Key Points
- Mattel EVP Zanatta Roberto Jacobo Isaias sold 39,083 shares for approximately $587,027 at an average price of $15.02, reducing his direct ownership by 21.3% to 144,390 shares.
- Mattel reported quarterly revenue of $1.13 billion, up 10.5% year over year and above estimates, but EPS of $0.01 missed the $0.04 consensus. The company issued fiscal 2026 EPS guidance of $1.27–$1.39.
- Mattel shares opened at $14.64, while analyst sentiment remained mixed with a consensus “Hold” rating and an average price target of $17.80; institutional investors own 97.15% of the stock.
Mattel, Inc. (NASDAQ:MAT - Get Free Report) EVP Zanatta Roberto Jacobo Isaias sold 39,083 shares of the firm's stock in a transaction 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 sale, the executive vice president directly owned 144,390 shares of the company's stock, valued at approximately $2,168,737.80. This trade represents a 21.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Mattel Stock Performance
NASDAQ:MAT opened at $14.64 on Thursday. The company has a quick ratio of 1.26, a current ratio of 1.90 and a debt-to-equity ratio of 1.17. Mattel, Inc. has a fifty-two week low of $12.73 and a fifty-two week high of $22.48. The stock has a market cap of $4.18 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 1.60 and a beta of 0.72. The firm's fifty day simple moving average is $14.39 and its 200-day simple moving average is $14.87.
Mattel (NASDAQ:MAT - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share (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 company had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.10 billion. During the same quarter in the prior year, the business earned $0.19 EPS. The business's revenue for the quarter was up 10.5% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Analysts expect that Mattel, Inc. will post 1.32 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Mattel in the 2nd quarter valued at approximately $271,000. California State Teachers Retirement System increased its position in Mattel by 1,146.0% during the second quarter. California State Teachers Retirement System now owns 4,648,162 shares of the company's stock worth $64,516,000 after buying an additional 4,275,111 shares in the last quarter. AlphaGrep UK Ltd acquired a new position in shares of Mattel in the second quarter worth $436,000. TD Waterhouse Canada Inc. raised its holdings in shares of Mattel by 10.5% in the second quarter. TD Waterhouse Canada Inc. now owns 39,837 shares of the company's stock worth $548,000 after acquiring an additional 3,780 shares during the last quarter. Finally, Nykredit A S purchased a new stake in shares of Mattel in the second quarter valued at $105,000. 97.15% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on MAT shares. The Goldman Sachs Group downgraded shares of Mattel from a "neutral" rating to a "sell" rating and reduced their price target for the company from $15.00 to $12.00 in a research report on Thursday, July 9th. Roth Capital dropped their price objective on Mattel from $16.00 to $15.00 and set a "neutral" rating for the company in a research note on Tuesday, July 14th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Mattel in a report on Wednesday, May 6th. Wall Street Zen downgraded Mattel from a "buy" rating to a "hold" rating in a research report on Sunday, May 10th. Finally, Citigroup dropped their price target on Mattel from $16.00 to $15.00 and set a "neutral" rating for the company in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $17.80.
Get Our Latest Stock Analysis on MAT
Mattel Company Profile
(
Get Free Report)
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.
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