Targa Resources TRGP
$264.59 −$7.23 (-2.66%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $264.59 0.00%
Open$273.06
Prev close$271.82
Day range$263.74 – $274.61
Volume2.61M
Market cap$56.77B
P/E (TTM)23.4
Dividend yield1.70%
Ownership & positioning
Who holds it, who is betting against it, and where the big money is moving
Institutional ownership98.6%+0.24 pts vs. prior quarter
Institutions holding1,308+24 vs. prior quarter
Insider trades (recent)16 buys / 32 sellsNet selling
Short interest2.61% of floatDays to cover 5.3 · as of 15 Oct 2026
Short-sale volume share17.4%5-day average of daily volume
Short-sale volume as % of daily volume
Large-order net flow, last 20 sessions
Net of large-order buying minus selling, in USD. Over this window: +$28.52M (12 inflow days, 8 outflow days).
Net flow by order size, last 20 sessions
Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.
The five largest holders on file together own 35.5% of shares outstanding.
Largest holders
By investor type
Reported short interest has risen from 2.14% to 2.61% of float over the last 6 biweekly reports (31 Jul 2026 to 15 Oct 2026).
Recent institutional activity
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Deka Investment GmbH | Mutual Fund | 2026/Q3 | +506,563 | 0.3% |
| Ontario Teachers' Pension Plan Board | Government Pension Fund | 2026/Q3 | +820,971 | 0.4% |
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +626,885 | 6.6% |
| RREEF America L.L.C. | Mutual Fund | 2026/Q3 | +583,977 | 1.1% |
| FMR | Mutual Fund | 2026/Q3 | +403,776 | 1.4% |
| Invesco Ltd. | Mutual Fund | 2026/Q3 | +364,405 | 1.0% |
| Morgan Stanley | Public Company | 2026/Q3 | +305,081 | 0.9% |
| Healthcare of Ontario Pension Plan Trust Fund | Government Pension Fund | 2026/Q3 | +298,938 | 0.1% |
| Marshall Wace LLP | Hedge Fund | 2026/Q3 | +297,700 | 0.1% |
| BlackRock | Mutual Fund | 2026/Q3 | +291,114 | 9.7% |
| Strategic Advisers LLC | Mutual Fund | 2026/Q3 | +261,506 | 0.2% |
| Harvest Fund Advisors LLC | Mutual Fund | 2026/Q3 | +255,183 | 1.7% |
| Mirae Asset Global Investments Co., Ltd | Mutual Fund | 2026/Q3 | +250,414 | 0.4% |
| Norges Bank Investment Management | Sovereign Wealth Fund | 2026/Q3 | +228,409 | 2.0% |
| Holocene Advisors, LP | Hedge Fund | 2026/Q3 | +222,131 | 0.1% |
Institutional buy/sell activity by reporting period, largest moves first.
Insider transactions
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 2 Sep 2026 | Joe Perkins | Independent Director | Other Disposition | -8,370 | – | 150,661 |
| 31 Aug 2026 | Paul Chung | Chairperson | Open Market Disposition | -1,816 | $297.00 | 507,806 |
| 31 Aug 2026 | Brent Secrest | President of Logistics & Transportation | Other Acquisition | +10,000 | – | 12,500 |
| 31 Aug 2026 | Brent Secrest | President of Logistics & Transportation | Initial Statement of Beneficial | +0 | – | 2,500 |
| 25 Aug 2026 | Paul Chung | Chairperson | Intent to Sell (Form 144) | -5,816 | $286.91 | – |
| 24 Aug 2026 | Charles Crisp | Independent Director | Other Disposition | -1,200 | – | 62,292 |
| 24 Aug 2026 | Charles Crisp | Independent Director | Open Market Disposition | -3,000 | $290.23 | 62,292 |
| 20 Aug 2026 | Waters Davis | Independent Director | Open Market Disposition | -2,400 | $303.81 | 6,083 |
| 19 Aug 2026 | Paul Chung | Chairperson | Other Disposition | -1,000 | – | 509,622 |
| 19 Aug 2026 | Waters Davis | Independent Director | Intent to Sell (Form 144) | -2,400 | $302.25 | – |
| 17 Aug 2026 | Robert Muraro | Chief Commercial Officer | Other Acquisition | +20,000 | – | 217,401 |
| 31 Jul 2026 | Gerald Shrader | General Counsel | Sale to Issuer | -1,718 | $270.37 | 33,373 |
| 31 Jul 2026 | John Eklof | Chief Accounting Officer | Sale to Issuer | -578 | $270.37 | 13,508 |
| 31 Jul 2026 | Benjamin Branstetter | Chief Financial Officer | Sale to Issuer | -1,346 | $270.37 | 27,942 |
| 20 Jul 2026 | Thomas Mathiasmeier | Director | Other Acquisition | +477 | – | 477 |
| 13 May 2026 | Matthew Meloy | Chief Executive Officer | Other Disposition | -15,000 | – | 712,291 |
| 11 May 2026 | Charles Crisp | Independent Director | Open Market Disposition | -10,602 | $255.96 | 66,492 |
| 11 May 2026 | Paul Chung | Chairperson | Other Disposition | -6,000 | – | 510,622 |
| 4 Mar 2026 | Robert Muraro | Chief Commercial Officer | Open Market Disposition | -24,589 | $241.34 | 197,401 |
| 1 Mar 2026 | Patrick McDonie | President of Gathering & Processing | Open Market Disposition | -31,537 | $240.25 | 305,163 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
Short interest, by report
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 5,592,185 | 2.6% | 5.3 |
| 30 Sep 2026 | 5,304,246 | 2.5% | 4.0 |
| 15 Sep 2026 | 5,650,628 | 2.6% | 6.4 |
| 31 Aug 2026 | 5,366,594 | 2.5% | 3.6 |
| 14 Aug 2026 | 4,961,455 | 2.3% | 4.4 |
| 31 Jul 2026 | 4,596,420 | 2.1% | 4.0 |
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