November 23, 2016 - By Marguerite Chambers
An insider Dominic Ng who is director of Mattel Inc sold some 9,000 shares of the public company having a value near $277,124 U.S. Dollars which is calculated based on a stock price of $30.8 per share. Published November 22, 2016, you can learn more about the deal by opening the following legal document here. Currently, Mr. Dominic, has in hand 9,500 shares, which accounts for 0.00% of Mattel Inc’s market capitalization.
Out of 13 analysts covering Mattel Inc. (NASDAQ:MAT), 11 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 85% are positive. $41 is the highest target while $22 is the lowest. The $33.15 average target is 5.37% above today’s ($31.46) stock price. Mattel Inc. has been the topic of 19 analyst reports since July 28, 2015 according to StockzIntelligence Inc. M Partners maintained Mattel, Inc. (NASDAQ:MAT) rating on Tuesday, April 5. M Partners has “Neutral” rating and $33 price target. M Partners upgraded the stock to “Buy” rating in Monday, October 10 report. Citigroup maintained it with “Buy” rating and $38 target price in Monday, August 15 report. UBS initiated Mattel, Inc. (NASDAQ:MAT) rating on Thursday, March 24. UBS has “Buy” rating and $36 price target. The firm earned “Conviction Buy” rating on Monday, January 25 by Goldman Sachs. The rating was downgraded by Stifel Nicolaus to “Hold” on Wednesday, April 6. The stock has “Buy” rating given by Stifel Nicolaus on Tuesday, February 2. On Thursday, August 20 the stock rating was initiated by Oppenheimer with “Outperform”. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Neutral” rating by Suntrust Robinson on Friday, October 16. Monness Crespi & Hardt upgraded Mattel, Inc. (NASDAQ:MAT) rating on Monday, September 19. Monness Crespi & Hardt has “Buy” rating and $37 price target.
Insitutional Activity: The institutional sentiment decreased to 1.1 in 2016 Q2. Its down 0.01, from 1.11 in 2016Q1. The ratio fall, as 68 funds sold all Mattel, Inc. shares owned while 162 reduced positions. 49 funds bought stakes while 207 increased positions. They now own 317.56 million shares or 0.80% less from 320.13 million shares in 2016Q1.
First Amer Bank reported 41,160 shares or 0.12% of all its holdings. Alethea Mngmt Lc reported 58,236 shares or 2.5% of all its holdings. Shell Asset Management holds 0.25% or 340,767 shares in its portfolio. Moreover, Toronto Dominion Fincl Bank has 0% invested in Mattel, Inc. (NASDAQ:MAT) for 1,869 shares. Whittier Trust Of Nevada Inc accumulated 7,036 shares or 0.03% of the stock. Bluemountain Management Lc accumulated 1.82% or 2.51M shares. Commonwealth Of Pennsylvania Public School Empls Retrmt last reported 0.02% of its portfolio in the stock. Gulf International Bancorp (Uk) Ltd holds 0.05% or 101,150 shares in its portfolio. Argent Management Ltd Company has invested 2.27% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Westport Management last reported 0% of its portfolio in the stock. Pnc Financial Serv Group holds 0.01% or 227,601 shares in its portfolio. Bridgeway Capital Management last reported 0.52% of its portfolio in the stock. Goelzer Mngmt Incorporated accumulated 128,590 shares or 0.55% of the stock. Dt Inv Prtn Ltd has invested 0.21% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Benjamin F Edwards Company Incorporated holds 0% of its portfolio in Mattel, Inc. (NASDAQ:MAT) for 187 shares.
Insider Transactions: Since August 30, 2016, the stock had 0 buys, and 1 sale for $239,280 net activity. $239,280 worth of shares were sold by Walker Geoffrey H on Tuesday, August 30.
The stock increased 1.52% or $0.47 during the last trading session, hitting $31.46. About 2.31 million shares traded hands. Mattel, Inc. (NASDAQ:MAT) has declined 6.20% since April 20, 2016 and is downtrending. It has underperformed by 10.76% the S&P500.
Mattel, Inc. manufactures and markets a range of toy products around the world. The company has a market cap of $10.93 billion. The Company’s divisions are North America; International and American Girl. It has a 30.2 P/E ratio. The Company’s portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.
According to Zacks Investment Research, “Mattel, Inc. designs, manufactures, and markets a broad variety of family products on a worldwide basis through both sales to retailers and direct to consumers. Mattel’s business is dependent in great part on its ability each year to redesign, restyle and extend existing core products and product lines, to design and develop innovative new products and product lines, and successfully market those products and product lines.”
Another recent and important Mattel, Inc. (NASDAQ:MAT) news was published by Investorplace.com which published an article titled: “Mattel, Inc. (MAT) Makes Curvy Barbie Doll in Ashley Graham’s Likeness” on November 15, 2016.
Mattel, Inc., incorporated on March 6, 1968, designs, makes, and markets a range of toy products around the world, which are sold to its clients and directly to consumers. The Company’s divisions are North America, which consists of the United States and Canada; International, and American Girl. The Company’s portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands. The North America and International divisions sell products in the Mattel Girls & Boys Brands, Fisher-Price Brands, and Construction and Arts & Crafts Brands categories.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.