Insider Selling: Hasbro (NASDAQ:HAS) Director Sells $89,425.38 in Stock

Hasbro, Inc. (NASDAQ:HAS) Director Elizabeth Hamren sold 989 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $90.42, for a total transaction of $89,425.38. Following the sale, the director directly owned 11,871 shares in the company, valued at approximately $1,073,375.82. This represents a 7.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Elizabeth Hamren also recently made the following trade(s):

• On Friday, August 7th, Elizabeth Hamren sold 1,975 shares of Hasbro stock. The stock was sold at an average price of $92.84, for a total transaction of $183,359.00.

Hasbro Stock Performance

Shares of Hasbro stock opened at $96.70 on Friday. The company has a 50-day moving average of $86.09 and a two-hundred day moving average of $91.10. Hasbro, Inc. has a 12-month low of $69.50 and a 12-month high of $106.98. The company has a current ratio of 1.66, a quick ratio of 1.46 and a debt-to-equity ratio of 4.16. The stock has a market cap of $13.64 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.77 and a beta of 0.47.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.16 by $0.12. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. Hasbro had a return on equity of 141.11% and a net margin of 15.97%.The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.30 EPS. On average, research analysts anticipate that Hasbro, Inc. will post 6.15 EPS for the current fiscal year.

Hasbro Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.80 annualized dividend and a yield of 2.9%. Hasbro’s payout ratio is currently 50.36%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on HAS shares. Weiss Ratings upgraded Hasbro from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Wells Fargo & Company decreased their price objective on shares of Hasbro from $92.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 9th. Citigroup reissued a “buy” rating on shares of Hasbro in a research note on Thursday, July 23rd. UBS Group restated a “buy” rating and set a $120.00 target price on shares of Hasbro in a research report on Monday, July 27th. Finally, Bank of America reduced their price target on shares of Hasbro from $115.00 to $105.00 and set a “buy” rating on the stock in a report on Thursday, July 16th. Twelve analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Hasbro currently has an average rating of “Moderate Buy” and an average target price of $109.07.

Institutional Trading of Hasbro

Several institutional investors and hedge funds have recently made changes to their positions in HAS. BlackRock Inc. purchased a new stake in Hasbro during the 2nd quarter worth about $2,204,689,000. Norges Bank purchased a new position in Hasbro in the 4th quarter valued at about $147,748,000. Bank of America Corp DE boosted its stake in shares of Hasbro by 128.7% during the 2nd quarter. Bank of America Corp DE now owns 2,981,423 shares of the company’s stock worth $220,089,000 after purchasing an additional 1,677,962 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Hasbro during the 2nd quarter worth about $130,731,000. Finally, AQR Capital Management LLC boosted its stake in shares of Hasbro by 47.3% during the 4th quarter. AQR Capital Management LLC now owns 4,357,147 shares of the company’s stock worth $357,286,000 after purchasing an additional 1,399,499 shares during the last quarter. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Higher long-term earnings forecasts: Zacks Research raised its FY2027 EPS estimate to $6.53 from $6.32 and its FY2028 estimate to $7.08 from $6.87. Its Q1 2028 forecast also increased to $1.45 from $1.39. The revisions suggest improving expectations for Hasbro’s future profitability, although Zacks maintained a “Hold” rating. Zacks Research Has Bearish Estimate for Hasbro Q3 Earnings
• Positive Sentiment: Strong recent operating performance: Hasbro’s latest reported quarter exceeded expectations, with EPS of $1.28 versus a $1.16 consensus estimate and revenue of $1.14 billion versus $1.07 billion expected. Revenue increased 16.2% year over year, providing a favorable fundamental backdrop.
• Positive Sentiment: Peppa Pig marketing push: Hasbro is bringing Mummy Pig back to Kylie Kelce’s podcast to reach millennial parents. The campaign could strengthen engagement with the Peppa Pig franchise and support consumer-products demand, though the immediate financial impact is uncertain. Mummy Pig Returns to Kylie Kelce’s Podcast
• Positive Sentiment: Dividend support: Hasbro declared a quarterly dividend of $0.70, equivalent to $2.80 annually and a yield of approximately 2.9%. The dividend may appeal to income-focused investors, with the next payment scheduled for September 2 to shareholders of record August 19.
• Neutral Sentiment: Brand visibility: Hasbro’s “Toddler of the Year” contest generated local media attention, but the initiative is unlikely to materially affect near-term earnings or valuation. Athens 3-year-old semi-finalist in Hasbro’s Toddler of the Year contest
• Negative Sentiment: Third-quarter caution: Zacks Research issued a bearish estimate for Hasbro’s Q3 earnings. The report did not provide the specific forecast, but the warning raises concern about near-term operating momentum and could temper the positive effect of higher longer-term estimates.
• Negative Sentiment: Director selling: Director Elizabeth Hamren sold a combined 2,964 shares for approximately $272,784 in two transactions. The sales reduced her holdings by 7.69% and 16.64%, respectively. Insider selling does not necessarily indicate weaker fundamentals, but it may weigh modestly on investor sentiment. SEC insider trading filing

Hasbro Company Profile

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.