Barclays PLC Has $394,000 Stock Position in The Honest Company, Inc. (NASDAQ:HNST)

Barclays PLC boosted its position in shares of The Honest Company, Inc. (NASDAQ:HNST - Free Report) by 298.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 110,386 shares of the company's stock after purchasing an additional 82,713 shares during the quarter. Barclays PLC owned 0.11% of Honest worth $394,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Renaissance Technologies LLC raised its position in shares of Honest by 117.3% during the second quarter. Renaissance Technologies LLC now owns 1,568,000 shares of the company's stock worth $4,579,000 after purchasing an additional 846,300 shares during the period. Jacobs Levy Equity Management Inc. raised its holdings in Honest by 1,504.9% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 851,436 shares of the company's stock worth $3,040,000 after buying an additional 798,384 shares during the period. Acadian Asset Management LLC lifted its stake in Honest by 706.1% in the second quarter. Acadian Asset Management LLC now owns 716,332 shares of the company's stock valued at $2,088,000 after buying an additional 627,464 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Honest by 68.1% in the second quarter. Dimensional Fund Advisors LP now owns 943,618 shares of the company's stock valued at $2,755,000 after buying an additional 382,418 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Honest by 216.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 545,323 shares of the company's stock valued at $1,947,000 after buying an additional 372,749 shares during the period. Institutional investors own 45.54% of the company's stock.

Honest Price Performance

HNST stock traded down $0.12 during mid-day trading on Friday, reaching $6.67. The company had a trading volume of 1,854,925 shares, compared to its average volume of 2,026,012. The Honest Company, Inc. has a 52 week low of $2.40 and a 52 week high of $8.97. The company has a market capitalization of $673.41 million, a price-to-earnings ratio of -166.75 and a beta of 2.42. The stock has a 50 day simple moving average of $6.58 and a two-hundred day simple moving average of $4.66.

Insider Buying and Selling

In other news, EVP Stephen Winchell sold 7,123 shares of the firm's stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $7.10, for a total value of $50,573.30. Following the completion of the sale, the executive vice president now directly owns 382,613 shares of the company's stock, valued at $2,716,552.30. This trade represents a 1.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, General Counsel Brendan Sheehey sold 107,653 shares of the business's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $7.01, for a total value of $754,647.53. Following the transaction, the general counsel now directly owns 517,861 shares in the company, valued at $3,630,205.61. The trade was a 17.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 799,818 shares of company stock worth $5,975,421. Insiders own 8.60% of the company's stock.

Analyst Ratings Changes

HNST has been the topic of a number of research analyst reports. 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. Loop Capital lowered Honest from a "buy" rating to a "hold" rating and set a $7.00 price target on the stock. in a report on Tuesday, December 17th. Northland Securities upped their price objective on Honest from $7.50 to $9.50 and gave the stock an "outperform" rating in a research report on Wednesday, December 4th. Alliance Global Partners lifted their target price on Honest from $5.75 to $8.00 and gave the company a "buy" rating in a research report on Wednesday, November 13th. Finally, Telsey Advisory Group upped their price target on Honest from $4.00 to $6.00 and gave the stock a "market perform" rating in a research report on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $6.79.

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.