In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Mattel Inc. (NASDAQ:MAT) reported that Primecap Management Co/ca/ has picked up 19,698,580 of common stock as of 2017-07-06.
The acquisition brings the aggregate amount owned by Primecap Management Co/ca/ to a total of 19,698,580 representing a 5.75% stake in the company.
For those not familiar with the company, Mattel, Inc. manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands. The Mattel Girls & Boys Brands category includes Barbie fashion dolls, Monster High, Disney Classics, Ever After High, Little Mommy, and Polly Pocket, Hot Wheels and Matchbox vehicles and play sets, and CARS, Disney Planes, BOOMco, Toy Story, Max Steel, WWE Wrestling and DC Comics. The Fisher-Price Brands category includes Fisher-Price, Little People, BabyGear, Laugh & Learn, Imaginext, Thomas & Friends, Blaze and The Monster Machines, Shimmer and Shine, Mickey Mouse Clubhouse, Minnie Mouse, Octonauts, and Power Wheels. The Construction and Arts & Crafts Brands category includes MEGA BLOKS, RoseArt and Board Dudes.
A glance at Mattel Inc. (NASDAQ:MAT)’s key stats reveals a current market capitalization of $7.15 Billion based on $342.56 Million shares outstanding and a price at last close of $20.81 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-04-24, Scarborough picked up 47,000 at a purchase price of $21.95. This brings their total holding to 77,573 as of the date of the filing.
On the sell side, the most recent transaction saw Ng unload 4,500 shares at a sale price of $30.79. This brings their total holding to 9,500.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an Mattel Inc. (NASDAQ:MAT) as things move forward to see if its progress aligns with these transactions.
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