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

Mattel, Inc. (NASDAQ:MAT) saw some unusual options trading on Wednesday. Investors acquired 8,105 call options on the company. This represents an increase of 261% compared to the typical volume of 2,244 call options.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Roth Capital lowered their price target on shares of Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. The Goldman Sachs Group downgraded shares of Mattel from a “neutral” rating to a “sell” rating and cut their target price for the company from $15.00 to $12.00 in a research report on Thursday, July 9th. Citigroup lowered their price target on shares of Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday, July 10th. Weiss Ratings downgraded shares of Mattel from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Finally, Odeon Capital Group initiated coverage on shares of Mattel in a report on Thursday, July 16th. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $17.80.

Insider Activity

In related news, EVP Roberto Isaias sold 39,083 shares of Mattel stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $15.02, for a total value of $587,026.66. Following the completion of the transaction, the executive vice president directly owned 144,390 shares of the company’s stock, valued at $2,168,737.80. The trade was a 21.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Mattel

Several institutional investors have recently bought and sold shares of MAT. Tidal Investments LLC boosted its stake in shares of Mattel by 184.6% during the 2nd quarter. Tidal Investments LLC now owns 160,814 shares of the company’s stock worth $2,232,000 after buying an additional 104,302 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Mattel in the 2nd quarter worth about $37,000. Squarepoint Ops LLC increased its stake in Mattel by 47.0% during the 2nd quarter. Squarepoint Ops LLC now owns 3,481,088 shares of the company’s stock worth $48,318,000 after acquiring an additional 1,112,467 shares during the period. Nykredit A S bought a new position in shares of Mattel in the second quarter worth $105,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Mattel in the 2nd quarter valued at about $271,000. Institutional investors own 97.15% of the company’s stock.

Mattel Trading Up 0.2%

Shares of MAT 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 market cap of $3.84 billion, a P/E ratio of 9.89, a P/E/G ratio of 1.54 and a beta of 0.72. Mattel has a 52 week low of $12.73 and a 52 week high of $22.48. The company has a quick ratio of 1.26, a current ratio of 1.90 and a debt-to-equity ratio of 1.17. The firm has a 50-day moving average of $14.48 and a 200 day moving average of $14.68.

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

More Mattel News

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 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.