Rep. George Whitesides Sells Off Shares of The Walt Disney Company (NYSE:DIS)

Representative George Whitesides (D-California) recently sold shares of The Walt Disney Company NYSE: DIS. In a filing disclosed on April 23rd, the Representative disclosed that they had sold between $15,001 and $50,000 in Walt Disney stock on March 24th. The trade occurred in the Representative's "GEORGE WHITESIDES INDIVIDUAL" account.

Representative George Whitesides also recently made the following trade(s):

• Sold $100,001 - $250,000 in shares of Netflix NASDAQ: NFLX on 3/27/2025.
• Sold $250,001 - $500,000 in shares of Innoviva NASDAQ: INVA on 3/25/2025.
• Sold $100,001 - $250,000 in shares of Linde NASDAQ: LIN on 3/24/2025.
• Sold $100,001 - $250,000 in shares of Procter & Gamble NYSE: PG on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Sandoz Group OTCMKTS: SDZNY on 3/24/2025.
• Sold $15,001 - $50,000 in shares of American Electric Power NASDAQ: AEP on 3/24/2025.
• Sold $50,001 - $100,000 in shares of Medtronic NYSE: MDT on 3/24/2025.
• Sold $100,001 - $250,000 in shares of McDonald's NYSE: MCD on 3/24/2025.
• Sold $15,001 - $50,000 in shares of Bank of America NYSE: BAC on 3/24/2025.
• Sold $15,001 - $50,000 in shares of Diageo NYSE: DEO on 3/24/2025.

Walt Disney Stock Performance

Walt Disney stock traded up $0.22 during mid-day trading on Friday, reaching $90.23. 7,747,097 shares of the company's stock were exchanged, compared to its average volume of 10,112,719. The firm has a market capitalization of $163.12 billion, a PE ratio of 29.39, a P/E/G ratio of 1.80 and a beta of 1.44. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The business's fifty day simple moving average is $97.01 and its 200 day simple moving average is $104.17.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DIS shares. UBS Group decreased their price objective on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. The Goldman Sachs Group boosted their price target on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target for the company in a research note on Monday, April 21st. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Finally, Needham & Company LLC restated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research report on Tuesday, April 22nd. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $123.75.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mpwm Advisory Solutions LLC acquired a new stake in shares of Walt Disney during the fourth quarter worth $27,000. FPC Investment Advisory Inc. purchased a new position in Walt Disney during the fourth quarter worth approximately $28,000. Tacita Capital Inc grew its stake in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after buying an additional 124 shares during the period. Kessler Investment Group LLC raised its position in shares of Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after buying an additional 200 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in Walt Disney during the fourth quarter valued at about $32,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

About Representative Whitesides

George Whitesides (Democratic Party) is a member of the U.S. House, representing California's 27th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Whitesides (Democratic Party) ran for election to the U.S. House to represent California's 27th Congressional District. He won in the general election on November 5, 2024. George Whitesides earned a bachelor's degree in public and international affairs from Princeton University in 1996 and a master's degree in remote sensing and GIS from the University of Cambridge in 2000. His career experience includes working as the chief of staff for NASA during the administration of President Barack Obama (D) and the CEO of human spaceflight company Virgin Galactic. Whitesides co-founded Megafire Action, an organization dedicated to responding to wildfires. Whitesides co-chaired the Antelope Valley Covid-19 Task Force and joined the Antelope Valley Economic Development and Growth Enterprise (AV EDGE) as a board member.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.