Hasbro (NASDAQ:HAS) CFO Gina Goetter Sells 2,840 Shares of Company Stock

Hasbro, Inc. (NASDAQ:HAS) CFO Gina Goetter sold 2,840 shares of the company’s stock in a transaction on Tuesday, November 10th. The shares were sold at an average price of $121.04, for a total value of $343,753.60. Following the sale, the chief financial officer directly owned 69,737 shares of the company’s stock, valued at approximately $8,440,966.48. This represents a 3.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hasbro Price Performance

NASDAQ HAS opened at $121.48 on Friday. Hasbro, Inc. has a 1 year low of $74.78 and a 1 year high of $124.62. The stock’s 50-day moving average price is $101.05 and its two-hundred day moving average price is $93.86. The company has a market cap of $16.99 billion, a PE ratio of 17.32, a PEG ratio of 1.53 and a beta of 0.36. The company has a current ratio of 1.40, a quick ratio of 1.24 and a debt-to-equity ratio of 2.79.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $1.86 by $1.04. Hasbro had a net margin of 18.44% and a return on equity of 140.60%. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same period in the previous year, the company posted $1.68 EPS. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. On average, analysts predict that Hasbro, Inc. will post 7.03 EPS for the current year.

Hasbro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Wednesday, November 18th will be issued a dividend of $0.70 per share. The ex-dividend date is Wednesday, November 18th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.3%. Hasbro’s payout ratio is currently 41.85%.

Analyst Upgrades and Downgrades

HAS has been the subject of several research analyst reports. BNP Paribas Exane reissued an “outperform” rating and issued a $127.00 price objective (up from $116.00) on shares of Hasbro in a research note on Wednesday, October 21st. Roth Capital reaffirmed a “buy” rating on shares of Hasbro in a research note on Wednesday, October 21st. Zacks Research upgraded Hasbro from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 22nd. JPMorgan Chase & Co. reduced their price target on shares of Hasbro from $125.00 to $111.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Finally, Wells Fargo & Company raised their price target on shares of Hasbro from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.93.

Key Headlines Impacting Hasbro

Investors following HAS have been watching these headlines:

• Positive Sentiment: Zacks Research raised its fiscal 2026 EPS forecast to $7.17 from $6.11 and its fiscal 2027 estimate to $6.91 from $6.53, while lifting multiple quarterly forecasts. The firm maintains a Strong Buy rating. Analyst estimate revisions
• Neutral Sentiment: Hasbro shares had gained 28.6% over the prior month, outperforming its industry. The strong run reflects momentum but could also leave the stock more susceptible to profit-taking. Hasbro’s recent stock performance
• Negative Sentiment: CFO Gina Goetter sold 2,840 shares, worth about $344,000. The sale was made under a pre-arranged Rule 10b5-1 plan, and she retained nearly 69,737 shares, which may limit its significance. SEC filing

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new position in Hasbro during the second quarter valued at about $2,204,689,000. Bank of America Corp DE bought a new position in shares of Hasbro in the 2nd quarter valued at approximately $289,258,000. Amundi lifted its holdings in Hasbro by 21.1% in the 1st quarter. Amundi now owns 1,699,565 shares of the company’s stock worth $159,079,000 after purchasing an additional 296,277 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in Hasbro in the 2nd quarter worth approximately $130,731,000. Finally, Epoch Investment Partners Inc. boosted its position in Hasbro by 1.0% during the first quarter. Epoch Investment Partners Inc. now owns 1,174,077 shares of the company’s stock worth $109,894,000 after purchasing an additional 12,182 shares during the period. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Company Profile

Hasbro, Inc. is a global play and entertainment company that develops and sells toys, games and digital experiences, and licenses its brands for consumer products and entertainment. Its portfolio includes Transformers, Play-Doh, Nerf, Monopoly, My Little Pony, Magic: The Gathering and Dungeons & Dragons. Founded in 1923 as Hassenfeld Brothers, the company began as a family business before expanding into toys and games. Hasbro serves consumers in markets around the world through its products, licensing partnerships and digital offerings.