Kenji Tanaka Sells 20,000 Shares of Sony (NYSE:SONY) Stock

Sony Corporation (NYSE:SONYGet Free Report) insider Kenji Tanaka sold 20,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $23.83, for a total value of $476,600.00. Following the sale, the insider directly owned 43,899 shares in the company, valued at approximately $1,046,113.17. The trade was a 31.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Sony Price Performance

SONY opened at $23.57 on Friday. The firm has a market capitalization of $139.25 billion, a PE ratio of 21.04, a price-to-earnings-growth ratio of 1.70 and a beta of 0.92. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.25 and a quick ratio of 0.97. The business’s 50-day moving average is $21.58 and its two-hundred day moving average is $21.54. Sony Corporation has a 1 year low of $19.32 and a 1 year high of $30.34.

Sony (NYSE:SONYGet Free Report) last released its quarterly earnings results on Saturday, August 1st. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $17.45 billion for the quarter, compared to analysts’ expectations of $17.17 billion. During the same period last year, the business earned $42.84 EPS. The company’s revenue was up 8.2% compared to the same quarter last year. Research analysts anticipate that Sony Corporation will post 1.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sony

Large investors have recently made changes to their positions in the stock. Elyxium Wealth LLC purchased a new position in Sony in the 4th quarter worth $27,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Sony by 404.1% during the 4th 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 during the last quarter. Twin Tree Management LP increased its holdings in shares of Sony by 4,218.5% in the fourth 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 period. Osterweis Capital Management Inc. acquired a new position in shares of Sony in the fourth quarter valued at about $28,000. Finally, Binnacle Investments Inc raised its stake in shares of Sony by 81.7% in the third quarter. Binnacle Investments Inc now owns 1,032 shares of the company’s stock worth $30,000 after purchasing an additional 464 shares during the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on SONY shares. Benchmark reissued a “buy” rating on shares of Sony in a research report on Monday, August 3rd. Zacks Research raised Sony from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Wall Street Zen cut Sony from a “buy” rating to a “hold” rating in a research note on Sunday, August 9th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Sony in a research note on Monday. One equities research 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

View Our Latest Report on SONY

Key Sony News

Here are the key news stories impacting Sony this week:

  • Positive Sentiment: Sony’s planned Xperia 10 VIII announcement on August 25, along with benchmark testing of the device, could renew interest in its smartphone and consumer-electronics businesses. Xperia announcement
  • Positive Sentiment: CEO Hiroki Totoki highlighted Sony’s transformation from a hardware-focused company into a broader entertainment powerhouse spanning PlayStation, film, television and other content. The strategy supports the case for more diversified and potentially steadier earnings. Sony transformation interview
  • Neutral Sentiment: Discounts on Sony noise-canceling headphones, earbuds, televisions and other accessories may boost near-term consumer demand, but promotional pricing could limit margins and these deals are unlikely to materially change earnings expectations. Sony headphone sale
  • Neutral Sentiment: Sony Pictures’ 3000 Pictures and Temple Hill are developing Dolly All The Time. The project adds to the company’s film pipeline, although its financial impact is too early to assess. Dolly All The Time film announcement
  • Negative Sentiment: Sony reportedly rebooted its Horizon multiplayer project after poor player testing, shifting it away from a live-service model toward traditional co-op. The move may reduce launch risk, but it signals development delays and another challenge for Sony’s PlayStation live-service strategy. Horizon multiplayer reboot
  • Negative Sentiment: Reports that Sony still has no firm PlayStation 6 release date, amid hardware and physical-disc uncertainty, reduce visibility into the timing of the next console cycle and future gaming revenue. PlayStation 6 timing uncertainty
  • Negative Sentiment: Insider Kenji Tanaka sold 20,000 SONY shares for approximately $476,600, cutting his direct ownership by 31.3%. While the sale may be personal, it can modestly pressure investor sentiment. Sony insider sale filing
  • Negative Sentiment: A further delay to Sony’s FX5 camera, with no confirmed release date, could defer professional-camera revenue and frustrate customers, though the product is less significant than PlayStation and entertainment. Sony FX5 delay

Sony Company Profile

(Get Free Report)

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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