"I think what people pay attention to is Barbie the toy, and what we're trying to focus on is that Barbie is a brand much bigger than an 11-inch fashion doll," Jessica Dunne, Mattel's general manager and senior vice president, consumer products, told WWD.
The most famous toy manufacturing company in the world, Mattel, will be partnering up with Forever 21, Wildfox and Lord & Taylor to create a fashion range inspired by their most famous creation; Barbie.
The vast amount of insider and institutional shareholder selling warrants a closer look at Mattel's fundamentals. The growing female body image movement will continue to hurt Barbie sales, and Mattel has not taken adequate steps to address this.
Looking at the universe of stocks we cover at Dividend Channel, on 8/25/14, Mattel Inc (NASD: MAT), Expedia Inc (NASD: EXPE), and Symetra Financial Corp (NYSE: SYA) will all trade ex-dividend for their respective upcoming dividends.
But making Mattel Inc an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of MAT entered into oversold territory, changing hands as low as $35.10 per share.