Nintendo Co. (OTCMKTS:NTDOY) Short Interest Update

Nintendo Co. (OTCMKTS:NTDOY – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,302,907 shares, an increase of 60.6% from the August 31st total of 2,679,133 shares. Based on an average daily trading volume, of 3,231,931 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the company’s stock are short sold.

Nintendo Stock Up 0.3%

NTDOY traded up $0.04 during mid-day trading on Wednesday, reaching $12.56. 514,932 shares of the company traded hands, compared to its average volume of 3,129,388. The company’s fifty day moving average price is $13.00 and its 200-day moving average price is $12.47. The stock has a market capitalization of $64.67 billion, a P/E ratio of 19.03 and a beta of 0.43. Nintendo has a 52-week low of $10.18 and a 52-week high of $22.89.

Nintendo (OTCMKTS:NTDOY – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.10. Nintendo had a return on equity of 16.31% and a net margin of 21.00%.The firm had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $2.72 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. As a group, sell-side analysts forecast that Nintendo will post 0.58 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nintendo

A number of large investors have recently made changes to their positions in NTDOY. Appleton Partners Inc. MA increased its position in shares of Nintendo by 27.9% during the 1st quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock valued at $2,248,000 after purchasing an additional 35,581 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Nintendo by 11.4% in the first quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company’s stock worth $143,000 after buying an additional 1,023 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Nintendo by 47.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,100 shares of the company’s stock worth $32,000 after buying an additional 1,000 shares during the last quarter. 0.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

NTDOY has been the subject of a number of recent analyst reports. UBS Group lowered shares of Nintendo from a “neutral” rating to a “sell” rating in a report on Friday, September 25th. BNP Paribas Exane started coverage on Nintendo in a research note on Tuesday, September 22nd. They set a “neutral” rating on the stock. Finally, Citigroup reissued a “buy” rating on shares of Nintendo in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

View Our Latest Stock Analysis on Nintendo

About Nintendo

(Get Free Report)

Nintendo Co, Ltd. is a Japan-based entertainment company headquartered in Kyoto. Founded in 1889 by Fusajiro Yamauchi as a manufacturer of handmade hanafuda playing cards, the company later expanded into electronic games and became one of the world’s best-known interactive entertainment businesses.

Nintendo develops and publishes video game hardware, software and related accessories. Its product portfolio includes dedicated gaming systems such as the Nintendo Switch family, first-party games and franchises including Super Mario, The Legend of Zelda, Pokémon, Animal Crossing and Mario Kart, as well as digital content and services.

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