The insider sales are small relative to market cap and likely reflect routine portfolio diversification following a strong earnings-driven stock rally. However, the cluster of senior executives selling immediately after a positive catalyst is a minor caution flag. Monitor for any follow-on Form 4 filings or a 10b5-1 plan disclosure. The stock's recent run-up may face profit-taking pressure in the near term.
Price Chart
Executive Summary
Three Hasbro insiders, including the CFO and two division presidents, sold a total of $2.27M in open-market shares within three days of the company's strong Q2 2026 earnings beat and raised guidance. While the sales are modest relative to Hasbro's $13.5B market cap (0.017%), the cluster of C-suite and senior executives selling immediately after a positive catalyst warrants attention, though the historical calibration on this ticker shows past bullish calls have underperformed significantly.
Key Financial Metrics
Key Facts
- Three insiders sold $2.27M in open-market shares over a 7-day window ending 2026-07-30.
- CFO Gina Goetter sold $1.05M; President of Toy, Lic & Ent Timothy Kilpin sold $1.86M (including derivative exercises); President of WOTC John Hight sold $299K.
- Sales occurred 7-9 days after Hasbro reported Q2 2026 revenue of $1.14B (+16% YoY), adjusted EPS of $1.28 (beat by 13.3%), and raised full-year guidance.
- Total insider sales represent ~0.017% of Hasbro's $13.5B market cap, well below the 0.1% materiality threshold.
- Historical calibration on HAS shows past bullish calls (score 7) produced an average T+20 alpha of -12.9%, suggesting the market has not rewarded positive reads on this ticker.
Financial Impact
Total insider sales of $2.27M represent 0.017% of market cap — trivial in absolute terms.
Risk Factors
- Insider sales may signal that management views the post-earnings rally as overdone.
- Historical calibration shows poor performance on prior bullish HAS calls, suggesting the market may not sustain the positive momentum.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HAS-1785485228189 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 13, 2026 7w ago | Insider Cluster | $96.70 $91.54 | ▼ −5.34% | ▼ −3.59% | $89.54 (−7.40%) |
Jul 31, 2026 9w ago | Insider Cluster | $93.94 $94.23 | ▲ +0.31% | ▼ −2.68% | $89.54 (−4.68%) |
Jul 30, 2026 9w ago | Insider Cluster | $94.53 $94.18 | ▼ −0.37% | ▼ −4.34% | $89.54 (−5.28%) |
Jul 29, 2026 9w ago | Insider Cluster | $95.17 $96.29 | ▲ +1.18% | ▼ −3.84% | $89.54 (−5.92%) |
Jul 27, 2026 9w ago | 8-K | $96.34 $96.74 | ▲ +0.42% | ▼ −2.97% | $89.54 (−7.06%) |
Jul 21, 2026 10w ago | 8-K | $88.78 $93.99 | ▲ +5.87% | ▲ +3.31% | $89.54 (+0.86%) |
Apr 23, 2026 23w ago | 8-K | $96.58 $88.60 | ▼ −8.26% | ▼ −12.90% | $89.54 (−7.29%) |
Apr 17, 2026 24w ago | DEFA14A | $97.15 $95.65 | ▼ −1.54% | ▼ −6.91% | $89.54 (−7.83%) |
US Market Status
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