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

Key Points

• Unusual options activity: Traders purchased 17,103 Mattel call options, 174% above the typical volume of 6,239 contracts, signaling heightened interest in potential upside.
• Stock and earnings: Mattel shares reached $16.98, while the company’s latest quarterly EPS of $0.01 missed estimates but revenue rose 10.5% year over year to $1.13 billion.
• Mixed analyst sentiment: Ratings remain divided, with a consensus “Hold” rating and an $18.00 target price; Mattel insiders own 1.90% of the stock, while institutional investors hold 97.15%.

Mattel, Inc. (NASDAQ:MAT - Get Free Report) saw some unusual options trading activity on Tuesday. Traders acquired 17,103 call options on the company. This is an increase of 174% compared to the typical volume of 6,239 call options.

Mattel Stock Performance

NASDAQ:MAT traded up $0.10 during trading hours on Tuesday, reaching $16.98. 2,585,542 shares of the stock were exchanged, compared to its average volume of 5,146,623. 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 simple moving average of $14.74 and a 200-day simple moving average of $14.58. Mattel has a 52 week low of $12.40 and a 52 week high of $22.48. The stock has a market capitalization of $4.85 billion, a P/E ratio of 12.49, a P/E/G ratio of 1.83 and a beta of 0.70.

Mattel (NASDAQ:MAT - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The firm had revenue of $1.13 billion during 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%. Mattel's revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.19 EPS. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. As a group, sell-side analysts forecast that Mattel will post 1.30 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on MAT. Argus reissued a "buy" rating and issued a $22.00 price target on shares of Mattel in a report on Tuesday, August 25th. Seaport Research Partners upgraded Mattel from a "neutral" rating to a "buy" rating and set a $20.00 price objective for the company in a research note on Monday, October 12th. The Goldman Sachs Group downgraded Mattel from a "neutral" rating to a "sell" rating and dropped their price objective for the stock from $15.00 to $12.00 in a report on Thursday, July 9th. Weiss Ratings lowered Mattel from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, August 11th. Finally, Roth Capital reduced their target price on Mattel from $16.00 to $15.00 and set a "neutral" rating for the company in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, Mattel currently has a consensus rating of "Hold" and a consensus target price of $18.00.

Insider Buying and Selling at Mattel

In other news, EVP Roberto Isaias sold 39,083 shares of the firm's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $15.02, for a total transaction of $587,026.66. Following the completion of the sale, the executive vice president directly owned 144,390 shares in the company, valued at $2,168,737.80. This trade represents a 21.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Mattel

Several institutional investors and hedge funds have recently bought and sold shares of MAT. State of Alaska Department of Revenue increased its stake in shares of Mattel by 15.9% in the third quarter. State of Alaska Department of Revenue now owns 90,894 shares of the company's stock worth $1,150,000 after acquiring an additional 12,496 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Mattel by 43.0% during the third quarter. GAMMA Investing LLC now owns 4,311 shares of the company's stock worth $55,000 after acquiring an additional 1,297 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Mattel by 253.8% during the third quarter. Farther Finance Advisors LLC now owns 3,559 shares of the company's stock valued at $45,000 after purchasing an additional 2,553 shares during the last quarter. Byrne Asset Management LLC purchased a new position in Mattel in the third quarter valued at about $174,000. Finally, Tidal Investments LLC grew its stake in Mattel by 184.6% in the second quarter. Tidal Investments LLC now owns 160,814 shares of the company's stock valued at $2,232,000 after purchasing an additional 104,302 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company's stock.

About Mattel

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets a broad portfolio of toys, games and consumer products. Its best-known brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Matchbox, UNO, Masters of the Universe and Thomas & Friends. Mattel also develops entertainment content and licenses its intellectual property for use in consumer products, digital experiences and other media.

Founded in 1945, Mattel has expanded from a U.S.

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