Jason Snagusky, Chief Financial Officer of Barnes & Noble Education, Inc. (NASDAQ:BNED), sold shares of the company’s common stock totaling $25,971 on July 10, 2026.
The transaction involved the disposition of 2,237 shares. The sales were executed at prices ranging from $11.51 to $11.98 per share, with a weighted average price of $11.61. According to the filing, these shares were sold to cover applicable withholding taxes upon the vesting of restricted performance stock units, which are payable solely in common stock. The stock has shown strong momentum recently, trading at $12.31 with a 10% gain over the past week and a 42% surge over six months.
Following this transaction, Mr. Snagusky directly holds 76,762 shares of Barnes & Noble Education common stock.
In other recent news, Barnes & Noble Education has projected its fiscal 2026 revenue to be between $1.710 billion and $1.720 billion, reflecting a growth of 6.2% to 6.8% compared to the previous year. The company also anticipates a significant increase in revenue from its BNC First Day programs, with an expected year-over-year growth of 27% to 28%. In addition, Barnes & Noble Education forecasts its fiscal 2026 net income to reach up to $18 million. Needham recently upgraded the company’s stock rating to Buy from Hold, citing a positive growth outlook and setting a price target of $16.00. This upgrade followed the company’s investor day presentation, which highlighted its balance sheet and growth strategy centered on the First Day Complete inclusive access program. Furthermore, Northland initiated coverage of Barnes & Noble Education with an Outperform rating and a price target of $17.00. These developments indicate growing confidence among analysts regarding the company’s future performance.
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