Mattel, Inc’s recent filing unveils 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 $1.76 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 fall -0.17% to $17.24. Over the last five days, the stock has gained 5.25%. Mattel, Inc shares have fallen nearly -2.76% since the year began. Nevertheless, the stocks have fallen -7.91% over the past one year. While a 52-week high of $22.07 was reached on 02/14/25, a 52-week low of $13.94 was recorded on 04/11/25. SMA at 50 days reached $17.86, while 200 days put it at $18.81.
Levels Of Support And Resistance For MAT Stock
The 24-hour chart illustrates a support level at 17.11, which if violated will result in even more drops to 16.97. On the upside, there is a resistance level at 17.44. A further resistance level may holdings at 17.63. The Relative Strength Index (RSI) on the 14-day chart is 56.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.31%. Stochastics %K at 89.56% indicates the stock is a selling.
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.
