Inside Buy At Target

As Target (TGT, quote) continues to defend itself over the one the larger hacks for consumer data and the perceived delay in reporting the hack we find an insider, Roxanne Austin purchasing 10,000 shares on June 2 bringing her total share count to 21,971 shares. Reports indicate the value of the shares is $567,000

target-logo1Shares have been clawing its way back as Target attempts to put the data breach behind itself in serious of moves.

Most notably was the changing of the guard at the CEO position as Target attempts to recover consumer and investor confidence.

With a market cap of under 20 billion dollars and forward P/E 15.52 and dividend yield of 2.98% Target is in-line with industry averages.

The stock price has underperformed both the S&P 500 (SPY, quote) and its main competitor Wal-Mart (WMT, quote) for the first half of the year could see further upside as the stock price approaches pre-data breach levels.

Be sure to login into your account to see how we plan to play Target’s recover.