The Honest Company, Inc. (NASDAQ:HNST) Director Sells $3,510,750.00 in Stock

The Honest Company, Inc. (NASDAQ:HNST - Get Free Report) Director Jessica Warren sold 465,000 shares of the business's stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $7.55, for a total transaction of $3,510,750.00. Following the sale, the director now directly owns 1,170,058 shares in the company, valued at $8,833,937.90. The trade was a 28.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Honest Price Performance

Shares of NASDAQ:HNST opened at $7.14 on Thursday. The Honest Company, Inc. has a 1 year low of $2.31 and a 1 year high of $8.97. The company has a market cap of $720.86 million, a P/E ratio of -178.50 and a beta of 2.40. The stock's fifty day moving average price is $5.47 and its 200-day moving average price is $4.15.

Hedge Funds Weigh In On Honest

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC lifted its holdings in shares of Honest by 117.3% during the 2nd quarter. Renaissance Technologies LLC now owns 1,568,000 shares of the company's stock valued at $4,579,000 after buying an additional 846,300 shares during the period. Jacobs Levy Equity Management Inc. increased its position in Honest by 1,504.9% during the third quarter. Jacobs Levy Equity Management Inc. now owns 851,436 shares of the company's stock valued at $3,040,000 after acquiring an additional 798,384 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in Honest by 706.1% in the second quarter. Acadian Asset Management LLC now owns 716,332 shares of the company's stock valued at $2,088,000 after acquiring an additional 627,464 shares during the period. Dimensional Fund Advisors LP boosted its position in Honest by 68.1% in the second quarter. Dimensional Fund Advisors LP now owns 943,618 shares of the company's stock worth $2,755,000 after purchasing an additional 382,418 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Honest by 216.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 545,323 shares of the company's stock valued at $1,947,000 after purchasing an additional 372,749 shares during the period. Institutional investors own 45.54% of the company's stock.

Analysts Set New Price Targets


Why Buffett, Griffin and 100 members of Congress are Piling into this One Investment
This isn't just another investment. It might be the last retirement stock you'll ever need. But this window of opportunity is closing fast.
Click here for the ticker >>>


A number of analysts have recently commented on the company. B. Riley boosted their price target on Honest from $6.50 to $7.00 and gave the stock a "buy" rating in a research report on Wednesday, November 13th. Northland Securities increased their target price on Honest from $7.50 to $9.50 and gave the stock an "outperform" rating in a research note on Wednesday, December 4th. Telsey Advisory Group lifted their price target on Honest from $4.00 to $6.00 and gave the stock a "market perform" rating in a research report on Wednesday, November 13th. Finally, Alliance Global Partners upped their price target on shares of Honest from $5.75 to $8.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $6.21.

Get Our Latest Research Report on HNST

About Honest

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Honest (NASDAQ:HNST)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.

Insider Buying or Selling at Honest?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Honest and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles