The Walt Disney Company (NYSE:DIS - Get Free Report) EVP Brent Woodford sold 5,000 shares of the firm's stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the sale, the executive vice president now owns 44,055 shares in the company, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Walt Disney Stock Up 0.7 %
Shares of NYSE DIS traded up $0.85 during midday trading on Thursday, reaching $115.11. 7,877,092 shares of the company's stock were exchanged, compared to its average volume of 11,013,997. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The stock has a market capitalization of $208.46 billion, a PE ratio of 42.48, a price-to-earnings-growth ratio of 2.09 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The business's fifty day moving average price is $97.59 and its two-hundred day moving average price is $96.85.
Analysts Set New Price Targets
Several research firms have recently issued reports on DIS. Morgan Stanley raised their price objective on Walt Disney from $110.00 to $125.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Wells Fargo & Company raised their price objective on Walt Disney from $116.00 to $138.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Guggenheim raised their price objective on Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Piper Sandler initiated coverage on Walt Disney in a research report on Wednesday, October 16th. They issued a "neutral" rating and a $95.00 target price on the stock. Finally, JPMorgan Chase & Co. cut their target price on Walt Disney from $135.00 to $125.00 and set an "overweight" rating on the stock in a research report on Thursday, August 8th. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $123.83.
Read Our Latest Research Report on DIS
Institutional Trading of Walt Disney
Hedge funds and other institutional investors have recently modified their holdings of the business. William B. Walkup & Associates Inc. purchased a new stake in shares of Walt Disney during the second quarter worth about $32,000. Mascoma Wealth Management LLC grew its stake in Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant's stock worth $44,000 after purchasing an additional 122 shares in the last quarter. First PREMIER Bank grew its stake in Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock worth $50,000 after purchasing an additional 256 shares in the last quarter. FSA Wealth Management LLC acquired a new position in Walt Disney in the third quarter worth about $51,000. Finally, Iron Horse Wealth Management LLC grew its stake in Walt Disney by 148.7% in the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant's stock worth $55,000 after purchasing an additional 333 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.
Walt Disney Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Walt Disney, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Walt Disney wasn't on the list.
While Walt Disney currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for December 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
