The insider sales are routine in size and timing relative to a strong earnings beat. No bearish signal — ignore. Monitor next 10-Q for any acceleration in insider selling patterns.
Price Chart
Executive Summary
Two TGT executive officers sold a combined $7.62M in open-market sales within a week of a strong Q1 earnings beat and raised guidance. The sales represent ~0.013% of market cap, well below the 0.1% materiality threshold, and are likely routine portfolio diversification following a 17% EPS beat that drove the stock up ~5% since earnings. The cluster is not informative per the academic literature on insider sales.
Key Financial Metrics
Key Facts
- Two executive officers sold a total of 59,000 shares for $7.62M in open-market transactions from May 27-29, 2026.
- Sales represent approximately 0.013% of TGT's $57.7B market cap, well below the 0.1% materiality threshold.
- The cluster follows a strong Q1 2026 earnings beat (EPS $1.71 vs $1.46 consensus, +17%) and raised full-year guidance.
- Insider sales are weak predictors of future returns per academic literature, especially when clustered around earnings beats.
Financial Impact
Total insider sales of $7.62M, representing 0.013% of market cap — immaterial relative to company size.
Risk Factors
- Insider sales could accelerate if the stock continues to rally post-earnings, but current volume is trivial.
- No fundamental risk identified from this cluster alone.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TGT-1780348195327 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 2d ago | ANALYST-UPGRADE | — | awaiting T+20 | — | — |
Aug 27, 2026 5w ago | Insider Cluster | $163.18 $158.43 | ▼ −2.91% | ▼ −3.17% | $155.28 (−4.84%) |
Aug 26, 2026 5w ago | Insider Cluster | $164.04 $156.15 | ▼ −4.81% | ▼ −5.04% | $155.28 (−5.34%) |
Aug 19, 2026 6w ago | 8-K | $159.00 $159.83 | ▲ +0.52% | ▲ +2.47% | $155.28 (−2.34%) |
Jul 20, 2026 10w ago | Press Release | $139.59 $151.01 | ▲ +8.18% | ▲ +4.06% | $155.28 (+11.24%) |
Jun 12, 2026 15w ago | 8-K | $133.17 $134.77 | ▲ +1.20% | ▲ +1.95% | $155.28 (+16.60%) |
Jun 11, 2026 16w ago | Institutional Cluster | $132.64 $132.27 | ▼ −0.28% | ▼ −2.17% | $155.28 (+17.07%) |
Jun 1, 2026 17w ago | Insider Cluster | $123.14 $130.29 | ▲ +5.81% | ▲ +7.63% | $155.28 (+26.10%) |
May 20, 2026 19w ago | ANALYST-DOWNGRADE | $122.31 $127.81 | ▲ +4.50% | ▲ +4.54% | $155.28 (+26.96%) |
May 20, 2026 19w ago | 8-K | $122.31 $127.81 | ▲ +4.50% | ▲ +4.54% | $155.28 (+26.96%) |
US Market Status
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