Chief Financial Office of Mattel Inc., Kevin Farr sold 25,000 shares of Mattel, which trades under the symbol MAT on Feb. 18. Chairman and CEO of the company, Robert Eckert sold off even more shares at 144,388. Both sold shares at a price of $21.71 a share. The average share price for the company, which has a market cap of 7.87 billion, was $21.74 a share. Mattel, maker of Barbie Scrabble, Magic 8 Balls and many other children’s games and toys had an average annual earning growth of 2.4 percent for the last five years, The company is commonly found in high profile portfolios. Shares for the day had been trading at $21.78. About EQUITIES: Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community. Sign up for a free one-year subscription
