John Hight, president of Wizards of the Coast, a division of Hasbro Inc., disposed of 11,593 common shares on August 19, 2026, for approximately $1.097 million. The transaction occurred at prices ranging from $94.59 to $94.76 per share, according to regulatory filings.
Hight retained 38,597 shares of Hasbro common stock following the sale. The company’s shares have since climbed to $96.74, up from the $94–95 range where the transaction took place. Hasbro’s stock has gained 21% year-to-date, supported by second-quarter results that exceeded Wall Street expectations.
Hasbro reported adjusted earnings of $1.28 per share and revenue of $1.14 billion for the quarter, driven primarily by growth in the Wizards of the Coast segment, notably its Magic: The Gathering franchise. The company raised its full-year outlook, noting that the impact of a recent cyber incident was less severe than initially anticipated.
Analysts have adjusted price targets following the results. UBS raised its target to $120 and maintained a Buy rating, citing a business inflection and strengthening in the Wizards segment. DA Davidson, however, trimmed its target to $95 from $100 while retaining a Neutral rating, citing a slower outlook for the second half of the year.
Hasbro has maintained a 46-year streak of dividend payments, currently yielding 2.89%. InvestingPro rates the company’s financial health as Great.
