Circle Internet Group CEO Jeremy Allaire sells $4.05M in stock

Federated Hermes CEO Saker Anwar Nusseibeh sold 5,700 shares of the company's Class B Common Stock on November 9, 2026, for a total of around $371,072. The shares were purchased at a weighted average price of $65.10 per share, with individual sales occurring between $64.64 and $65.54. This transaction took place as FHI stock is currently trading near its 52-week high of $67.38, with a 28% increase year-to-date.

Analysts note that the stock appears undervalued, appearing on the platform's Most Undervalued list with a Fair Value of $72.11. Following the sale, Mr. Nusseibeh retains ownership of 138,546 shares of Class B Common Stock in Federated Hermes, Inc.