Thomas Sternweis, Senior Vice President of Enterprise Development & Strategy at Honest Company, Inc. (NASDAQ: HNST), sold 25,000 shares of the company’s common stock on November 9, 2026, according to a recent disclosure. The transactions totaled $117,500.
The shares were sold at prices ranging from $4.60 to $4.77 per share, with a weighted average price of $4.70. The stock has since climbed to $5.20, representing a remarkable 106% gain over the past year.
Following this sale, Mr. Sternweis beneficially owns 379,394 shares of Honest Company common stock. This total includes 313,431 restricted stock units, which are convertible into an equivalent number of common shares.
The insider sale comes as InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. Despite this, the company maintains a “GREAT” financial health score and trades at a low P/E ratio of 7.33. For deeper insights, including 14 additional ProTips and comprehensive analysis, visit InvestingPro.
In other recent news, The Honest Company reported its third-quarter 2026 revenue, surpassing Wall Street’s forecast. The company achieved revenue of $84.6 million, exceeding the expected $77.25 million. Despite a reported revenue decline of 8.6% due to portfolio changes and other factors, organic revenue grew by 9.2% compared to the previous year. Management has also increased full-year guidance for revenue, gross margin, and adjusted EBITDA, indicating stronger performance in its core wipes and personal care sectors. These developments reflect The Honest Company’s ability to execute effectively amidst changes in its portfolio. The company’s recent earnings report highlights its financial resilience and adaptability.
Honest Company shares closed at $5.20, up $0.03 or 0.58%, on the day of the disclosure. In after-hours trading, the stock was at $5.081, down $0.119 or 2.29%.