Nintendo (OTCMKTS:NTDOY) Shares Down 6.8% – Should You Sell?

Shares of Nintendo Co. (OTCMKTS:NTDOY) fell 6.8% during mid-day trading on Tuesday . The company traded as low as $11.38 and last traded at $11.40. 1,491,232 shares traded hands during trading, a decline of 52% from the average session volume of 3,135,808 shares. The stock had previously closed at $12.23.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. TD Cowen reaffirmed a “buy” rating on shares of Nintendo in a report on Tuesday, April 14th. Benchmark reaffirmed a “buy” rating on shares of Nintendo in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Nintendo Trading Up 0.9%

The company’s fifty day simple moving average is $12.22 and its 200 day simple moving average is $14.87. The stock has a market capitalization of $57.67 billion, a P/E ratio of 18.67 and a beta of 0.38.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings results on Friday, May 8th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. Nintendo had a return on equity of 13.74% and a net margin of 18.33%.The firm had revenue of $2.60 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. Equities research analysts predict that Nintendo Co. will post 0.53 earnings per share for the current year.

Hedge Funds Weigh In On Nintendo

A number of institutional investors have recently made changes to their positions in the stock. O Brien Greene & Co. Inc increased its holdings in shares of Nintendo by 2.1% in the 4th 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. boosted its holdings in shares of Nintendo by 11.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company’s stock worth $143,000 after purchasing an additional 1,023 shares in the last quarter. AdvisorShares Investments LLC boosted its holdings in shares of Nintendo by 4.9% in the 4th quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock worth $872,000 after purchasing an additional 2,413 shares in the last quarter. Confluence Investment Management LLC lifted its holdings in shares of Nintendo by 4.0% in the 4th quarter. Confluence Investment Management LLC now owns 67,829 shares of the company’s stock worth $1,144,000 after acquiring an additional 2,628 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Nintendo by 322.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,225 shares of the company’s stock worth $71,000 after buying an additional 3,225 shares during the period. Institutional investors own 0.02% of the company’s stock.

Nintendo Company Profile

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.