The EC of TJX Companies is Exercising Options

By Carrie Williams

Today it was reported that the EC of TJX Companies (TJXResearch Report), Carol Meyrowitz, exercised options to sell 216,640 TJX shares at $13.27 a share, for a total transaction value of $11.26M.

Following Carol Meyrowitz’s last TJX Sell transaction on March 02, 2018, the stock climbed by 11.3%. In addition to Carol Meyrowitz, 4 other TJX executives reported Sell trades in the last month.

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Based on TJX Companies’ latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $11.13 billion and quarterly net profit of $842 million. In comparison, last year the company earned revenue of $10.96 billion and had a net profit of $877 million. TJX’s market cap is $64.72B and the company has a P/E ratio of 21.54. Currently, TJX Companies has an average volume of 5.42M.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $55.56, reflecting a 6.6% upside.

The insider sentiment on TJX Companies has been negative according to 33 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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The TJX Cos., Inc. engages in the retail of off-price apparel and home fashion products. It operates through the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe.