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Hasbro EVP & CFO Gina Goetter sells $343,754 in company stock

Hasbro EVP & CFO Gina Goetter sells $343,754 in company stock

Hasbro's Executive Vice President and Chief Financial Officer, Gina Goetter, sold a significant amount of company stock worth $343,754 on November 10, 2026. This sale was carried out under a pre-established Rule 10b5-1 trading plan that she established on August 3, 2026. The transactions consisted of multiple trades involving Hasbro common stock.

Goetter sold 600 shares at a weighted average price of $119.7468 per share, ranging from $119.0300 to $120.0100. Another 300 shares were sold at a weighted average price of $120.0967, with prices between $120.0600 and $120.1700. The majority of the sale, 1,940 shares, were executed at a weighted average price of $121.5864, with individual transactions falling between $121.0600 and $121.9300.

The timing of these sales coincided with Hasbro stock trading near its 52-week high of $124.62, having generated a 60% return over the past year. Analysis suggests that the stock is currently overvalued relative to its intrinsic value, placing it among companies on the most overvalued list. Goetter still holds 69,737 shares of Hasbro common stock personally.

In other news, Hasbro reported impressive third-quarter results, exceeding analysts' expectations for both earnings and revenue. Adjusted earnings per share reached $2.90, a substantial improvement over the expected $1.86. Revenue amounted to $1.59 billion, surpassing the forecasted $1.48 billion. The company's strong performance was attributed to increased sales, enhanced margins, and tariff refunds.

Consequently, Hasbro increased its full-year guidance. UBS has also boosted its price target for Hasbro to $137, maintaining a Buy rating. Analyst Arpine Kocharyan from UBS highlighted the company's remarkable earnings growth of over 70% in two years, adjusted for a tariff refund. These recent developments underscore Hasbro's positive outlook. This report was generated with AI assistance and reviewed by a human editor.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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