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Top Executive Cashes Out Millions in TJX Stock Sale!

Top Executive Cashes Out Millions in TJX Stock Sale!

New insider activity at TJX Companies ( (TJX) ) has taken place on March 8, 2025.

CEO & President Ernie Herrman recently sold 23,428 shares of TJX Companies stock, amounting to a total transaction value of $2,882,346.

Recent Updates on TJX stock

In the past 24 hours, TJX Companies has experienced notable developments, including a price target increase by BMO Capital to $145, driven by a strong fourth-quarter performance that exceeded expectations in sales and earnings per share. The company’s robust financial health, characterized by significant cash flow and shareholder returns, and its strategic expansion plans, including opening new stores, contributed to this positive outlook. UBS also highlighted TJX as a growth stock with potential to capture market share from department store peers, further supporting its favorable market position. However, some bearish sentiment was noted in options trading, with a high put/call ratio, reflecting concerns over potential profit margin declines and challenges from foreign exchange rates and tariffs.

More about TJX Companies

YTD Price Performance: 0.17%

Average Trading Volume: 4,872,364

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $138.3B

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