Carla Vernon Acquires Shares in Hasbro
Carla Vernon bought 2,224 shares of Hasbro on June 11, 2026.
Key Points
- Carla Vernon bought 2,224 shares of Hasbro on June 11, 2026, with shares trading at $83.90.
- Hasbro shares have a 52-week range from $73.50 to $94.20 and a beta of 1.2.
- Analysts from Wells Fargo and Citigroup maintained their ratings with targets of $85 and $114, respectively.
Carla Vernon made a move in the stock market by purchasing 2,224 shares of Hasbro (HAS) on June 11, 2026. The shares were acquired at a price of $0.00, indicating this may have been part of a stock grant or another form of compensation. On the day of the purchase, Hasbro's shares traded at $83.90.
Other Institutional Activity in Hasbro
BlackRock, Inc. grew its holdings in Hasbro by 681,947 shares, ending with 25,306,291 shares valued at about $2.37 billion. Meanwhile, Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both maintained their positions at 8,906,136 shares and 7,030,575 shares, respectively, with values of $833.6 million and $658.1 million. State Street Corp reduced its stake by 397,556 shares to hold 5,751,916 shares worth $538.4 million, whereas Geode Capital Management, LLC increased its position by 358,375 shares, totaling 4,019,395 shares valued at $375.6 million.
Hasbro Stock Snapshot
Shares of Hasbro traded near $83.90. The company has a market cap of around $11 billion and a beta of 1.2, indicating it is slightly more volatile than the market. The stock's 52-week low is $73.50, and its high is $94.20. Hasbro's 50-day moving average is $82.00, while the 200-day moving average stands at $85.00.
Insider Buying and Selling at Hasbro, Inc.
On June 11, 2026, several insiders, including Carla Vernon, Hope Cochran, Douglas Bowser, Darin Harris, Frank Gibeau, and Lisa Gersh, each bought 2,224 shares of Hasbro. These transactions were not part of a pre-planned sale under Rule 10b5-1.
Analysts Set New Price Targets
On June 9, 2026, Wells Fargo maintained its 'hold' rating on Hasbro with a price target of $85. Citigroup, on May 22, 2026, maintained a 'buy' rating with a target of $114. DA Davidson also maintained a 'hold' rating with a $100 target on May 21, 2026. Additionally, B of A Securities and Morgan Stanley have buy ratings with targets of $115 and $123, respectively.
About Hasbro
Hasbro, Inc. is a global play and entertainment company known for its range of toys, games, and entertainment content. Headquartered in Rhode Island, Hasbro creates immersive brand experiences for children and families through its diverse portfolio of brands, including Transformers, Nerf, and Monopoly.
Bottom Line
Carla Vernon's purchase of Hasbro shares highlights ongoing interest in the company from its insiders. Investors often track such insider transactions as they can provide insights into the company's prospects. However, it's important to remember that these transactions reflect past actions and may not indicate future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
