Hims & Hers Chief Legal Officer Soleil Boughton Sells 6,236 Shares
The insider still retains significant holdings, valued at $8.5 million, despite the sale.
Soleil Boughton, Chief Legal Officer at Hims & Hers Health, recently sold 6,236 shares of the company's stock, according to an SEC Form 4 filing. The transaction occurred at a weighted average sale price of $27.86 per share, resulting in a total value of approximately $184,000. Following the sale, the market closed at $28 per share, indicating a post-transaction value of $28 per share for the shares sold.
Hims & Hers Health is a prominent digital health platform with a market capitalization of $6.5 billion and trailing twelve-month revenues of $2.6 billion. The company leverages technology and licensed medical professionals to provide integrated healthcare and wellness solutions on a large scale, giving it a competitive edge in the telehealth and direct-to-consumer healthcare market.
Despite currently operating at a net loss of $142 million over the trailing twelve months, Hims & Hers Health's substantial revenue base and increasing adoption of digital health services highlight its strategic position in the rapidly evolving healthcare industry.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
