Gold prices slip after rallying on Powell rate cut talk
In a recent filing with the Securities and Exchange Commission, Honest Company , Inc. (NASDAQ:HNST) reported that its Chief Executive Officer, Vernon Carla, sold 98,950 shares of common stock. According to InvestingPro data, the company currently has a market capitalization of $534 million and maintains strong liquidity with a current ratio of 3.17x. The transaction, which took place on May 21, 2025, was executed at a price of $5.32 per share, amounting to a total value of $526,414.
The sale was part of an approved sell-to-cover plan, designed to cover tax liabilities associated with the vesting of previously granted Restricted Stock Units (RSUs). Following this transaction, Carla retains ownership of 3,098,321 shares, including 2,251,460 RSUs, which are payable in an equivalent number of shares of Honest Company’s common stock. For deeper insights into insider transactions and comprehensive financial analysis, including 12 additional ProTips and detailed Fair Value assessments, check out the full company report on InvestingPro.
In other recent news, The Honest Company reported its first-quarter 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.03, exceeding the forecast of $0.01. The company’s revenue reached $97 million, outperforming the anticipated $93.52 million. The Honest Company also reaffirmed its 2025 financial outlook, projecting a 4-6% revenue growth and an adjusted EBITDA target of $27-30 million. Additionally, the company announced the appointment of Curtis Bruce as the new Chief Financial Officer, following Dave Loretta’s retirement. The company continues to focus on brand maximization and margin enhancement as part of its strategic pillars. Despite challenges in the diaper category and potential tariff impacts, the company remains confident in its strategies. Analysts from Alliance Global Partners (NYSE:GLP) and B. Riley Securities noted the company’s strong performance and ongoing investments in marketing and innovation.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.