JAKKS Pacific, Inc. (NASDAQ:JAKK) CEO Stephen G. Berman bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average price of $3.40 per share, with a total value of $34,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
JAKKS Pacific, Inc. (JAKK) traded up 2.94% during midday trading on Friday, reaching $3.50. 54,380 shares of the company’s stock traded hands. JAKKS Pacific, Inc. has a 52-week low of $3.05 and a 52-week high of $9.75. The stock has a 50-day moving average of $3.60 and a 200 day moving average of $4.56. The company’s market cap is $79.70 million.
JAKKS Pacific (NASDAQ:JAKK) last issued its earnings results on Tuesday, July 25th. The company reported ($0.66) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.21) by $0.45. The business had revenue of $119.57 million for the quarter, compared to analyst estimates of $134.02 million. JAKKS Pacific had a negative return on equity of 7.07% and a negative net margin of 1.76%. The firm’s revenue was down 15.2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.27) EPS. On average, analysts anticipate that JAKKS Pacific, Inc. will post $0.17 earnings per share for the current fiscal year.
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JAKK has been the subject of a number of recent analyst reports. Stifel Nicolaus increased their target price on shares of JAKKS Pacific from $5.50 to $6.00 and gave the stock a “hold” rating in a research report on Wednesday, April 26th. Zacks Investment Research upgraded shares of JAKKS Pacific from a “sell” rating to a “hold” rating in a research report on Friday, April 28th. DA Davidson restated a “neutral” rating and issued a $5.00 price objective on shares of JAKKS Pacific in a research report on Tuesday, May 23rd. TheStreet cut shares of JAKKS Pacific from a “c-” rating to a “d+” rating in a research report on Tuesday, July 25th. Finally, BMO Capital Markets set a $4.00 price objective on shares of JAKKS Pacific and gave the company a “hold” rating in a research report on Wednesday, July 26th. Eight analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average price target of $5.46.
JAKKS Pacific Company Profile
JAKKS Pacific, Inc is a multi-line, multi-brand toy company. The Company designs, produces, markets and distributes toys and related products, pet toys, consumables and related products, electronics and related products, kids indoor and outdoor furniture, and other consumer products. The Company operates through two business segments: traditional toys and electronics, and role play, novelty and seasonal toys.
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