Key Points
- Disney EVP Brent Woodford sold 3,618 shares for about $423,306 at an average price of $117. The sale was made under a pre-arranged Rule 10b5-1 plan; he retained 62,995 shares.
- Analysts maintain a generally positive view of Disney, with a MarketBeat average rating of “Moderate Buy” and an average price target of $128.16.
- In its latest reported quarter, Disney posted EPS of $2.06, beating estimates of $1.86, while revenue of $25.25 billion fell short of forecasts.
The Walt Disney Company (NYSE:DIS - Get Free Report) EVP Brent Woodford sold 3,618 shares of the stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $117.00, for a total transaction of $423,306.00. Following the sale, the executive vice president directly owned 62,995 shares in the company, valued at $7,370,415. This trade represents a 5.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Brent Woodford also recently made the following trade(s):
- On Monday, November 2nd, Brent Woodford sold 6,474 shares of Walt Disney stock. The stock was sold at an average price of $111.98, for a total transaction of $724,958.52.
- On Friday, October 16th, Brent Woodford sold 2,856 shares of Walt Disney stock. The stock was sold at an average price of $111.68, for a total value of $318,958.08.
- On Thursday, October 8th, Brent Woodford sold 3,618 shares of Walt Disney stock. The shares were sold at an average price of $105.31, for a total value of $381,011.58.
- On Tuesday, September 1st, Brent Woodford sold 3,618 shares of Walt Disney stock. The shares were sold at an average price of $107.13, for a total value of $387,596.34.
- On Friday, August 14th, Brent Woodford sold 7,238 shares of Walt Disney stock. The shares were sold at an average price of $105.31, for a total value of $762,233.78.
Walt Disney Trading Down 1.3%
DIS stock opened at $117.40 on Friday. The company has a market cap of $202.71 billion, a P/E ratio of 24.21, a PEG ratio of 1.38 and a beta of 1.44. The Walt Disney Company has a twelve month low of $92.18 and a twelve month high of $120.80. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $107.86 and a 200-day moving average of $103.64.
Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.20. The business had revenue of $25.25 billion for the quarter, compared to analyst estimates of $25.39 billion. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.61 earnings per share. As a group, equities research analysts expect that The Walt Disney Company will post 6.91 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on DIS shares. Raymond James Financial dropped their price objective on Walt Disney from $120.00 to $119.00 and set an "outperform" rating for the company in a report on Monday, October 5th. Wells Fargo & Company raised their target price on shares of Walt Disney from $125.00 to $132.00 and gave the company an "overweight" rating in a research note on Thursday, August 6th. Wall Street Zen upgraded shares of Walt Disney from a "hold" rating to a "buy" rating in a research report on Saturday, September 19th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Walt Disney in a research report on Tuesday, October 6th. Finally, Guggenheim reissued a "buy" rating and set a $120.00 price target on shares of Walt Disney in a research note on Monday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Walt Disney has an average rating of "Moderate Buy" and an average price target of $128.16.
Get Our Latest Analysis on DIS
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Guardian Wealth Management Inc. increased its holdings in Walt Disney by 1.0% in the third quarter. Guardian Wealth Management Inc. now owns 13,660 shares of the entertainment giant's stock valued at $1,433,000 after purchasing an additional 135 shares during the last quarter. Team Financial Group LLC bought a new position in Walt Disney during the third quarter worth about $55,000. Putney Financial Group LLC bought a new position in Walt Disney during the third quarter worth about $34,000. Eads & Heald Wealth Management boosted its holdings in Walt Disney by 8.2% during the third quarter. Eads & Heald Wealth Management now owns 10,046 shares of the entertainment giant's stock worth $1,054,000 after buying an additional 758 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its position in shares of Walt Disney by 13.7% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,467 shares of the entertainment giant's stock worth $259,000 after buying an additional 298 shares during the period. 65.71% of the stock is currently owned by institutional investors.
Key Headlines Impacting Walt Disney
Here are the key news stories impacting Walt Disney this week:
- Positive Sentiment: Disney is reportedly considering thousands of job cuts as managers seek savings of up to 20%. If the company achieves those efficiencies while preserving its businesses, lower costs—and planned reinvestment in areas such as parks, cruises and programming—could support profitability. Disney Is Planning Thousands of Layoffs in Search of 20% Cost Savings
- Neutral Sentiment: EVP Brent Woodford sold 3,618 shares under a pre-arranged Rule 10b5-1 trading plan and retained 62,995 shares. The planned sale may be a limited signal of his view of the stock. SEC Form 4 filing
- Negative Sentiment: Disney employees pressed management for details at a town hall about when another round of cuts might happen. The reported scale of the reductions and uncertainty about timing could unsettle staff and raise investor concerns about execution and potential effects on content or guest experience. Disney employees press management for details on possible layoffs
Walt Disney Company Profile
(
Get Free Report)
The Walt Disney Company (NYSE: DIS) is a global entertainment and media company that develops, produces and distributes branded content through film studios, television networks and streaming services. Its portfolio includes Disney, Pixar, Marvel, Star Wars, National Geographic and other entertainment brands, with distribution through services such as Disney+ and Hulu.
Disney also operates ESPN and related sports media businesses, as well as theme parks, resorts, cruise lines and vacation experiences.
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