Trade Alert: The Chief Accounting Officer Of Target Corporation (NYSE:TGT), Matthew Liegel, Has Sold Some Shares Recently

Anyone interested in Target Corporation (NYSE:TGT) should probably be aware that the Chief Accounting Officer, Matthew Liegel, recently divested US$213k worth of shares in the company, at an average price of US$174 each. That sale was 30% of their holding, so it does make us raise an eyebrow.

If you're not interested in researching TGT's insider transactions, we have a free list of interesting investing ideas to potentially inspire your next investment!

Target Insider Transactions Over The Last Year

The insider, Robert Harrison, made the biggest insider sale in the last 12 months. That single transaction was for US$453k worth of shares at a price of US$218 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$162. So it is hard to draw any strong conclusion from it.

In the last year Target insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does Target Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Target insiders own about US$182m worth of shares (which is 0.2% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Target Tell Us?

An insider hasn't bought Target stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 4 warning signs for Target you should know about.

Of course Target may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.