Nintendo (OTCMKTS:NTDOY) Shares Gap Up – Here’s What Happened

Nintendo Co. (OTCMKTS:NTDOY) gapped up prior to trading on Friday . The stock had previously closed at $13.1975, but opened at $13.89. Nintendo shares last traded at $13.95, with a volume of 912,149 shares traded.

Analysts Set New Price Targets

Several research firms recently issued reports on NTDOY. Benchmark reiterated a “buy” rating on shares of Nintendo in a research report on Monday, May 11th. Citigroup restated a “buy” rating on shares of Nintendo in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Nintendo currently has a consensus rating of “Hold”.

Nintendo Stock Up 5.9%

The company has a 50 day moving average price of $11.32 and a 200-day moving average price of $12.71. The company has a market cap of $71.93 billion, a price-to-earnings ratio of 21.17 and a beta of 0.39.

Nintendo (OTCMKTS:NTDOY) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.20 earnings per share 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 business had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $2.72 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. On average, analysts forecast that Nintendo Co. will post 0.55 EPS for the current fiscal year.

Institutional Trading of Nintendo

Several large investors have recently made changes to their positions in the company. O Brien Greene & Co. Inc raised its holdings in Nintendo by 2.1% during the fourth quarter. O Brien Greene & Co. Inc now owns 38,050 shares of the company’s stock worth $642,000 after buying an additional 800 shares during the last quarter. PNC Financial Services Group Inc. grew 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 buying an additional 1,073 shares during the last quarter. Hantz Financial Services Inc. acquired a new position in shares of Nintendo during the fourth quarter valued at about $875,000. AdvisorShares Investments LLC increased its position in shares of Nintendo by 4.9% during the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock worth $872,000 after acquiring an additional 2,413 shares in the last quarter. Finally, DRW Securities LLC bought a new stake in shares of Nintendo during the fourth quarter worth about $295,000. 0.02% of the stock is currently owned by institutional investors and hedge funds.

About Nintendo

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.