Hasbro Inc (HAS) Files Form 4 Insider Selling : Brian Goldner Sells 205,000 Shares

Hasbro Inc (HAS): Brian Goldner , President, CEO & Chairman of Hasbro Inc sold 205,000 shares on Apr 20, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $86.11 per share for a total value of $17684246 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Wiebe Tinga (EVP & Chief Commerical Officer) sold 28,844 shares at $86.08 per share price.On Mar 2, 2016, Duncan Billing (EVP, Chief Global Operations) sold 10,872 shares at $76.09 per share price.Also, On Feb 25, 2016, Brian Goldner (President, CEO & Chairman) sold 130,000 shares at $74.47 per share price.On Feb 22, 2016, Alan G Hassenfeld (director) sold 585,000 shares at $72.36 per share price.

Hasbro: On Wednesday, Apr 20, 2016 heightened volatility was witnessed in Hasbro which led to swings in the share price. The shares opened for trading at $86 and hit $87.15 on the upside , eventually ending the session at $86.8, with a gain of 0.35% or 0.3 points. The heightened volatility saw the trading volume jump to 11,96,737 shares. The 52-week high of the share price is $88.53 and the company has a market cap of $10,832 M . The 52-week low of the share price is at $60.38.

Hasbro Money Flow Index Chart

On Feb 8, 2016, Hasbro announced a cash dividend of $0.5100. The company’s management has announced Apr 28, 2016 as the ex-dividend date and fixed the record date on May 2, 2016. The payable date has been fixed on May 16, 2016.

Company has been under the radar of several Street Analysts.Hasbro is Reiterated by Monness Crespi & Hardt to Buy and the brokerage firm has raised the Price Target to $ 93 from a previous price target of $84 .The Rating was issued on Apr 19, 2016.Hasbro is Initiated by JP Morgan to Neutral and the brokerage firm has set the Price Target at $81. The Rating was issued on Apr 7, 2016.Hasbro is Reiterated by Piper Jaffray to Overweight and the brokerage firm has raised the Price Target to $ 84 from a previous price target of $83 .The Rating was issued on Mar 31, 2016.Hasbro is Initiated by UBS to Neutral and the brokerage firm has set the Price Target at $83. The Rating was issued on Mar 24, 2016.Hasbro is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 73 from a previous price target of $62 .The Rating was issued on Feb 9, 2016.

Hasbro Inc. (Hasbro) through its wholly owned Hasbro Studios LLC (Hasbro Studios) creates entertainment brand storytelling across mediums including television film and among others. Its brand blueprint involves re-imagining re-inventing and re-igniting its owned and controlled brands and imagining inventing and igniting new brands through toy and game innovation immersive entertainment offerings including television programming and motion pictures and a range of products ranging from traditional to digital. The Company markets its brands under product categories which include boys games girls and preschool toys. The Company’s business operations include United States Canada International Entertainment and Licensing. Its global operations include arranging product manufacturing and sourcing for the United States and Canada and International operations. Its brands include LITTLEST PET SHOP MONOPOLY MY LITTLE PONY NERF PLAY-DOH and TRANSFORMERS.

Leave a Reply

Hasbro - Is it time to Sell?

Top Brokerage Firms are advising their investors on Hasbro. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.