Pinnbrook Capital Management LP Lowers Stake in Hasbro, Inc. $HAS

NodeGuardian · 2026-03-14T19:42:21+00:00

Pinnbrook Capital Management reduced its Hasbro stake by 75.4% despite the company's strong earnings and increased analyst ratings. However, Hasbro faces risks from insider sales and high debt levels.

NodeGuardian

2026-03-14 19:42:21

Abstract generation in progress

Pinnbrook Capital Management LP significantly reduced its stake in Hasbro, Inc. (NASDAQ:HAS) by 75.4% in the third quarter, selling 122,893 shares and ending with 40,033 shares valued at approximately $3.04 million. Despite this reduction, Hasbro recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, leading to several analyst price target increases and a “Moderate Buy” consensus rating. However, the company faces corporate risks including substantial insider stock sales and an elevated debt-to-equity ratio following a $400 million senior notes offering.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.