Ross Stores COO Sells $3.4M in Stock

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Ross Stores, Inc. (NASDAQ:ROST) Chief Operating Officer Michael Hartshorn sold 15,813 shares of the company's stock in a transaction on March 25th. The shares were sold at an average price of $214.91, resulting in a total transaction value of $3,398,371.83. Following the sale, Hartshorn directly owns 116,028 shares in the company, valued at $24,935,577.48.

Why it matters

Insider transactions, especially those involving C-suite executives, can provide valuable insights into a company's performance and future outlook. The sale by the COO represents a significant decrease in his ownership stake, which may signal a shift in his confidence or the company's near-term prospects.

The details

Hartshorn's sale of 15,813 shares equates to an 11.99% decrease in his direct ownership of Ross Stores stock. The transaction was disclosed in a legal filing with the SEC. Ross Stores is a leading off-price retailer that operates the Ross Dress for Less and dd's DISCOUNTS store formats, selling a broad assortment of apparel, footwear, home goods, and other merchandise at reduced prices.

• The transaction occurred on Wednesday, March 25, 2026.

What’s next

Investors will be closely watching to see if Hartshorn or other Ross Stores insiders make any additional transactions in the coming weeks and months, as this could provide further insight into the company's outlook.