A Target Corp. executive sold 15,500 common shares on August 24, 2026, generating approximately $2.63 million in proceeds at prices ranging from $169.93 to $170.00 per share. The volume-weighted average sale price was $169.956, according to regulatory filings.
The disposal leaves Melissa Kremer with 56,981 Target shares following the transaction, a position that includes reinvested dividend equivalents from restricted stock units and performance-based awards. Kremer serves as the company’s chief growth officer.
The sale took place as Target’s stock approached its 52-week high of $170.75, following a 74% increase over the prior 12 months. Analysts at UBS, Guggenheim, and TD Cowen recently raised their price targets on the retailer, citing strong comparable sales growth. UBS set a new target of $185 with a Buy rating, while Guggenheim lifted its target to $175, also maintaining a Buy. TD Cowen raised its target to $160, matching a similar adjustment from BMO Capital, both citing 3.8% comparable sales growth.
Mizuho maintained a more conservative stance with a $150 target, acknowledging the stock’s recent appreciation since late 2025. Target’s shares were trading near fair value estimates of $163.43, according to InvestingPro analysis.
