Zanatta Roberto Jacobo Isaias Sells 39,083 Shares of Mattel (NASDAQ:MAT) Stock

Mattel, Inc. (NASDAQ:MAT) EVP Roberto Isaias sold 39,083 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $15.02, for a total value of $587,026.66. Following the completion of the transaction, the executive vice president directly owned 144,390 shares in the company, valued at $2,168,737.80. The trade was a 21.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Mattel Price Performance

Shares of NASDAQ MAT opened at $14.30 on Friday. The firm has a market cap of $4.09 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 1.60 and a beta of 0.72. The business’s 50 day moving average is $14.40 and its 200-day moving average is $14.86. The company has a current ratio of 1.90, a quick ratio of 1.26 and a debt-to-equity ratio of 1.17. Mattel, Inc. has a 1-year low of $12.73 and a 1-year high of $22.48.

Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Mattel had a net margin of 7.79% and a return on equity of 16.20%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the company earned $0.19 earnings per share. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Equities research analysts predict that Mattel, Inc. will post 1.32 earnings per share for the current year.

Hedge Funds Weigh In On Mattel

A number of institutional investors have recently modified their holdings of the company. SJS Investment Consulting Inc. raised its holdings in Mattel by 2,959.6% during the first quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company’s stock worth $25,000 after buying an additional 1,687 shares during the last quarter. Quarry LP bought a new stake in shares of Mattel during the third quarter worth about $28,000. Los Angeles Capital Management LLC bought a new stake in shares of Mattel during the fourth quarter worth about $31,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Mattel in the 4th quarter worth about $36,000. Finally, Global Retirement Partners LLC bought a new position in Mattel in the 2nd quarter valued at about $38,000. 97.15% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Citigroup cut their target price on Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday, July 10th. Weiss Ratings downgraded shares of Mattel from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Roth Capital cut their price target on Mattel from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Argus reaffirmed a “buy” rating and set a $22.00 target price on shares of Mattel in a research report on Tuesday, August 25th. Finally, Wall Street Zen lowered shares of Mattel from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $17.80.

Mattel Company Profile

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.