Nintendo (OTCMKTS:NTDOY) Trading Down 6.8% – Time to Sell?

Shares of Nintendo Co. (OTCMKTS:NTDOY) fell 6.8% on Wednesday . The company traded as low as $12.85 and last traded at $12.95. Approximately 1,045,322 shares were traded during trading, a decline of 68% from the average session volume of 3,234,394 shares. The stock had previously closed at $13.90.

Analyst Ratings Changes

Separately, Citigroup reissued a “buy” rating on shares of Nintendo in a research note on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Nintendo Trading Down 1.5%

The firm has a market capitalization of $66.47 billion, a P/E ratio of 19.56 and a beta of 0.43. The company has a 50-day moving average of $12.45 and a 200-day moving average of $12.57.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.10. Nintendo had a return on equity of 16.11% and a net margin of 21.00%.The firm had revenue of $3.29 billion for the quarter, compared to analyst estimates of $2.72 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. Research analysts predict that Nintendo Co. will post 0.58 EPS for the current year.

Institutional Investors Weigh In On Nintendo

A number of institutional investors have recently modified their holdings of the company. Hantz Financial Services Inc. acquired a new stake in shares of Nintendo in the 4th quarter valued at about $875,000. Appleton Partners Inc. MA boosted its holdings in Nintendo by 27.9% in the first quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock worth $2,248,000 after acquiring an additional 35,581 shares in the last quarter. DRW Securities LLC acquired a new stake in Nintendo in the fourth quarter valued at approximately $295,000. AdvisorShares Investments LLC grew its stake in Nintendo by 4.9% in the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock valued at $872,000 after acquiring an additional 2,413 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Nintendo by 13.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,964 shares of the company’s stock valued at $151,000 after acquiring an additional 1,073 shares in the last quarter. 0.02% of the stock is owned by institutional investors.

Nintendo Company Profile

Nintendo Co, Ltd. is a Japan-based entertainment company that develops and publishes interactive video games and related hardware, software and digital content. Its business centers on dedicated gaming platforms, first-party software and accessories, supported by a portfolio of globally recognized intellectual properties, including Mario, The Legend of Zelda, Pokémon, Animal Crossing and Splatoon.

The company’s current platform business includes the Nintendo Switch family of consoles, along with downloadable games, add-on content and subscription services distributed through Nintendo eShop and Nintendo Switch Online.