Hasbro CEO Christian Cocks Sells 19,000 Shares at $78.9 Each

Hasbro, Inc. (HAS) has announced that Christian P. Cocks, the company's Director and Chief Executive Officer, has executed a transaction involving the sale of 19,000 shares at a price of $78.9 per share on August 21, 2025. Additionally, Mr. Cocks has sold an additional 8,800 shares at a price of $78.97 per share on the same date.

Hasbro Inc. (NASDAQ: HAS), a leading toy and entertainment company, has seen its stock reach a new 52-week high, hitting $82.02 on July 1, 2025. This significant milestone reflects a robust performance, with the stock delivering a year-to-date return of 46.34% and maintaining a steady 3.53% dividend yield. The company's impressive gross profit margin of 63.3% and analyst price targets reaching $95 underscore its resilience and growth potential in a competitive industry [1].

In recent developments, Hasbro Inc. reported strong second-quarter 2025 earnings, significantly surpassing expectations. The company achieved an earnings per share (EPS) of $1.30, well above the anticipated $0.78, and revenue of $980.8 million, exceeding forecasts by 12.14% [1].

On August 21, 2025, Christian P. Cocks, the company's Director and Chief Executive Officer, executed a transaction involving the sale of 19,000 shares at a price of $78.9 per share, and an additional 8,800 shares at a price of $78.97 per share on the same date. This transaction indicates a potential shift in the company's executive leadership or a strategic move to manage insider ownership and liquidity [2].

Despite these positive developments, Hasbro’s stock experienced a slight dip in pre-market trading. Analysts remain optimistic about the company's future performance, with several firms adjusting their outlooks following the strong earnings report. UBS raised its price target to $88, citing the company’s gaming strength and increased its earnings per share estimates for 2025 and 2026. Citi increased its price target to $91, highlighting the strength of Hasbro’s Wizards of the Coast division. DA Davidson adjusted its price target to $80, noting that recent trade deals have mitigated tariff impacts, though they cautioned about rising costs in the third quarter [1].

References:
[1] https://www.investing.com/news/company-news/hasbro-stock-hits-52week-high-at-8202-usd-93CH-4207474
[2] https://www.investing.com/news/company-news/hasbro-stock-hits-52week-high-at-8202-usd-93CH-4207474