ABN Amro Investment Solutions Sells 218,800 Shares of Sony Corporation $SONY

ABN Amro Investment Solutions trimmed its holdings in Sony Corporation (NYSE:SONY) by 70.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 91,500 shares of the company’s stock after selling 218,800 shares during the period. ABN Amro Investment Solutions’ holdings in Sony were worth $1,894,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. YANKCOM Partnership raised its stake in shares of Sony by 748.7% during the 4th quarter. YANKCOM Partnership now owns 976 shares of the company’s stock worth $25,000 after acquiring an additional 861 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in Sony during the fourth quarter valued at $27,000. Elyxium Wealth LLC purchased a new stake in shares of Sony during the fourth quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Sony by 404.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,109 shares of the company’s stock valued at $28,000 after purchasing an additional 889 shares in the last quarter. Finally, Twin Tree Management LP raised its stake in Sony by 4,218.5% during the fourth quarter. Twin Tree Management LP now owns 1,112 shares of the company’s stock worth $28,000 after purchasing an additional 1,139 shares during the period. 14.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Sony

In other Sony news, insider Ravi Ahuja sold 36,826 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $21.08, for a total transaction of $776,292.08. Following the completion of the sale, the insider directly owned 58,786 shares in the company, valued at $1,239,208.88. This trade represents a 38.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Hiroki Totoki sold 225,000 shares of the stock in a transaction on Friday, July 3rd. The stock was sold at an average price of $21.02, for a total value of $4,729,500.00. Following the sale, the chief executive officer directly owned 173,250 shares in the company, valued at approximately $3,641,715. This trade represents a 56.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 771,838 shares of company stock valued at $16,866,580 over the last three months. Insiders own 7.00% of the company’s stock.

Sony Stock Up 1.6%

SONY opened at $21.01 on Friday. Sony Corporation has a fifty-two week low of $19.32 and a fifty-two week high of $30.34. The company has a market capitalization of $124.15 billion, a P/E ratio of -105.06, a P/E/G ratio of 1.64 and a beta of 0.94. The firm’s fifty day moving average price is $21.14 and its two-hundred day moving average price is $21.65. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.18 and a quick ratio of 0.94.

Sony (NYSE:SONY) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). The business had revenue of $19.15 billion during the quarter, compared to analyst estimates of $18.43 billion. Sony had a positive return on equity of 12.20% and a negative net margin of 2.61%.Sony’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $32.86 EPS. On average, analysts anticipate that Sony Corporation will post 1.28 EPS for the current year.

Trending Headlines about Sony

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony Pictures reportedly secured or expanded distribution ties for new films including Ramayana and Los Hilos del Miedo, which could support future content revenue and reinforce Sony’s role in global film distribution. Ramayana Movie Lands at Sony
• Positive Sentiment: Sony is said to be reopening Hollywood’s Cinerama Dome and ArcLight Cinemas, a move that could boost theater operations and signal confidence in a rebound in moviegoing demand. Sony to reopen Hollywood’s Cinerama Dome and ArcLight Cinemas
• Positive Sentiment: Sony launched or highlighted a new FX5 cinema camera with 5K open-gate recording, internal RAW support, and AI features, reinforcing its premium imaging franchise and product pipeline. Sony’s new cinema camera offers 5K recording, built-in AI processing
• Positive Sentiment: Sony’s new high-end “The Collexion” headphones are getting favorable attention, and cheaper XM5 pricing may help stimulate demand in consumer audio. Sony’s ‘The Collexion’ Headphones Set New Standard for Audio Engineering and Sound Design
• Neutral Sentiment: Several reports about Sony’s cinema camera FX5 emphasized technical upgrades, but they are more of a product refresh than a clear near-term earnings catalyst. Sony FX5 Launches With a New Sensor Open Gate Recording and Internal RAW Support
• Negative Sentiment: One report warned that Sony’s push to end physical discs could hurt the $7.2 billion used-games market, raising concerns about pushback from gamers and the broader gaming ecosystem. Sony’s decision to end physical discs could destroy the $7.2 Billion second-hand games market, per analysis

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SONY. Benchmark restated a “buy” rating on shares of Sony in a report on Monday, May 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Sony in a report on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $22.00.

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.