Mattel (NASDAQ:MAT) has climbed 2.16% in the past week and advanced 3.93% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.38% and the outperformance has advanced to 2.98% for the last 4 weeks period.
Mattel (NASDAQ:MAT): The stock opened at $31.88 on Friday but the bulls could not build on the opening and the stock topped out at $32.01 for the day. The stock traded down to $31.50 during the day, due to lack of any buying support eventually closed down at $31.75 with a loss of -0.38% for the day. The stock had closed at $31.87 on the previous day. The total traded volume was 2,945,798 shares.
The company shares have rallied 19.05% from its 1 Year high price. On Apr 18, 2016, the shares registered one year high at $34.76 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $31.23 and the 200 Day Moving Average price is recorded at $30.28.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that White Loyd Kathy, director of Mattel Inc /De/, had unloaded 2,700 shares at an average price of $30.6 in a transaction dated on May 20, 2016. The total value of the transaction was worth $82,620.
Many analysts have stated their opinion on the company shares. JP Morgan initiates coverage on Mattel (NASDAQ:MAT). In the latest research report, JP Morgan announces the target price to $38 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on April 7, 2016. Currently the company Insiders own 0.88% of Mattel shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -25.09% . Institutional Investors own 96.49% of Mattel shares. During last six month period, the net percent change held by insiders has seen a change of -12.19%.
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.