FNY Investment Advisers LLC Acquires New Stake in Sony Corporation $SONY

FNY Investment Advisers LLC acquired a new position in shares of Sony Corporation (NYSE:SONY) in the second quarter, HoldingsChannel reports. The firm acquired 40,000 shares of the company’s stock, valued at approximately $802,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Binnacle Investments Inc boosted its stake in shares of Sony by 81.7% during the 3rd 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. V Square Quantitative Management LLC acquired a new position in shares of Sony in the fourth quarter valued at approximately $27,000. Elyxium Wealth LLC acquired a new position in shares of Sony in the fourth quarter valued at approximately $27,000. Osterweis Capital Management Inc. purchased a new position in shares of Sony during the fourth quarter valued at approximately $28,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Sony by 404.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,109 shares of the company’s stock valued at $28,000 after buying an additional 889 shares during the period. Institutional investors and hedge funds own 14.05% of the company’s stock.

Sony Stock Up 2.9%

SONY opened at $23.09 on Friday. Sony Corporation has a 12 month low of $19.32 and a 12 month high of $30.34. The business has a 50-day moving average of $21.23 and a two-hundred day moving average of $21.49. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.25 and a quick ratio of 0.94. The stock has a market capitalization of $136.45 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 1.64 and a beta of 0.92.

Sony (NYSE:SONY) last announced its quarterly earnings data on Saturday, August 1st. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $17.17 billion. During the same period in the prior year, the firm posted $42.84 EPS. The company’s revenue was up 8.2% on a year-over-year basis. On average, research analysts expect that Sony Corporation will post 1.39 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Zacks Research upgraded shares of Sony from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Sony in a report on Wednesday, May 20th. Wall Street Zen raised Sony from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Benchmark restated a “buy” rating on shares of Sony in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $22.00.

Sony News Roundup

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Zacks upgrade: Zacks Research raised Sony from “Hold” to “Strong Buy,” adding to the bullish momentum around the stock. Zacks.com
• Positive Sentiment: Profit outlook remains favorable: Sony’s latest quarterly earnings and revenue exceeded consensus estimates, while recent analysis cited faster profit growth, higher forecasts and recurring revenue from its entertainment businesses. Analysts’ average price target suggests substantial additional upside, although targets are not guarantees. Sony Stock Gains 10.9% in a Week
• Positive Sentiment: Entertainment and gaming catalysts: Sony and Marvel’s Spider-Man: Brand New Day surpassed $1 billion in global box-office revenue. Jefferies also expects 2026 to be a breakout year for Sony, helped by the anticipated launch of Grand Theft Auto VI. Hollywood is cranking out billion-dollar movies again
• Positive Sentiment: Sensor growth potential: Sony’s planned venture with TSMC could improve scale and technology in its image-sensor business, providing a longer-term semiconductor growth opportunity. Sony’s TSMC Sensor Venture
• Neutral Sentiment: Insider transactions: Robert Adrian Stringer, Ravi Ahuja and Tsuyoshi Kodera sold shares, including Stringer’s substantially larger transaction. The filings state the sales were made to cover tax withholding on vested equity awards, making them less indicative of negative views about Sony’s prospects. Sony SEC insider filing
• Negative Sentiment: Risks could limit further gains: Recent commentary highlights Sony’s valuation, currency exposure, cash-flow pressure, earthquake risk, sensor-venture costs and weakness in smartphones. These concerns may become more significant after the stock’s recent rally. Is Sony Stock a Buy?

Insider Activity

In other Sony news, insider Ravi Ahuja sold 36,826 shares of Sony stock in a transaction on Monday, July 6th. The shares were sold at an average price of $21.08, for a total value of $776,292.08. Following the transaction, the insider owned 58,786 shares in the company, valued at $1,239,208.88. This trade represents a 38.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert Adrian Stringer sold 545,547 shares of Sony stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $22.49, for a total transaction of $12,269,352.03. Following the completion of the transaction, the insider owned 100,547 shares in the company, valued at approximately $2,261,302.03. This trade represents 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. Insiders have sold a total of 1,350,065 shares of company stock valued at $29,878,266 in the last ninety days. 7.00% of the stock is owned by company insiders.

About Sony

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.