The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Target Corp shares valued at $5,101,488 were sold by Cornell Brian C on Mar 11 ’25. At $113.37 per share, Cornell Brian C sold 45,000 shares. The insider’s holdings dropped to 258,843 shares worth approximately $24.0 million following the completion of this transaction.
Also, Cornell Brian C purchased 45,000 shares, netting a total of over 7,700,000 in proceeds.
Before that, LIEGEL MATTHEW A had sold 287 shares from its account. In a trade valued at $32,580, the Chief Accounting Officer traded Target Corp shares for $113.52 each. Upon closing the transaction, the insider’s holdings decreased to 287 shares, worth approximately $0.67 million.
As published in a research note from Robert W. Baird on April 07, 2025, Target Corp [TGT] has been rated down from an Outperform to a Neutral and the price target has been revised to $110. Analysts at Telsey Advisory Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in early March. As of February 13, 2025, Gordon Haskett has decreased its “Buy” rating to a “Hold” for TGT. Earlier on November 26, 2024, Daiwa Securities downgraded its rating. Their new recommendation was “a Neutral” for TGT stock which previously was a “an Outperform”.
Analyzing TGT Stock Performance
During the last five days, there has been a drop of approximately -1.67%. Over the course of the year, Target Corp shares have dropped approximately -31.42%. Shares of the company reached a 52-week high of $145.08 on 01/28/25 and a 52-week low of $87.35 on 04/08/25. A 50-day SMA is recorded $115.85, while a 200-day SMA reached $137.83.
Support And Resistance Levels for Target Corp (TGT)
According to the 24-hour chart, there is a support level at 89.67, which, if violated, would cause prices to drop to 86.64. In the upper region, resistance lies at 95.87. The next price resistance is at 99.04. RSI (Relative Strength Index) is 34.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.53, which suggests the price will decrease in the coming days. Percent R is at 74.96%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
