JAKKS Pacific, Inc. (NASDAQ:JAKK) CEO Stephen G. Berman bought 10,000 shares of JAKKS Pacific stock in a transaction dated Monday, August 7th. The shares were bought at an average cost of $3.40 per share, with a total value of $34,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

JAKKS Pacific, Inc. (JAKK) opened at 3.35 on Tuesday. JAKKS Pacific, Inc. has a 12-month low of $3.15 and a 12-month high of $9.75. The company’s market capitalization is $72.41 million. The company has a 50-day moving average of $3.83 and a 200 day moving average of $4.73.

JAKKS Pacific (NASDAQ:JAKK) last announced its earnings results on Tuesday, July 25th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by $0.45. The business had revenue of $119.57 million for the quarter, compared to the consensus estimate of $134.02 million. JAKKS Pacific had a negative net margin of 1.76% and a negative return on equity of 7.07%. The business’s quarterly revenue was down 15.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.27) earnings per share. Equities research analysts forecast 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 research reports. Stifel Nicolaus increased their target price on shares of JAKKS Pacific from $5.50 to $6.00 and gave the company a “hold” rating in a research report on Wednesday, April 26th. Jefferies Group LLC initiated coverage on shares of JAKKS Pacific in a research report on Thursday, June 8th. They set a “hold” rating and a $4.50 target price for the company. Zacks Investment Research downgraded shares of JAKKS Pacific from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 27th. BMO Capital Markets reissued a “hold” rating and set a $6.00 target price on shares of JAKKS Pacific in a research report on Thursday, July 13th. Finally, DA Davidson reissued a “neutral” rating and set a $5.00 target price on shares of JAKKS Pacific in a research report on Tuesday, May 23rd. One investment analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $5.46.

A number of hedge funds have recently made changes to their positions in JAKK. KCG Holdings Inc. raised its stake in shares of JAKKS Pacific by 48.9% in the first quarter. KCG Holdings Inc. now owns 21,381 shares of the company’s stock valued at $118,000 after buying an additional 7,023 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of JAKKS Pacific by 0.5% in the first quarter. Goldman Sachs Group Inc. now owns 24,530 shares of the company’s stock valued at $135,000 after buying an additional 117 shares during the period. Tudor Investment Corp ET AL raised its stake in shares of JAKKS Pacific by 16.5% in the first quarter. Tudor Investment Corp ET AL now owns 25,835 shares of the company’s stock valued at $142,000 after buying an additional 3,664 shares during the period. Stifel Financial Corp raised its stake in shares of JAKKS Pacific by 2.9% in the first quarter. Stifel Financial Corp now owns 28,401 shares of the company’s stock valued at $155,000 after buying an additional 800 shares during the period. Finally, Hancock Holding Co. raised its stake in shares of JAKKS Pacific by 62.7% in the first quarter. Hancock Holding Co. now owns 31,345 shares of the company’s stock valued at $172,000 after buying an additional 12,085 shares during the period. Institutional investors own 66.44% of the company’s stock.

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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