Quantinno Capital Management LP raised its stake in Sony Corporation (NYSE:SONY – Free Report) by 17.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,036,782 shares of the company’s stock after buying an additional 156,464 shares during the quarter. Quantinno Capital Management LP’s holdings in Sony were worth $21,461,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the stock. YANKCOM Partnership increased its position in shares of Sony by 748.7% during the fourth quarter. YANKCOM Partnership now owns 976 shares of the company’s stock valued at $25,000 after acquiring an additional 861 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Sony in the 4th quarter worth approximately $27,000. Elyxium Wealth LLC purchased a new position in shares of Sony during the 4th quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC boosted 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 during the period. Finally, Twin Tree Management LP increased its holdings in Sony by 4,218.5% in the 4th quarter. Twin Tree Management LP now owns 1,112 shares of the company’s stock valued at $28,000 after purchasing an additional 1,139 shares during the last quarter. Hedge funds and other institutional investors own 14.05% of the company’s stock.
Insider Buying and Selling at Sony
In other news, insider Jonathan Jose Platt sold 16,512 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $21.08, for a total transaction of $348,072.96. Following the sale, the insider owned 83,326 shares of the company’s stock, valued at approximately $1,756,512.08. This represents a 16.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hiroki Totoki sold 225,000 shares of Sony stock in a transaction on Friday, July 3rd. The shares were sold at an average price of $21.02, for a total value of $4,729,500.00. Following the completion of the transaction, the chief executive officer owned 173,250 shares of the company’s stock, valued at approximately $3,641,715. This trade represents a 56.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 771,838 shares of company stock valued at $16,866,580. Insiders own 7.00% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Stock Report on SONY
Sony Trading Up 2.5%
Shares of SONY stock opened at $23.33 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.94 and a current ratio of 1.18. The stock has a market capitalization of $137.84 billion, a P/E ratio of -116.65, a price-to-earnings-growth ratio of 1.85 and a beta of 0.94. The company has a 50 day moving average price of $21.17 and a 200 day moving average price of $21.56. Sony Corporation has a fifty-two week low of $19.32 and a fifty-two week high of $30.34.
Sony (NYSE:SONY – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.08. Sony had a negative net margin of 2.61% and a positive return on equity of 12.20%. The company had revenue of $17.45 billion for the quarter, compared to analyst estimates of $17.17 billion. During the same period in the prior year, the business earned $42.84 EPS. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. Equities research analysts predict that Sony Corporation will post 1.28 EPS for the current fiscal year.
Sony News Roundup
Here are the key news stories impacting Sony this week:
- Positive Sentiment: Sony reported first-quarter revenue of $17.45 billion, up 8.2% year over year and above the $17.17 billion consensus estimate. EPS of $0.36 also exceeded expectations of $0.28, while operating profit reportedly rose 40%, helped by gaming and image sensors. Sony posts 40% rise in Q1 profit, beating estimates
- Positive Sentiment: The company raised its fiscal 2026 outlook, including revenue guidance of approximately $81.7 billion versus the $78.4 billion analyst consensus. The upgrade signals management expects continued momentum, particularly from the gaming business. SONY Q1 Earnings & Sales Rise on Gaming & Sensors
- Positive Sentiment: Music revenue increased sharply, with global music-business revenue topping $3.53 billion amid stronger vinyl, live-event and merchandise sales. This diversification supports Sony’s higher-margin entertainment strategy. Sony’s Global Music Business Revenue
- Positive Sentiment: Spider-Man: Brand New Day generated a record $72 million in domestic preview sales and is projected to approach $270 million in its opening weekend, improving the outlook for Sony Pictures and theatrical releases. Spider-Man: Brand New Day box office preview
- Positive Sentiment: Sony said it has secured sufficient memory supply for the PS5 units it expects to sell this year, reducing a potential hardware constraint ahead of anticipated demand tied to major game launches. Sony says it has plenty of RAM for PlayStation
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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