Mattel (MAT) : During the past 4 weeks, traders have been relatively bearish on Mattel (MAT), hence the stock is down -0.54% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.45% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.04% in the last 1 week, and is up 3.81% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.6% and the 50-Day Moving Average is 5.03%.
Mattel (NASDAQ:MAT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.99 and $32.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.30. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.96, notching a gain of 0.12% for the day. The total traded volume was 3,601,353 . The stock had closed at $32.92 on the previous day.
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 96.26% of Mattel shares. During last six month period, the net percent change held by insiders has seen a change of -12.19%. In a related news, 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, 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.