Mattel Inc /de/ (MAT): Loyd Kathy White , director of Mattel Inc /de/ sold 2,700 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $30.60 per share for a total value of $82,608.93 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Dean A Scarborough (director) sold 7,294 shares at $30.56 per share price.On Feb 9, 2016, Jean Gabriel Zalzman (EVP, Chief Comm Officer -Int’l) sold 7,711 shares at $31.75 per share price.Also, On Feb 9, 2016, Susan R Lecker (EVP, Chief Brands Off-Toy Box) sold 760 shares at $31.73 per share price.On Feb 8, 2016, Steve Totzke (EVP, Chief Comm Off-N America) sold 4,786 shares at $32.94 per share price.
Mattel: On Friday, May 20, 2016 heightened volatility was witnessed in Mattel which led to swings in the share price. The shares opened for trading at $30.36 and hit $30.7 on the upside , eventually ending the session at $30.55, with a gain of 0.79% or 0.24 points. The heightened volatility saw the trading volume jump to 35,35,813 shares. The 52-week high of the share price is $34.76 and the company has a market cap of $10,400,625 M . The 52-week low of the share price is at $19.445.
Company has been under the radar of several Street Analysts.Mattel is Initiated by JP Morgan to Overweight and the brokerage firm has set the Price Target at $38. The Rating was issued on Apr 7, 2016.Mattel is Downgraded by Stifel to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 6, 2016.Mattel is Reiterated by MKM Partners to Neutral and the brokerage firm has raised the Price Target to $ 33 from a previous price target of $26 .The Rating was issued on Apr 5, 2016.Mattel is Initiated by UBS to Buy and the brokerage firm has set the Price Target at $36. The Rating was issued on Mar 24, 2016.Mattel is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 36 from a previous price target of $25 .The Rating was issued on Mar 4, 2016.
MATTEL INC. designs manufactures and markets a variety of toy products around the world which are sold to its customers and directly to consumers. The Company operates through three segments: North America which consists of the United States and Canada International and American Girl. The Companys North America segment markets and sells toys in the United States and Canada through the Mattel Girls & Boys Brands Fisher-Price Brands and Construction and Arts & Crafts Brands categories. The Companys International segment products are developed and marketed by the North America segment although some are developed or adapted for particular international markets. The Companys American Girl segment is a direct marketer childrens publisher and retailer for its line of historical dolls books and accessories as well as the My American Girl and Bitty Baby brands. American Girl also publishes Advice & Activity books and American Girl magazine.