GAMMA Investing LLC Boosts Stock Holdings in Nintendo Co. $NTDOY

GAMMA Investing LLC grew its position in shares of Nintendo Co. (OTCMKTS:NTDOY) by 27.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,400 shares of the company’s stock after purchasing an additional 4,338 shares during the quarter. GAMMA Investing LLC’s holdings in Nintendo were worth $490,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NTDOY. Confluence Investment Management LLC grew its position in shares of Nintendo by 1.5% in the second quarter. Confluence Investment Management LLC now owns 56,080 shares of the company’s stock valued at $1,347,000 after purchasing an additional 843 shares during the period. Azimuth Capital Investment Management LLC acquired a new stake in shares of Nintendo in the first quarter valued at about $8,323,000. PNC Financial Services Group Inc. grew its position in shares of Nintendo by 16.4% in the first quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company’s stock valued at $91,000 after purchasing an additional 749 shares during the period. First Horizon Advisors Inc. grew its position in shares of Nintendo by 192.5% in the first quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company’s stock valued at $31,000 after purchasing an additional 1,201 shares during the period. Finally, Appleton Partners Inc. MA grew its position in shares of Nintendo by 1.5% in the first quarter. Appleton Partners Inc. MA now owns 130,744 shares of the company’s stock valued at $2,245,000 after purchasing an additional 1,969 shares during the period. 0.02% of the stock is owned by hedge funds and other institutional investors.

Nintendo Trading Down 2.6%

Shares of NTDOY stock opened at $21.31 on Friday. The company’s 50-day moving average price is $22.77 and its 200-day moving average price is $20.88. Nintendo Co. has a twelve month low of $12.00 and a twelve month high of $24.92. The stock has a market cap of $110.70 billion, a price-to-earnings ratio of 50.74 and a beta of 0.56.

Nintendo (OTCMKTS:NTDOY) last posted its earnings results on Friday, August 1st. The company reported $0.09 EPS for the quarter, meeting analysts’ consensus estimates of $0.09. The company had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $448.24 billion. Nintendo had a net margin of 19.61% and a return on equity of 9.77%. Nintendo has set its FY 2026 guidance at 0.450-0.450 EPS. As a group, equities research analysts predict that Nintendo Co. will post 0.44 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Wedbush cut shares of Nintendo from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Nintendo Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.