FNY Investment Advisers LLC acquired a new position in Sony Corporation (NYSE:SONY – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,000 shares of the company’s stock, valued at approximately $802,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its position in shares of Sony by 422.0% during the 4th quarter. Brighton Jones LLC now owns 19,908 shares of the company’s stock worth $421,000 after purchasing an additional 16,094 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Sony by 26.7% in the 1st quarter. AQR Capital Management LLC now owns 178,889 shares of the company’s stock valued at $4,542,000 after purchasing an additional 37,677 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Sony by 23.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 22,013 shares of the company’s stock valued at $573,000 after purchasing an additional 4,172 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Sony by 24.6% in the second quarter. Russell Investments Group Ltd. now owns 16,501 shares of the company’s stock valued at $430,000 after purchasing an additional 3,255 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Sony in the second quarter valued at about $26,058,000. Institutional investors and hedge funds own 14.05% of the company’s stock.
More Sony News
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?
Analysts Set New Price Targets
Get Our Latest Stock Analysis on SONY
Sony Trading Up 2.9%
Shares of SONY stock opened at $23.09 on Friday. The stock has a market cap of $136.45 billion, a P/E ratio of 20.62, a P/E/G ratio of 1.64 and a beta of 0.92. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 0.11. Sony Corporation has a fifty-two week low of $19.32 and a fifty-two week high of $30.34. The business has a fifty day simple moving average of $21.23 and a 200-day simple moving average of $21.49.
Sony (NYSE:SONY – Get Free Report) last released its quarterly earnings data on Saturday, August 1st. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.28 by $0.08. The business had revenue of $17.45 billion for the quarter, compared to analyst estimates of $17.17 billion. Sony had a negative net margin of 2.00% and a positive return on equity of 13.06%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $42.84 EPS. On average, analysts forecast that Sony Corporation will post 1.39 earnings per share for the current fiscal year.
Insider Activity at Sony
In other news, insider Ravi Ahuja sold 36,826 shares of the stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $21.08, for a total value of $776,292.08. Following the sale, the insider directly owned 58,786 shares in the company, valued at $1,239,208.88. This represents a 38.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kenichiro Yoshida sold 400,000 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $22.61, for a total transaction of $9,044,000.00. Following the transaction, the director directly owned 661,615 shares of the company’s stock, valued at approximately $14,959,115.15. This trade represents a 37.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,350,065 shares of company stock valued at $29,878,266 in the last quarter. 7.00% of the stock is owned by corporate insiders.
Sony Profile
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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