Large Outflow of Money Witnessed in Mattel

Mattel (NASDAQ:MAT) managed to stay afloat and traded higher with an addition of 0.13 point or 0.42% at $31.21. The money flow data is a negative $(-2.44) million with $6.89 million in upticks and $9.33 million in downticks. The intraday up/down ratio came in at 0.74. The shares have seen -1.33% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $1.08, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-1.08) million.


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%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Mattel Inc /De/, White Loyd Kathy had sold 2,700 shares worth of $82,620 in a transaction dated May 20, 2016. In this transaction, 2,700 shares were sold at $30.6 per share.

Mattel (NASDAQ:MAT) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.13 points or 0.42% at $30.95 with 3,189,327 shares getting traded. Post opening the session at $30.98, the shares hit an intraday low of $30.93 and an intraday high of $31.38 and the price was in this range throughout the day. The company has a market cap of $10,537 million and the number of outstanding shares have been calculated to be 340,445,770 shares. The 52-week high of Mattel (NASDAQ:MAT) is $34.76 and the 52-week low is $19.445.

Many analysts have stated their opinion on the company shares. JP Morgan initiates coverage on Mattel (NASDAQ:MAT) The current rating of the shares is Overweight. Equity Analysts at the Firm announces the price target to $38 per share. The rating by the firm was issued on April 7, 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.

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