Ravi Ahuja Sells 15,580 Shares of Sony (NYSE:SONY) Stock

Sony Corporation (NYSE:SONY) insider Ravi Ahuja sold 15,580 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $22.71, for a total value of $353,821.80. Following the completion of the sale, the insider owned 22,096 shares in the company, valued at $501,800.16. This trade represents a 41.35% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ravi Ahuja also recently made the following trade(s):

• On Monday, July 6th, Ravi Ahuja sold 36,826 shares of Sony stock. The stock was sold at an average price of $21.08, for a total value of $776,292.08.

Sony Price Performance

Shares of NYSE SONY opened at $23.09 on Friday. The firm 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. 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 stock’s 50-day simple moving average is $21.23 and its two-hundred day simple moving average is $21.49. Sony Corporation has a twelve month low of $19.32 and a twelve month high of $30.34.

Sony (NYSE:SONY) last released its quarterly earnings results on Saturday, August 1st. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.08. The firm had revenue of $17.45 billion for the quarter, compared to analysts’ expectations of $17.17 billion. Sony had a positive return on equity of 13.06% and a negative net margin of 2.00%.The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm posted $42.84 EPS. As a group, equities analysts anticipate that Sony Corporation will post 1.39 EPS for the current fiscal year.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Sony

A number of large investors have recently modified their holdings of the company. Brighton Jones LLC raised its stake in shares of Sony by 422.0% during the fourth quarter. Brighton Jones LLC now owns 19,908 shares of the company’s stock worth $421,000 after acquiring an additional 16,094 shares in the last quarter. AQR Capital Management LLC boosted its stake 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 boosted its stake 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. grew its holdings in shares of Sony by 24.6% during the 2nd 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 last quarter. Finally, Qube Research & Technologies Ltd bought a new position in shares of Sony during the 2nd quarter valued at $26,058,000. 14.05% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting 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

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.