Nintendo Co. $NTDOY Shares Sold by Lyrical Asset Management LP

Key Points

• Lyrical Asset Management LP reduced its stake in Nintendo Co. by 10.7%, selling 26,248 shares, and now holds 219,520 shares valued at approximately $3.77 million.
• Several institutional investors have increased their stakes in Nintendo, with First Horizon Advisors raising its stake by 192.5% and PNC Financial Services Group by 16.4% during the first quarter.
• Nintendo's stock has a market cap of $125.09 billion and reached a 52-week high of $24.52, while the company's recent quarterly earnings met the consensus estimate at $0.09 EPS.

Lyrical Asset Management LP reduced its position in shares of Nintendo Co. (OTCMKTS:NTDOY - Free Report) by 10.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 219,520 shares of the company's stock after selling 26,248 shares during the period. Lyrical Asset Management LP's holdings in Nintendo were worth $3,769,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Horizon Advisors Inc. increased its position in Nintendo by 192.5% during the first quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company's stock worth $31,000 after purchasing an additional 1,201 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Nintendo by 16.4% during the first quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company's stock worth $91,000 after purchasing an additional 749 shares during the last quarter. GAMMA Investing LLC increased its position in Nintendo by 24.1% during the first quarter. GAMMA Investing LLC now owns 16,062 shares of the company's stock worth $276,000 after purchasing an additional 3,114 shares during the last quarter. Sterling Capital Management LLC acquired a new stake in Nintendo during the fourth quarter worth about $605,000. Finally, Appleton Partners Inc. MA increased its position in Nintendo by 1.5% during the first quarter. Appleton Partners Inc. MA now owns 130,744 shares of the company's stock worth $2,245,000 after purchasing an additional 1,969 shares during the last quarter. 0.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NTDOY has been the subject of a number of recent analyst reports. Citigroup initiated coverage on shares of Nintendo in a research report on Friday, May 2nd. They set a "buy" rating for the company. Wedbush upgraded shares of Nintendo to a "strong-buy" rating in a research report on Tuesday, July 1st. Finally, Benchmark upgraded shares of Nintendo to a "strong-buy" rating in a research report on Monday, May 19th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy".

Nintendo Price Performance

Shares of OTCMKTS NTDOY traded down $0.89 during midday trading on Tuesday, hitting $24.00. The company's stock had a trading volume of 364,399 shares, compared to its average volume of 1,994,391. Nintendo Co. has a 1 year low of $12.00 and a 1 year high of $24.92. The business's fifty day simple moving average is $22.35 and its two-hundred day simple moving average is $20.03. The firm has a market capitalization of $124.67 billion, a price-to-earnings ratio of 57.14 and a beta of 0.64.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.09 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.09. The company had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $448.24 billion. Nintendo had a net margin of 19.61% and a return on equity of 9.77%. Nintendo has set its FY 2026 guidance at 0.450-0.450 EPS. Analysts anticipate that Nintendo Co. will post 0.44 EPS for the current fiscal year.

Nintendo Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.