The CEO & President of TJX Companies is Exercising Options


Today, the CEO & President of TJX Companies, Ernie Herrman, exercised options of TJX Companies (NYSE: TJX) for $2.38M.

Following Ernie Herrman’s last TJX Sell transaction on March 15, 2018, the stock climbed by 6.9%.

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Based on TJX Companies’ latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $8.69 billion and quarterly net profit of $716 million. In comparison, last year the company earned revenue of $7.78 billion and had a net profit of $536 million. TJX’s market cap is $55.2B and the company has a P/E ratio of 20.20. Currently, TJX Companies has an average volume of 3M.

Based on 16 analyst ratings, the analyst consensus is Strong Buy with an average price target of $93.50, reflecting a -6.5% downside.

The insider sentiment on TJX Companies has been negative according to 38 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Ernie Herrman’s trades have generated a -21.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.

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