Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Target Corp shares valued at $997,715 were sold by Gomez Richard H. on Sep 27 ’24. At $157.17 per share, Gomez Richard H. sold 6,348 shares. The insider’s holdings dropped to 123,551 shares worth approximately $15.96 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Gomez Richard H. purchased 6,348 shares, netting a total of over 997,716 in proceeds.
Before that, LIEGEL MATTHEW A had sold 1,000 shares from its account. In a trade valued at $153,130, the Chief Accounting Officer traded Target Corp shares for $153.13 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $0.94 million.
As published in a research note from Daiwa Securities on November 26, 2024, Target Corp [TGT] has been rated down from an Outperform to a Neutral and the price target has been revised to $130 from $170. Analysts at Telsey Advisory Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in late November. As of November 20, 2024, HSBC Securities has decreased its “Buy” rating to a “Hold” for TGT. Earlier on November 20, 2024, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for TGT stock which previously was a “a Buy”.
Analyzing TGT Stock Performance
During the last five days, there has been a drop of approximately -0.71%. Over the course of the year, Target Corp shares have dropped approximately -9.30%. Shares of the company reached a 52-week high of $181.86 on 04/01/24 and a 52-week low of $120.21 on 11/20/24. A 50-day SMA is recorded $147.36, while a 200-day SMA reached $153.08. Nevertheless, trading volume fell to 6.85 million shares from 0.21 million shares the previous day.
Support And Resistance Levels for Target Corp (TGT)
According to the 24-hour chart, there is a support level at 128.28, which, if violated, would cause prices to drop to 127.39. In the upper region, resistance lies at 130.28. The next price resistance is at 131.39. RSI (Relative Strength Index) is 37.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.62, which suggests the price will decrease in the coming days. Percent R is at 76.55%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
