Today, a Director at Hanesbrands (HBI), Jessica Tuchman Mathews, sold shares of HBI for $203.6K.
In addition to Jessica Tuchman Mathews, 3 other HBI executives reported Sell trades in the last month.
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Based on Hanesbrands’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.85 billion and quarterly net profit of $171 million. In comparison, last year the company earned revenue of $1.8 billion and had a net profit of $203 million. HBI’s market cap is $4.89B and the company has a P/E ratio of 729.57. Currently, Hanesbrands has an average volume of 9.28M.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $19.06, reflecting a 47.0% upside.
In the last 30 days, insiders have sold $203.6K worth of HBI shares and purchased $541.3K worth of HBI shares. The insider sentiment on Hanesbrands has been positive according to 83 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Hanesbrands, Inc. is a consumer goods company, which engages in the design, manufacture, sourcing, and sale of men’s and women’s basic apparel. It operates its business through the following segments: Innerwear, Activewear, International, Other, and Corporate.
