Key Points
- Sony insider Robert Adrian Stringer sold 545,547 shares for approximately $12.27 million, reducing his position by 84.44%. The filing said the sale covered tax-withholding obligations related to vested equity awards.
- Sony shares opened at $23.09, up 2.9%, after the company exceeded quarterly earnings and revenue estimates. Sony reported $0.36 in EPS versus the $0.28 consensus and revenue of $17.45 billion, up 8.2% year over year.
- Analyst sentiment is generally positive, with the stock carrying a “Moderate Buy” consensus rating, though the average price target is $22.00. Institutional investors own 14.05% of Sony, with several firms recently increasing their stakes.
Sony Corporation (NYSE:SONY - Get Free Report) insider Robert Adrian Stringer sold 545,547 shares of Sony stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $22.49, for a total transaction of $12,269,352.03. Following the completion of the sale, the insider owned 100,547 shares of the company's stock, valued at $2,261,302.03. This trade represents a 84.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sony Stock Up 2.9%
Shares of NYSE SONY opened at $23.09 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 0.11. The business's 50 day moving average is $21.23 and its two-hundred day moving average is $21.49. Sony Corporation has a 52-week low of $19.32 and a 52-week high of $30.34. The firm has a market cap of $136.45 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 1.64 and a beta of 0.92.
Sony (NYSE:SONY - Get Free Report) last released its quarterly earnings results on Saturday, August 1st. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.28 by $0.08. Sony had a positive return on equity of 13.06% and a negative net margin of 2.00%.The business had revenue of $17.45 billion during the quarter, compared to analyst estimates of $17.17 billion. During the same period last year, the business posted $42.84 earnings per share. The company's quarterly revenue was up 8.2% on a year-over-year basis. Research analysts predict that Sony Corporation will post 1.39 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have weighed in on SONY shares. Benchmark reaffirmed a "buy" rating on shares of Sony in a research report on Monday. Zacks Research raised shares of Sony from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. Weiss Ratings reissued a "sell (d+)" rating on shares of Sony in a research note on Wednesday, May 20th. Finally, Wall Street Zen upgraded shares of Sony from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $22.00.
Check Out Our Latest Report on SONY
Institutional Trading of Sony
Large investors have recently made changes to their positions in the company. Fisher Asset Management LLC boosted its position in shares of Sony by 4.1% during the 4th quarter. Fisher Asset Management LLC now owns 108,981,588 shares of the company's stock worth $2,789,929,000 after acquiring an additional 4,337,062 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Sony in the 1st quarter valued at about $39,998,000. Clark Capital Management Group Inc. acquired a new stake in shares of Sony during the 4th quarter worth about $47,989,000. UBS Group AG raised its position in shares of Sony by 165.4% during the 4th quarter. UBS Group AG now owns 2,742,402 shares of the company's stock worth $70,205,000 after acquiring an additional 1,709,003 shares in the last quarter. Finally, WCM Investment Management LLC lifted its stake in Sony by 337.6% during the first quarter. WCM Investment Management LLC now owns 1,949,592 shares of the company's stock worth $38,836,000 after purchasing an additional 1,504,035 shares during the last quarter. 14.05% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Sony
Here are the key news stories impacting Sony this week:
- Positive Sentiment: Zacks upgrade: Zacks Research raised Sony from “Hold” to “Strong Buy,” adding to the bullish momentum around the stock. Zacks.com
- Positive Sentiment: Profit outlook remains favorable: Sony’s latest quarterly earnings and revenue exceeded consensus estimates, while recent analysis cited faster profit growth, higher forecasts and recurring revenue from its entertainment businesses. Analysts’ average price target suggests substantial additional upside, although targets are not guarantees. Sony Stock Gains 10.9% in a Week
- Positive Sentiment: Entertainment and gaming catalysts: Sony and Marvel’s Spider-Man: Brand New Day surpassed $1 billion in global box-office revenue. Jefferies also expects 2026 to be a breakout year for Sony, helped by the anticipated launch of Grand Theft Auto VI. Hollywood is cranking out billion-dollar movies again
- Positive Sentiment: Sensor growth potential: Sony’s planned venture with TSMC could improve scale and technology in its image-sensor business, providing a longer-term semiconductor growth opportunity. Sony’s TSMC Sensor Venture
- Neutral Sentiment: Insider transactions: Robert Adrian Stringer, Ravi Ahuja and Tsuyoshi Kodera sold shares, including Stringer’s substantially larger transaction. The filings state the sales were made to cover tax withholding on vested equity awards, making them less indicative of negative views about Sony’s prospects. Sony SEC insider filing
- Negative Sentiment: Risks could limit further gains: Recent commentary highlights Sony’s valuation, currency exposure, cash-flow pressure, earthquake risk, sensor-venture costs and weakness in smartphones. These concerns may become more significant after the stock’s recent rally. Is Sony Stock a Buy?
About Sony
(
Get Free Report)
Sony Group Corporation (NYSE: SONY) is a Japanese multinational conglomerate headquartered in Minato, Tokyo. Founded in 1946 by Masaru Ibuka and Akio Morita, Sony has grown from an electronics maker into a diversified global company with operations spanning consumer electronics, entertainment, gaming, semiconductors and financial services. The company’s shares trade in Japan and its American Depositary Receipts trade on the New York Stock Exchange under the ticker SONY.
Sony’s primary businesses include Electronics Products & Solutions, which covers televisions, audio equipment, digital cameras and professional broadcast systems; Game & Network Services, anchored by the PlayStation platform, consoles, software and online services; Music and Pictures, through Sony Music Entertainment and Sony Pictures Entertainment, producing, distributing and licensing recorded music, film and television content; Imaging & Sensing Solutions, which develops CMOS image sensors and other semiconductor components; and Financial Services, offering life insurance, banking and other financial products in Japan.
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