Corporation (TGT) : The value of composite uptick trades was $9.15 million, whereas, the value of composite downtick trades was $11.09 million. The uptick to downtick ratio stood at 0.83 with a negative money flow of ($1.94) Million during Mondays trading session. The block trades money flow was negative ($3.81 million). The transaction of the trades on downticks amounted to $3.81 million, which confirms investors selling on the strength of price. Target Corporation (TGT) gained 61 cents at $73.65, an increase of 0.84% over the previous days close.


Target Corp. has dropped 10.66% during the last 3-month period . Year-to-Date the stock performance stands at 3.49%. Shares of Target Corp. rose by 1.96% in the last five trading days and 10.42% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Darden Calvin, director of Target Corp, had unloaded 37,105 shares at an average price of $67.02 in a transaction dated on May 19, 2016. The total value of the transaction was worth $2,486,777.

Target Corporation (NYSE:TGT): stock turned positive on Monday. Though the stock opened at $72.88, the bulls momentum made the stock top out at $74.02 level for the day. The stock recorded a low of $72.88 and closed the trading day at $73.96, in the green by 1.26%. The total traded volume for the day was 3,852,589. The stock had closed at $73.04 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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