Mattel, Inc’s filing revealed that its President, Chief Comm Officer TOTZKE STEVE unloaded Company’s shares for reported $0.85 million on May 13 ’24. In the deal valued at $18.90 per share,45,216 shares were sold. As a result of this transaction, TOTZKE STEVE now holds 101,902 shares worth roughly $2.19 million.
Then, TOTZKE STEVE sold 23,662 shares, generating $446,999 in total proceeds. Upon selling the shares at $18.89, the President, Chief Comm Officer now owns 152,018 shares.
Before that, TOTZKE STEVE sold 4,900 shares. Mattel, Inc shares valued at $92,610 were divested by the President, Chief Comm Officer at a price of $18.90 per share. As a result of the transaction, TOTZKE STEVE now holds 147,118 shares, worth roughly $3.16 million.
Jefferies upgraded its Mattel, Inc [MAT] rating to a Buy from a a Hold in a research note published on February 05, 2025; the price target was increased to $28 from $20. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early February from “an Overweight” to “a Neutral”. Morgan Stanley also remained covering MAT and has decreased its forecast on January 17, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. ROTH MKM revised its rating on January 04, 2024. It rated MAT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of MAT
On Friday, Mattel, Inc [NASDAQ:MAT] saw its stock jump 0.23% to $21.48. Over the last five days, the stock has gained 15.24%. Mattel, Inc shares have risen nearly 21.15% since the year began. Nevertheless, the stocks have risen 15.98% over the past one year. While a 52-week high of $21.88 was reached on 02/06/25, a 52-week low of $15.87 was recorded on 01/02/25. SMA at 50 days reached $18.63, while 200 days put it at $18.48.
Levels Of Support And Resistance For MAT Stock
The 24-hour chart illustrates a support level at 21.24, which if violated will result in even more drops to 21.01. On the upside, there is a resistance level at 21.67. A further resistance level may holdings at 21.87. The Relative Strength Index (RSI) on the 14-day chart is 74.22, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.62%. Stochastics %K at 88.62% indicates the stock is a selling.
How much short interest is there in Mattel, Inc?
A steep rise in short interest was recorded in Mattel, Inc stocks on 2025-01-15, growing by 0.72 million shares to a total of 13.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 12.95 million shares. There was a rise of 5.27%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 20, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $26 price target.
