The Honest Company, Inc. (NASDAQ:HNST – Get Free Report) Director Andrea Turner sold 29,899 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $5.21, for a total transaction of $155,773.79. Following the transaction, the director directly owned 252,405 shares in the company, valued at $1,315,030.05. This trade represents a 10.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Andrea Turner also recently made the following trade(s):
- On Monday, August 10th, Andrea Turner sold 34,396 shares of Honest stock. The shares were sold at an average price of $5.30, for a total value of $182,298.80.
Honest Stock Performance
Shares of Honest stock opened at $5.07 on Thursday. The company has a market capitalization of $558.11 million, a PE ratio of -46.09 and a beta of 2.12. The company has a 50-day simple moving average of $3.88 and a two-hundred day simple moving average of $3.25. The Honest Company, Inc. has a one year low of $2.07 and a one year high of $5.84.
Hedge Funds Weigh In On Honest
Hedge funds and other institutional investors have recently bought and sold shares of the business. Allworth Financial LP purchased a new position in Honest during the 2nd quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Honest by 1,392.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 7,073 shares of the company’s stock valued at $26,000 after acquiring an additional 6,599 shares during the last quarter. Amicus Financial Advisors LLC purchased a new stake in shares of Honest in the 4th quarter valued at $29,000. Hibernia Wealth Partners LLC acquired a new stake in shares of Honest in the fourth quarter worth $32,000. Finally, Equity Wealth Partners LLC acquired a new stake in shares of Honest in the third quarter worth $37,000. Institutional investors and hedge funds own 45.54% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have commented on HNST. Wall Street Zen upgraded Honest from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Northland Securities set a $5.50 price objective on shares of Honest in a research report on Thursday, August 6th. Freedom Capital upgraded shares of Honest from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Morgan Stanley set a $5.70 target price on shares of Honest in a research report on Wednesday. Finally, Weiss Ratings upgraded shares of Honest from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $4.84.
View Our Latest Analysis on Honest
Honest Company Profile
The Honest Company, Inc (NASDAQ: HNST) is an American consumer goods firm specializing in eco-friendly and responsibly formulated products for babies, personal care, beauty and home cleaning. The company emphasizes transparency in ingredient sourcing and product safety, positioning itself in the premium segment of mass-market retail and direct-to-consumer channels.
Honest was founded in 2011 by actress Jessica Alba and environmental health advocate Christopher Gavigan with a mission to offer parents household and baby care items free from harsh chemicals and synthetic fragrances.
Read More
- Five stocks we like better than Honest
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for Honest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honest and related companies with MarketBeat.com's FREE daily email newsletter.
