Traders Purchase High Volume of Call Options on Mattel (NASDAQ:MAT)

Mattel, Inc. (NASDAQ:MAT) was the target of some unusual options trading activity on Wednesday. Stock investors bought 8,105 call options on the stock. This is an increase of approximately 261% compared to the average daily volume of 2,244 call options.

Analysts Set New Price Targets

A number of research firms have commented on MAT. The Goldman Sachs Group lowered 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. Citigroup decreased 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. Odeon Capital Group started coverage on Mattel in a report on Thursday, July 16th. They issued a “buy” rating on the stock. Roth Capital decreased their price objective on Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Finally, Argus reiterated a “buy” rating and issued a $22.00 target price on shares of Mattel in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Mattel currently has an average rating of “Hold” and a consensus price target of $17.80.

Insider Transactions at Mattel

In other news, EVP Roberto 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 transaction of $587,026.66. Following the completion of the transaction, the executive vice president 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Mattel

Several institutional investors and hedge funds have recently bought and sold shares of MAT. EdgePoint Investment Group Inc. lifted its stake in shares of Mattel by 3.8% in the 1st quarter. EdgePoint Investment Group Inc. now owns 49,140,882 shares of the company’s stock valued at $714,017,000 after purchasing an additional 1,799,640 shares during the period. Primecap Management Co. CA purchased a new position in Mattel during the second quarter valued at $409,540,000. BlackRock Inc. bought a new stake in shares of Mattel during the 2nd quarter valued at $363,273,000. Dimensional Fund Advisors LP grew its position in shares of Mattel by 7.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,052,845 shares of the company’s stock worth $160,591,000 after buying an additional 783,102 shares during the period. Finally, LSV Asset Management increased its stake in shares of Mattel by 1.8% in the 4th quarter. LSV Asset Management now owns 6,126,432 shares of the company’s stock worth $121,548,000 after acquiring an additional 108,622 shares in the last quarter. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Mattel and BBC Studios announced a multi-year global licensing partnership that will bring Bluey products to five Mattel franchises: Barbie, Hot Wheels, Fisher-Price, Polly Pocket and UNO. Products are expected to launch beginning this fall, expanding Mattel’s portfolio with a popular children’s entertainment property and potentially supporting licensing revenue, retail traffic and consumer engagement. Financial terms were not disclosed. Mattel and BBC Studios Expand the World of Bluey Through Multi-Brand Global Licensing Partnership
• Positive Sentiment: The Bluey agreement reinforces Mattel’s strategy of becoming a broader entertainment and fandom company rather than relying solely on traditional toy sales. The partnership could create cross-category opportunities across toys, games and collectibles. Mattel and BBC Studios Expand the World of Bluey Through Multi-Brand Global Licensing Partnership
• Positive Sentiment: Mattel is also extending Barbie into digital entertainment through a planned “Barbie Pack” downloadable-content release for PowerWash Simulator 2, providing another way to monetize and promote the brand beyond physical toys. PowerWash Simulator 2 Barbie Pack DLC
• Neutral Sentiment: Reports that a Barbie sequel remains possible offer franchise upside, but no confirmed production timeline or financial details were announced. Barbie Sequel Possibility
• Neutral Sentiment: Coverage of Mattel’s Barbie dolls being sent to the International Space Station highlights the brand’s educational and STEM marketing reach, but the older initiative is unlikely to materially affect near-term results. Barbie Mission DreamStar STEM Series

Mattel Trading Up 0.2%

Mattel stock traded up $0.03 during trading hours on Wednesday, reaching $13.45. The stock had a trading volume of 1,853,947 shares, compared to its average volume of 4,662,221. The company has a fifty day simple moving average of $14.48 and a 200-day simple moving average of $14.68. Mattel has a 52 week low of $12.73 and a 52 week high of $22.48. The stock has a market cap of $3.84 billion, a PE ratio of 9.89, a PEG ratio of 1.54 and a beta of 0.72. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.90 and a quick ratio of 1.26.

Mattel (NASDAQ:MAT) last posted its earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Mattel had a return on equity of 16.20% and a net margin of 7.79%.The business’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.19 earnings per share. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Analysts forecast that Mattel will post 1.31 EPS for the current fiscal year.

Mattel Company Profile

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets toys, games and consumer products. Its portfolio includes well-known brands such as Barbie, Hot Wheels, Fisher-Price, Matchbox, American Girl, UNO, Thomas & Friends and Masters of the Universe.

The company also develops entertainment and experiences based on its intellectual property, including content, films, television projects, digital games, live events and location-based attractions. Mattel generates additional business through licensing its brands for products and services produced by other companies.

Founded in 1945 and headquartered in El Segundo, California, Mattel serves consumers in markets around the world through retail, e-commerce and other distribution channels.