BlackRock Updates Mattel Stake as of Dec 31, 2023

Ticker: MAT · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**BlackRock just updated its Mattel holdings, showing continued institutional interest.**

AI Summary

BlackRock Inc. has filed an Amendment No. 17 to its Schedule 13G, indicating its ownership of Mattel Inc. common stock as of December 31, 2023. This filing, made on January 25, 2024, updates their previously reported stake in the toy company. For investors, this matters because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in Mattel's future performance, potentially influencing other investors.

Why It Matters

This filing shows that BlackRock, a significant institutional investor, continues to hold a position in Mattel, which can be seen as a vote of confidence in the company's long-term prospects.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a large institutional investor and does not indicate any immediate significant risk or opportunity.

Analyst Insight

A smart investor would note BlackRock's continued presence as a shareholder but recognize this routine amendment doesn't signal a new buying or selling opportunity; instead, they would look for more substantive news or financial reports for investment decisions.

Key Players & Entities

Forward-Looking Statements

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 17, as stated in the filing.

Who is the reporting person in this filing?

The reporting person is BlackRock, Inc., as clearly identified under 'Names of reporting persons' and 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.

What is the subject company whose securities are being reported?

The subject company is MATTEL INC /DE/, as stated under 'Name of Issuer' and 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MATTEL INC /DE/'.

What was the date of the event that required this filing?

The date of the event which required the filing of this statement was December 31, 2023, as indicated in the filing.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)'.

From the Filing

EDGAR Filing Documents for 0001086364-24-003310 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-003310 Filing Date 2024-01-25 Accepted 2024-01-25 13:48:55 Documents 1 Document Format Files Seq Description Document Type Size 1 us5770811025_012524.txt SC 13G/A 11825 Complete submission text file 0001086364-24-003310.txt 13495 Mailing Address Business Address 333 CONTINENTAL BLVD EL SEGUNDO CA 90245 3102522000 MATTEL INC /DE/ (Subject) CIK : 0000063276 (see all company filings) EIN. : 951567322 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-30451 | Film No.: 24561097 SIC : 3942 Dolls & Stuffed Toys (CF Office: 04 Manufacturing) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)

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