Valley Wealth Managers Inc. Lowers Stock Holdings in Hasbro, Inc. $HAS

Valley Wealth Managers Inc. reduced its holdings in Hasbro, Inc. (NASDAQ:HAS) by 18.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 327,326 shares of the company’s stock after selling 74,066 shares during the quarter. Hasbro makes up 1.6% of Valley Wealth Managers Inc.’s portfolio, making the stock its 16th biggest holding. Valley Wealth Managers Inc.’s holdings in Hasbro were worth $24,828,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. CYBER HORNET ETFs LLC acquired a new position in shares of Hasbro during the 2nd quarter valued at about $25,000. MUFG Securities EMEA plc acquired a new stake in shares of Hasbro in the second quarter worth approximately $28,000. First Horizon Corp purchased a new stake in Hasbro in the third quarter valued at approximately $29,000. Pittenger & Anderson Inc. acquired a new position in Hasbro during the second quarter worth approximately $35,000. Finally, Mather Group LLC. purchased a new position in Hasbro during the third quarter worth approximately $39,000. 91.83% of the stock is owned by institutional investors and hedge funds.

Hasbro Trading Up 0.6%

HAS opened at $90.46 on Friday. The firm’s 50 day moving average is $83.98 and its 200-day moving average is $79.46. Hasbro, Inc. has a 52-week low of $49.00 and a 52-week high of $90.80. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 7.65. The firm has a market capitalization of $12.70 billion, a P/E ratio of -22.56, a P/E/G ratio of 1.61 and a beta of 0.55.

Insider Transactions at Hasbro

In other Hasbro news, Director Hope F. Cochran sold 4,000 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $77.24, for a total value of $308,960.00. Following the transaction, the director owned 17,102 shares in the company, valued at $1,320,958.48. The trade was a 18.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.85% of the stock is owned by company insiders.

Key Headlines Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: New licensed toy lines (co‑releases with Mattel and Netflix) tied to the viral “KPop Demon Hunters” franchise should boost seasonal toy sales, merchandising revenue and retail shelf presence later this year. Forbes: KPop Demon Hunters’ Toys By Mattel And Hasbro Coming This Year
• Positive Sentiment: Product refresh in core franchises — Hasbro revealed new Optimus Prime and Megatron figures tied to Transformers: The Movie, which supports collector demand and higher‑margin specialty SKUs. MSN: ‘Kpop Demon Hunters’ Toys And Merchandise Unveiled
• Neutral Sentiment: Broad media coverage of the new toy lines increases brand visibility, but execution risk remains (retail sell‑through, inventory management). Coverage includes mainstream outlets highlighting the first looks and release timing. USA Today: Mattel ‘KPop Demon Hunters’ American Girl dolls, new toys coming soon
• Negative Sentiment: A shareholder lawsuit alleges Hasbro deliberately overprinted Magic: The Gathering cards to generate cash and plug revenue shortfalls elsewhere, claiming this dilutes long‑term collectibles value and brand equity — potential impacts include reputational damage, weaker long‑term demand for premium MTG products, and legal costs. Wargamer: Investor lawsuit claims Hasbro overprinted MTG cards as a “cash cow” PCGamer: Hasbro sued by shareholders over printing MTG cards

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wall Street Zen downgraded Hasbro from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 11th. Morgan Stanley reissued an “overweight” rating and set a $94.00 price target on shares of Hasbro in a research report on Sunday, December 14th. Citigroup raised their price objective on Hasbro from $91.00 to $97.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Zacks Research cut Hasbro from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Finally, Roth Mkm set a $96.00 target price on shares of Hasbro and gave the stock a “buy” rating in a research report on Friday, October 24th. Nine investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $93.00.

Hasbro Company Profile

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.