Soleil Boughton, Hims & Hers health CLO, sells $150k in stock

Published 29/07/2025, 21:58
Soleil Boughton, Hims & Hers health CLO, sells $150k in stock

Soleil Boughton, Chief Legal Officer of Hims & Hers Health, Inc. (NASDAQ:HIMS), sold 2,572 shares of Class A Common Stock on July 28, 2025, at a price of $58.70, for a total value of $150,976.

Following the transaction, Boughton directly owns 155,593 shares of Hims & Hers Health, Inc.

The sale was executed under a Rule 10b5-1 trading plan adopted on August 28, 2024. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission.

In other recent news, Hims & Hers Health reported that customers using its compounded GLP-1 weight loss treatments experienced an average weight loss of 10.3% over six months. The company highlighted a retention rate of 75% among customers, significantly better than the typical dropout rates for commercially available GLP-1 treatments. Meanwhile, BofA Securities maintained its Underperform rating for Hims & Hers, expressing concerns about potential litigation risks and pressure on the company’s full-year guidance due to mixed business prospects. Additionally, Morgan Stanley (NYSE:MS) reiterated an Equalweight rating, noting a decline in app downloads and citing slowing growth as a concern. The company also announced plans to expand into Canada by 2026, intending to offer generic semaglutide following Novo Nordisk (NYSE:NVO)’s loss of patent protection there. In a related development, Hims & Hers CEO Andrew Dudum disclosed details about the termination of a partnership with Novo Nordisk, which ended following disagreements over the continued offering of compounded semaglutide. These recent developments provide insight into the company’s current challenges and strategic directions.

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