Insider at Iconic Retailer Dumps Stock Valued at Over $150,000, Following 70% Rally
Matthew A. Liegel, Chief Accounting Officer of Target Corporation, sold 926 shares valued at approximately $151,410 on August 21, 2026, following a 70% one-year stock rally. The sale represents a 7% reduction in his direct equity holdings, leaving him with $2.03 million in remaining shares. While insider sales can signal profit-taking after strong gains, the article notes such transactions are often routine and unrelated to company performance.
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