Large Outflow of Money Witnessed in Hasbro

Hasbro (HAS) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($9.65 million) and the uptick to downtick ratio was 0.62. The transaction value on upticks was $15.83 million and on downticks, the transaction value was $25.48 million. The transaction value of block trades during downticks was $9.77 million. The money flow was negative ($9.77 million), indicating the traders were booking profit on the price strength. Hasbro (HAS) rose $0.75 at $86.25, during intraday Tuesday , a rise of 0.88% over the previous days close.


The company Insiders own 11.8% of Hasbro shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.05% . Institutional Investors own 80.74% of Hasbro shares. During last six month period, the net percent change held by insiders has seen a change of -13.73%. In an insider trading activity, Billing Duncan, officer (EVP, Chief Gbl Ops & Bus Dvpmt) of Hasbro Inc, unloaded 3,514 shares at an average price of $87.27 on May 26, 2016. The total amount of the transaction was worth $306,667, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Hasbro Inc. rose by 4.76% in the last five trading days and 0.38% for the last 4 weeks. Hasbro Inc. is up 7.19% in the last 3-month period. Year-to-Date the stock performance stands at 29.62%.

Hasbro (NASDAQ:HAS): stock turned positive on Tuesday. Though the stock opened at $85.74, the bulls momentum made the stock top out at $87 level for the day. The stock recorded a low of $85.74 and closed the trading day at $86.25, in the green by 0.88%. The total traded volume for the day was 1,083,432. The stock had closed at $85.5 in the previous days trading.

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 Companys 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

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.