Shares of Mattel, Inc. (MAT) Sees Large Inflow of Net Money Flow

The shares of Mattel, Inc. (MAT) traded with a loss of -0.7 points or -2.67% in the most recent session. The shares last traded at $25.51. As per the trading info, the shares saw $33.61 million in upticks and lost $25.62 million in downticks, resulting in a net money flow of $7.99 million. The up/down ratio for the day was measured at 1.31. For the week, the shares had posted -3.7%.From the block trade data available, the total upticks were valued at $11.45 million and the total downticks were valued at $5.09 million, thereby putting the up/down ratio at 2.25. The net money flow for the block transaction was $6.37 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Mattel, Inc. has lost 19.17% in the last five trading days and dropped 7.4% in the last 4 weeks. Mattel, Inc. has dropped 18.11% during the last 3-month period . Year-to-Date the stock performance stands at -7.4%. Mattel, Inc. (NASDAQ:MAT) witnessed a decline in the market cap on Wednesday as its shares dropped 2.67% or 0.7 points. After the session commenced at $26.28, the stock reached the higher end at $26.28 while it hit a low of $25.35. With the volume soaring to 7,508,840 shares, the last trade was called at $25.51. The company has a 52-week high of $34.76. The company has a market cap of $8,726 million and there are 342,045,280 shares in outstanding. The 52-week low of the share price is $25.35.

Company has reported several Insider transactions to the SEC, on Nov 22, 2016, Dominic Ng (director) sold 9,000 shares at 30.79 per share price.On Aug 31, 2016, Geoffrey H Walker (EVP, Chief Strategic Tech Off) sold 7,128 shares at 33.57 per share price.On May 23, 2016, Loyd Kathy White (director) sold 2,700 shares at 30.60 per share price.

Mattel Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.52 EPS for the quarter, missing the analyst consensus estimate by $ -0.19. Analyst had a consensus of $0.71. The company had revenue of $1834.40 million for the quarter, compared to analysts expectations of $1975.71 million. The companys revenue was down -8.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.67 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Mattel was Reiterated by Stifel on Jan 27, 2017 to Hold, Lowers Price Target to $ 26 from a previous price target of $34 .Mattel was Reiterated by Monness Crespi & Hardt on Jan 26, 2017 to Buy, Lowers Price Target to $ 34 from a previous price target of $37 .

Mattel, Inc. designs, manufactures, and markets a broad variety of family products on a worldwide basis through both sales to retailers and direct to consumers. Mattels business is dependent in great part on its ability each year to redesign, restyle and extend existing core products and product lines, to design and develop innovative new products and product lines, and successfully market those products and product lines.


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