51,050 Shares in JAKKS Pacific, Inc. (NASDAQ:JAKK) Bought by Evernest Financial Advisors LLC

Evernest Financial Advisors LLC bought a new stake in JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 51,050 shares of the company's stock, valued at approximately $1,437,000. Evernest Financial Advisors LLC owned approximately 0.46% of JAKKS Pacific as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in JAKK. Hohimer Wealth Management LLC acquired a new position in shares of JAKKS Pacific during the third quarter valued at $230,000. Sei Investments Co. lifted its position in JAKKS Pacific by 50.9% during the 2nd quarter. Sei Investments Co. now owns 13,335 shares of the company's stock valued at $239,000 after purchasing an additional 4,500 shares during the period. Banque Cantonale Vaudoise bought a new position in shares of JAKKS Pacific in the 3rd quarter valued at about $317,000. Barclays PLC grew its position in shares of JAKKS Pacific by 62.1% during the 3rd quarter. Barclays PLC now owns 17,037 shares of the company's stock worth $435,000 after buying an additional 6,526 shares during the period. Finally, Kovack Advisors Inc. lifted its holdings in JAKKS Pacific by 5.8% in the third quarter. Kovack Advisors Inc. now owns 19,100 shares of the company's stock valued at $487,000 after buying an additional 1,050 shares during the period. 44.38% of the stock is owned by institutional investors.

Insider Buying and Selling at JAKKS Pacific

In other news, CFO John Louis Kimble sold 48,253 shares of the company's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $27.62, for a total transaction of $1,332,747.86. Following the completion of the transaction, the chief financial officer now directly owns 95,544 shares of the company's stock, valued at $2,638,925.28. This represents a 33.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.50% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on JAKK shares. B. Riley lifted their target price on shares of JAKKS Pacific from $37.00 to $41.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. StockNews.com raised JAKKS Pacific from a "hold" rating to a "buy" rating in a research note on Friday, November 1st. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $41.67.

JAKKS Pacific Trading Up 2.3 %

Shares of NASDAQ JAKK traded up $0.69 during mid-day trading on Tuesday, reaching $30.34. 85,005 shares of the company's stock were exchanged, compared to its average volume of 85,152. The business has a fifty day simple moving average of $28.00 and a 200 day simple moving average of $25.95. JAKKS Pacific, Inc. has a twelve month low of $17.06 and a twelve month high of $36.35. The firm has a market capitalization of $333.44 million, a price-to-earnings ratio of 11.15 and a beta of 2.22.

JAKKS Pacific Profile

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products.