Asset Manager Exits Shares of Hims & Hers Health
On February 17, 2026, BLKBRD Asset Management, LP, disclosed it sold out its entire stake in Hims Hers Health (NYSE:HIMS), an estimated $18.07 million trade based on quarterly average pricing.
According to an SEC filing dated February 17, 2026, BLKBRD Asset Management, LP, sold all 318,666 shares of Hims Hers Health during the fourth quarter. The estimated transaction value was $18.07 million, based on the average share price over the reporting period. The net position change also totaled $18.07 million, reflecting both the completed trade and any price movement through quarter-end.
Hims Hers Health operates a multi-specialty telehealth platform at scale, integrating digital healthcare delivery with a broad range of consumer wellness products. The company’s strategy centers on recurring revenue from subscriptions and direct sales, supported by a robust digital infrastructure. Its competitive edge lies in combining medical consultation, prescription fulfillment, and branded wellness products within a seamless, consumer-centric online experience.
Source Fool.com
