The Honest Company, Inc. (NASDAQ:HNST) SVP Jonathan Mayle Sells 2,332 Shares

The Honest Company, Inc. (NASDAQ:HNST) SVP Jonathan Mayle sold 2,332 shares of Honest stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $7.10, for a total transaction of $16,557.20. Following the completion of the sale, the senior vice president now owns 275,173 shares of the company’s stock, valued at $1,953,728.30. This represents a 0.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Honest Price Performance

Shares of NASDAQ HNST opened at $8.15 on Friday. The Honest Company, Inc. has a 1 year low of $1.83 and a 1 year high of $8.29. The firm has a fifty day moving average price of $4.32 and a 200-day moving average price of $3.68.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Telsey Advisory Group raised their target price on shares of Honest from $4.00 to $6.00 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. Northland Capmk raised Honest to a “strong-buy” rating in a report on Tuesday, August 6th. Northland Securities upped their price target on shares of Honest from $6.50 to $7.50 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. B. Riley raised their price objective on shares of Honest from $6.50 to $7.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Finally, Alliance Global Partners increased their price target on shares of Honest from $5.75 to $8.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Honest presently has a consensus rating of “Moderate Buy” and an average price target of $5.93.

Institutional Investors Weigh In On Honest

Institutional investors have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd lifted its position in shares of Honest by 7.1% in the third quarter. Dynamic Technology Lab Private Ltd now owns 80,544 shares of the company’s stock valued at $288,000 after acquiring an additional 5,330 shares in the last quarter. EntryPoint Capital LLC purchased a new stake in Honest during the 1st quarter valued at approximately $27,000. Charles Schwab Investment Management Inc. raised its position in shares of Honest by 3.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 225,567 shares of the company’s stock valued at $805,000 after buying an additional 7,379 shares during the last quarter. XTX Topco Ltd lifted its holdings in shares of Honest by 6.4% in the second quarter. XTX Topco Ltd now owns 137,797 shares of the company’s stock worth $402,000 after buying an additional 8,282 shares in the last quarter. Finally, Zacks Investment Management bought a new position in shares of Honest during the third quarter worth $37,000. Hedge funds and other institutional investors own 45.54% of the company’s stock.

About Honest

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.