Sequoia Financial Advisors LLC decreased its holdings in shares of Sony Corporation (NYSE:SONY – Free Report) by 27.8% during the second quarter, Holdings Channel.com reports. The fund owned 123,969 shares of the company’s stock after selling 47,647 shares during the period. Sequoia Financial Advisors LLC’s holdings in Sony were worth $2,487,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Elyxium Wealth LLC acquired a new stake in Sony in the 4th quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC increased 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 in the last quarter. Twin Tree Management LP increased its stake in Sony by 4,218.5% during 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 in the last quarter. Osterweis Capital Management Inc. purchased a new position in shares of Sony in the fourth quarter worth $28,000. Finally, Binnacle Investments Inc raised its holdings 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 buying an additional 464 shares during the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.
Sony Stock Down 0.0%
SONY stock opened at $23.89 on Monday. The company has a market capitalization of $141.17 billion, a P/E ratio of 21.33, a price-to-earnings-growth ratio of 1.72 and a beta of 0.93. Sony Corporation has a 12 month low of $19.32 and a 12 month high of $30.34. The firm’s fifty day simple moving average is $22.88 and its 200-day simple moving average is $21.75. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.25 and a quick ratio of 0.97.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Sony from a “buy” rating to a “hold” rating in a report on Sunday, August 9th. Benchmark restated a “buy” rating on shares of Sony in a research note 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. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Sony in a research note on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.00.
Read Our Latest Analysis on SONY
Key Headlines Impacting Sony
Here are the key news stories impacting Sony this week:
- Positive Sentiment: Commentary surrounding Sony’s 2026 gaming lineup portrays the company as likely to emerge commercially successful despite controversy, supporting sentiment toward the PlayStation business. Sony is the bad guy of 2026, but it’s going to win anyway
- Positive Sentiment: A favorable review of Sony’s WH-1000XM4C headphones reinforces the strength of the company’s consumer-electronics brand, although it is unlikely to materially affect valuation. Sony WH-1000XM4C Review: Still Kind of Goated
- Neutral Sentiment: Reports that the PlayStation 6 could cost as much as $1,000 highlight potential premium pricing and revenue upside, but the speculation also raises questions about consumer demand and adoption. The PlayStation 6 Could Be Sony’s First $1,000 Console
- Neutral Sentiment: A possible camera-sensor upgrade for the Xperia 1 IX could improve Sony’s smartphone appeal, but the report is preliminary and has limited implications for overall earnings. Sony Xperia 1 IX May Finally Get the Camera Sensor It Deserves
- Neutral Sentiment: Historical coverage of Sony’s PS3 use in a military supercomputer is notable but has no meaningful effect on current financial performance. How the US military used Sony’s PS3 to build one of the world’s biggest supercomputers
- Negative Sentiment: Sony’s planned $7.85 million PlayStation Store settlement creates a modest legal expense and highlights ongoing consumer-rights scrutiny. Sony Will Pay Out $7.85 Million in PlayStation Store Credit
- Negative Sentiment: Multiple reports say Sony ended or reconsidered work associated with Hideo Kojima after disappointing expectations for Death Stranding 2, potentially signaling tighter oversight of PlayStation investments and creative risk. Why Did PlayStation Ditch Kojima?
- Negative Sentiment: Heavy discounts on Sony’s BRAVIA 8 II television may support short-term unit sales but can pressure pricing and margins. Amazon Discounts Sony’s BRAVIA 8 II TV
Insider Buying and Selling at Sony
In other news, insider Tsuyoshi Kodera sold 51,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $20.54, for a total value of $1,047,540.00. Following the completion of the transaction, the insider owned 27,553 shares of the company’s stock, valued at $565,938.62. The trade was a 64.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert Adrian Stringer sold 545,547 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $22.49, for a total value of $12,269,352.03. Following the completion of the sale, the insider owned 100,547 shares in the company, valued at $2,261,302.03. The trade was a 84.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 952,565 shares of company stock worth $20,915,191. Insiders own 7.00% of the company’s stock.
Sony Company Profile
Sony Group Corporation is a Japan-based global entertainment and technology company headquartered in Tokyo. Founded in 1946 as Tokyo Tsushin Kogyo, the company adopted the Sony name in 1958 and has developed a diversified portfolio spanning consumer electronics, interactive entertainment, music, film and television, and imaging technology.
Sony’s Game & Network Services business operates the PlayStation platform and provides hardware, software, digital content and network services.
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