Hasbro (NASDAQ:HAS) CEO Christian Cocks Sells 181,581 Shares

Hasbro, Inc. (NASDAQ:HAS) CEO Christian Cocks sold 181,581 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $103.86, for a total value of $18,859,002.66. Following the transaction, the chief executive officer owned 249,861 shares of the company’s stock, valued at $25,950,563.46. This trade represents a 42.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Hasbro Price Performance

Shares of HAS traded up $0.12 on Tuesday, hitting $102.57. The company’s stock had a trading volume of 750,138 shares, compared to its average volume of 2,126,851. The company has a market capitalization of $14.39 billion, a PE ratio of -43.63, a PEG ratio of 1.79 and a beta of 0.56. Hasbro, Inc. has a fifty-two week low of $49.00 and a fifty-two week high of $106.98. The company has a debt-to-equity ratio of 4.89, a current ratio of 1.38 and a quick ratio of 1.24. The company has a 50 day moving average price of $87.93 and a 200 day moving average price of $81.35.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.52. Hasbro had a positive return on equity of 127.21% and a negative net margin of 6.86%.The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the company earned $0.46 earnings per share. The company’s revenue was up 31.3% on a year-over-year basis. On average, research analysts anticipate that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, February 18th. Hasbro’s dividend payout ratio is currently -119.15%.

Institutional Investors Weigh In On Hasbro

Hedge funds and other institutional investors have recently bought and sold shares of the business. Huntington National Bank raised its stake in Hasbro by 10.2% during the 4th quarter. Huntington National Bank now owns 1,233 shares of the company’s stock valued at $101,000 after buying an additional 114 shares during the last quarter. Personal CFO Solutions LLC raised its position in shares of Hasbro by 3.9% during the 4th quarter. Personal CFO Solutions LLC now owns 3,666 shares of the company’s stock worth $301,000 after purchasing an additional 137 shares during the last quarter. Signaturefd LLC boosted its position in Hasbro by 6.4% during the fourth quarter. Signaturefd LLC now owns 2,268 shares of the company’s stock worth $186,000 after acquiring an additional 137 shares during the last quarter. United Capital Financial Advisors LLC grew its holdings in Hasbro by 2.2% in the 3rd quarter. United Capital Financial Advisors LLC now owns 6,500 shares of the company’s stock valued at $493,000 after buying an additional 139 shares in the last quarter. Finally, Clarius Group LLC increased its holdings in shares of Hasbro by 0.6% during the 3rd quarter. Clarius Group LLC now owns 23,283 shares of the company’s stock worth $1,766,000 after buying an additional 146 shares during the last quarter. Hedge funds and other institutional investors own 91.83% of the company’s stock.

More Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: New product and franchise activity — Hasbro rolled out multiple collectible figure waves (Marvel Legends, Black Widow/Quicksilver/Bullseye line, Professor Hulk / Iron Spider and Star Wars: The Mandalorian/Grogu Vintage/Black Series) and an exclusive Peppa Pig toy drop; these launches and continued franchise activations support near-term retail momentum and licensing visibility. Professor Hulk and Aaron Davis Iron Spider Marvel Legends Series figures unveiled by Hasbro Hasbro reveals new Marvel Legends Series figures Star Wars: The Mandalorian and Grogu Vintage Collection and Black Series figures revealed by Hasbro Hasbro quietly dropped a new Peppa Pig toy
• Positive Sentiment: Brand marketing/events — Hasbro announced a Transformers 40th‑anniversary initiative (“The Apology Tour”), which can boost awareness and collectible sales tied to anniversaries. Hasbro announces “The Apology Tour”
• Neutral Sentiment: Short-interest report shows confusing/zeroed data for February (no meaningful short-interest signal reported); treat as ambiguous until clarified by exchanges/filings.
• Negative Sentiment: Revenue/growth flag for MTG — A report says Hasbro reduced sales expectations for upcoming Magic: The Gathering crossover sets to single‑digit revenue growth, indicating weaker demand for a high‑profile product lineup and a potential near‑term hit to trading‑card segment revenue. Hasbro loses faith in upcoming ‘Magic: The Gathering’ crossover sets
• Negative Sentiment: Major insider selling — CEO Christian P. Cocks sold 181,581 shares (~$18.9M) and cut his stake by ~42% (SEC filing). Large CEO sales can weigh on sentiment even if pre‑planned. CEO Form 4 filing
• Negative Sentiment: Additional insider exits — CFO and EVP stock sales were reported (multi‑million dollar dispositions), and EVP Timothy J. Kilpin sold 7,773 shares (~$800k). Multiple senior‑management sales in close succession amplify negative investor interpretation. Hasbro CFO Sells Insider Selling: EVP Sells Timothy J. Kilpin Form 4

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Wolfe Research upped their price target on shares of Hasbro from $90.00 to $124.00 and gave the company an “outperform” rating in a research report on Friday. Seaport Research Partners upgraded shares of Hasbro to a “strong-buy” rating in a report on Monday, November 10th. DA Davidson increased their target price on shares of Hasbro from $80.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 11th. Citigroup boosted their target price on shares of Hasbro from $97.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Jefferies Financial Group upped their target price on shares of Hasbro from $95.00 to $112.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $113.73.

About Hasbro

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.