Large Outflow of Money Witnessed in Mattel

Mattel (MAT) : The total money flow in Mattel (MAT) was negative ($2.47 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $8.95 million. In comparison, the inflow of money into the stock on upticks was $6.48 million. The uptick to downtick ratio was 0.72. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $2.9 million. The value of transactions on uptick was $0.41 million. The negative money flow of ($2.49 million) confirms the selling in Mattel (MAT) on strength. The uptick to downtick ratio of block trades was 0.14. Mattel (MAT) gained $0.2 at $32.93, a gain of 0.61% over the previous days close. However, the stock registered -0.09% in the week.


Mattel (MAT) : Currently there are 10 street experts covering Mattel (MAT) stock. The most bullish and bearish price target for the stock is $38 and $28 respectively for the short term. The average price target of all the analysts comes to $34. The estimated standard deviation from the target is $3.74.

Mattel (NASDAQ:MAT): stock turned positive on Friday. Though the stock opened at $32.7, the bulls momentum made the stock top out at $33 level for the day. The stock recorded a low of $32.565 and closed the trading day at $32.76, in the green by 0.09%. The total traded volume for the day was 3,508,980. The stock had closed at $32.73 in the previous days trading.

In a related news, The director, of Mattel Inc /De/, White Loyd Kathy had unloaded 2,700 shares at $30.6 per share in a transaction on May 20, 2016. The total value of transaction was $82,620. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.