Tsuyoshi Kodera Sells 17,100 Shares of Sony (NYSE:SONY) Stock

Sony Corporation (NYSE:SONY) insider Tsuyoshi Kodera sold 17,100 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $22.72, for a total transaction of $388,512.00. Following the completion of the sale, the insider owned 47,508 shares in the company, valued at $1,079,381.76. This represents a 26.47% decrease in their position. The sale was disclosed in a 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.

Tsuyoshi Kodera also recently made the following trade(s):

• On Wednesday, June 17th, Tsuyoshi Kodera sold 51,000 shares of Sony stock. The stock was sold at an average price of $20.54, for a total transaction of $1,047,540.00.
• On Monday, May 18th, Tsuyoshi Kodera sold 17,500 shares of Sony stock. The stock was sold at an average price of $22.61, for a total transaction of $395,675.00.

Sony Stock Performance

Shares of NYSE:SONY opened at $23.09 on Friday. The stock has a market capitalization 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. Sony Corporation has a 1-year low of $19.32 and a 1-year high of $30.34. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average price of $21.23 and a two-hundred day moving average price of $21.49.

Sony (NYSE:SONY) last issued its earnings results on Saturday, August 1st. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.08. Sony had a negative net margin of 2.00% and a positive return on equity of 13.06%. The company had revenue of $17.45 billion for the quarter, compared to analyst estimates of $17.17 billion. During the same quarter last year, the firm earned $42.84 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. Equities analysts predict that Sony Corporation will post 1.39 earnings per share for the current year.

Sony News Summary

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?

Hedge Funds Weigh In On Sony

Several institutional investors and hedge funds have recently modified their holdings of the business. V Square Quantitative Management LLC acquired a new stake in Sony in the 4th quarter worth about $27,000. Elyxium Wealth LLC acquired a new position in shares of Sony during the 4th quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Sony by 404.1% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,109 shares of the company’s stock worth $28,000 after purchasing an additional 889 shares in the last quarter. Twin Tree Management LP increased its holdings in shares of 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. Finally, Osterweis Capital Management Inc. bought a new position in shares of Sony during the fourth quarter worth approximately $28,000. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on SONY. Zacks Research raised shares of Sony from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Benchmark restated a “buy” rating on shares of Sony in a research note on Monday. Wall Street Zen raised Sony from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Sony in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.00.

About Sony

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.