Institutional Investors Buy 1,000,000 Mattel Shares Valued at $13.9M
Serenity Capital Management acquired 1,000,000 Mattel shares valued at about $13.88 million. Recent research activity was mixed: Citigroup cut its price objective and set a neutral rating, while Argus reiterated a buy target; Roth Capital also shifted to neutral. Consensus is Hold with an average target price of $17.80, alongside reported stake increases from EdgePoint and Alyeska.