Shares of Target Corporation (NYSE:TGT) Sees Large Inflow of Net Money Flow

Target Corporation (NYSE:TGT) dropped by -0.03 or -0.02 points during the last session to $66.96 per share. One of the highlights of the day was the net money flow figure, which stood at $25.71 million even as the stock accepted $26.86 million in upticks but rejected $1.15 million in downticks. The up/down ratio for the last observation was a 23.4. The 1-week percentage change for the stock price is registered at -1.36%.A block transaction occurred with $26.25 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $26.25 million at the end of the block trade.

Target Corp. has lost 0.56% in the last five trading days and dropped 0.74% in the last 4 weeks. Target Corp. has dropped 17.77% during the last 3-month period . Year-to-Date the stock performance stands at -5.55%.

Currently 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 90.7% of Target Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 21.24%. . On the companys insider trading activities, Darden Calvin, director of Target Corp, unloaded 37,105 shares at an average price of $67.02 on May 19, 2016. The total amount of the transaction was worth $2,486,777, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Target Corporation (NYSE:TGT) rose 0.78% or 0.52 points on Friday and made its way into the gainers of the day. After trading began at $67.01 the stock was seen hitting $68.09 as a peak level and $66.87 as the lowest level. The stock ended up at $67.5. The daily volume was measured at 7,864,256 shares. The 52-week high of the share price is $85.81 and the 52-week low is $65.5. The company has a market cap of $39,776 million.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *