Nintendo (OTCMKTS:NTDOY) Shares Gap Up – Here’s What Happened

Nintendo Co. (OTCMKTS:NTDOY) gapped up before the market opened on Monday . The stock had previously closed at $10.63, but opened at $11.27. Nintendo shares last traded at $11.28, with a volume of 602,757 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Benchmark restated a “buy” rating on shares of Nintendo in a report on Monday, May 11th. TD Cowen reiterated a “buy” rating on shares of Nintendo in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

Nintendo Stock Performance

The firm’s 50 day moving average price is $11.04 and its two-hundred day moving average price is $13.03. The firm has a market cap of $60.24 billion, a PE ratio of 19.50 and a beta of 0.39.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. Nintendo had a net margin of 18.33% and a return on equity of 13.74%. The business had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $2.63 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. On average, analysts forecast that Nintendo Co. will post 0.51 earnings per share for the current year.

Institutional Investors Weigh In On Nintendo

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Nintendo by 47.6% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,100 shares of the company’s stock valued at $32,000 after purchasing an additional 1,000 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Nintendo by 11.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company’s stock worth $143,000 after purchasing an additional 1,023 shares during the last quarter. DRW Securities LLC acquired a new stake in shares of Nintendo during the 4th quarter worth about $295,000. O Brien Greene & Co. Inc raised its holdings in Nintendo by 2.1% in the 4th quarter. O Brien Greene & Co. Inc now owns 38,050 shares of the company’s stock valued at $642,000 after buying an additional 800 shares during the period. Finally, AdvisorShares Investments LLC raised its holdings in Nintendo by 4.9% in the 4th quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock valued at $872,000 after buying an additional 2,413 shares during the period. Hedge funds and other institutional investors own 0.02% of the company’s stock.

Nintendo Company Profile

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.