The Honest Company, Inc. (NASDAQ:HNST – Get Rating) CFO Kelly J. Kennedy sold 3,933 shares of the company’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $2.90, for a total transaction of $11,405.70. Following the completion of the transaction, the chief financial officer now owns 614,260 shares in the company, valued at approximately $1,781,354. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Honest Price Performance
Shares of NASDAQ HNST opened at $2.74 on Thursday. The business has a fifty day moving average price of $3.39 and a two-hundred day moving average price of $3.41. The stock has a market capitalization of $253.92 million, a PE ratio of -5.48 and a beta of 0.48. The Honest Company, Inc. has a fifty-two week low of $2.54 and a fifty-two week high of $8.85.
Analyst Ratings Changes
Several brokerages have issued reports on HNST. Morgan Stanley cut their price objective on shares of Honest from $4.00 to $3.75 and set an “equal weight” rating for the company in a research report on Friday, November 11th. JPMorgan Chase & Co. reduced their price target on Honest from $6.00 to $5.00 and set an “overweight” rating for the company in a research note on Thursday, October 13th. Finally, Telsey Advisory Group lowered their price objective on Honest from $8.00 to $6.00 and set an “outperform” rating on the stock in a research report on Friday, November 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Honest presently has a consensus rating of “Hold” and a consensus price target of $4.88.
Institutional Inflows and Outflows
Honest Company Profile
The Honest Company, Inc manufactures and sells diapers and wipes, skin and personal care, and household and wellness products. The company also offers baby clothing and nursery bedding products. It sells its products through digital and retail sales channels, such as its website and third-party ecommerce sites, as well as brick and mortar retailers.
- Get a free copy of the StockNews.com research report on Honest (HNST)
- Is the 60/40 Portfolio Mix Still in Vogue?
- Institutional Support for Analog Devices Remains High
- Three CBD Stocks to Dominate a Budding Industry
- Microsoft Shares: Is it Time to Back Up the Truck?
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
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.