Target Stock Surges to 83rd in Trading Volume Ranking with $966 Million in Shares Traded

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 10, 2025 7:55 pm ET1min read

On June 10, 2025,

(TGT) saw a significant increase in trading volume, with a total of $966 million in shares traded, marking a 56.57% rise from the previous day. This surge placed Target at the 83rd position in terms of trading volume for the day. The stock price of Target also rose by 3.51%, marking the third consecutive day of gains, with a total increase of 7.75% over the past three days.

Target's net sales for the year decreased to $23.8 billion from $24.5 billion. However, digital sales saw a 4.7% increase, and same-day delivery services experienced a 35% growth.

Despite recent challenges, Target remains an attractive investment opportunity. The company's intrinsic value is estimated to be $161.71, indicating that the stock is currently undervalued.

Target's stock has faced a decline of 13.7% over the past three months, contrasting with the industry's growth of 8.6%. This decline has been attributed to various factors, including market volatility and investor sentiment.

Target's stock price experienced a 2.9% increase, driven by a significant insider sale. The stock was sold at an average price of $96.18, totaling $4,328,100.00. Following the sale, the insider now owns 246,453 shares.

Target has been one of the most disappointing retail stocks in recent years. Over the last three years, the stock price has fallen by 39%, reflecting broader market trends and specific challenges faced by the company.

Comments



Add a public comment...
No comments

No comments yet