Hasbro, Inc’s recently made public that its EVP & Chief Revenue Officer Austin Matthew Edward unloaded Company’s shares for reported $0.11 million on Nov 29 ’24. In the deal valued at $65.06 per share,1,718 shares were sold. As a result of this transaction, Austin Matthew Edward now holds 36,828 shares worth roughly $2.42 million.
Then, MATTHEW AUSTIN bought 1,718 shares, generating $111,782 in total proceeds.
Before that, Sibley Tarrant L. sold 13,000 shares. Hasbro, Inc shares valued at $783,442 were divested by the EVP, CLO and Corp Secretary at a price of $60.26 per share. As a result of the transaction, Sibley Tarrant L. now holds 53,003 shares, worth roughly $3.49 million.
Citigroup upgraded its Hasbro, Inc [HAS] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who remained covering the stock and in mid September has reiterated a ‘”a Buy”‘ rating for it. BofA Securities also remained covering HAS and has increased its forecast on June 14, 2024 with a “Buy” recommendation from previously “Neutral” rating. JP Morgan revised its rating on May 23, 2024. It rated HAS as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of HAS
On Tuesday, Hasbro, Inc [NASDAQ:HAS] saw its stock jump 0.41% to $65.83. Over the last five days, the stock has gained 8.06%. Hasbro, Inc shares have risen nearly 17.74% since the year began. Nevertheless, the stocks have risen 7.88% over the past one year. While a 52-week high of $73.46 was reached on 02/20/25, a 52-week low of $49.00 was recorded on 04/09/25. SMA at 50 days reached $59.19, while 200 days put it at $63.16.
Levels Of Support And Resistance For HAS Stock
The 24-hour chart illustrates a support level at 65.12, which if violated will result in even more drops to 64.42. On the upside, there is a resistance level at 66.56. A further resistance level may holdings at 67.30. The Relative Strength Index (RSI) on the 14-day chart is 68.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.64%. Stochastics %K at 92.32% indicates the stock is a selling.
The most recent change occurred on April 25, 2024 when Monness Crespi & Hardt resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $75.
