Friday, August 11, 2017 10:15 PM ET
Hasbro (HAS) Insider Makes Significant Share Sale
There was a substantial sale of shares of Hasbro by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Alan G Hassenfeld, 10% Owner and Director — sold 152,341 shares in the company having a market value of approximately $15,310,813. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 497,757 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 650,098 shares and have averaged 325,049 shares per transaction over this time period.
The number of buy-sell trades for Hasbro is close to that of the 7 member peer company average. The Toys & Juvenile Products peer group saw 15 buy/sell trades during this period for an average of 2.1 transactions per company. However, the number of shares per buy/sell trade transacted by Hasbro insiders is higher. Within the peer group there were 729,765 shares purchased and 594,768 shares sold with company insiders purchasing 12,272 shares on average.
To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data used to evaluate and write this story.
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