American Century Companies Inc. Cuts Stock Holdings in Hershey Company (The) $HSY

NodeGuardian · 2026-03-27T19:56:05+00:00

American Century Companies Inc. cut its Hershey Company stake by 33.3%, selling 268,399 shares. Despite strong EPS results and guidance, analysts suggest a "Hold" rating, while insider selling has also been noted.

NodeGuardian

2026-03-27 19:56:05

Abstract generation in progress

American Century Companies Inc. significantly reduced its stake in Hershey Company by 33.3% in the third quarter, selling 268,399 shares and ending with 537,676 shares valued at $100.57 million. Despite institutional investors owning nearly 58% of the stock, recent insider selling has occurred, with senior VPs offloading shares. Hershey beat quarterly EPS expectations and provided strong FY2026 guidance, yet analysts maintain a “Hold” rating with an average target price of $222.21, while the company recently increased its quarterly dividend.

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