Highland Capital Management LLC Sells 93,375 Shares of Sony Corporation $SONY

Highland Capital Management LLC lessened its position in Sony Corporation (NYSE:SONY) by 49.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 95,300 shares of the company’s stock after selling 93,375 shares during the quarter. Highland Capital Management LLC’s holdings in Sony were worth $2,440,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SONY. Brighton Jones LLC increased its stake in Sony by 422.0% in the fourth quarter. Brighton Jones LLC now owns 19,908 shares of the company’s stock valued at $421,000 after acquiring an additional 16,094 shares during the last quarter. AQR Capital Management LLC increased its stake in Sony by 26.7% in the first quarter. AQR Capital Management LLC now owns 178,889 shares of the company’s stock valued at $4,542,000 after acquiring an additional 37,677 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Sony by 23.4% during the second quarter. Sivia Capital Partners LLC now owns 22,013 shares of the company’s stock valued at $573,000 after buying an additional 4,172 shares during the period. Russell Investments Group Ltd. boosted its position in Sony by 24.6% during the second quarter. Russell Investments Group Ltd. now owns 16,501 shares of the company’s stock valued at $430,000 after buying an additional 3,255 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new stake in Sony during the second quarter valued at about $26,058,000. Institutional investors own 14.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SONY shares. Sanford C. Bernstein restated a “market perform” rating and set a $22.00 price target (down from $30.00) on shares of Sony in a research report on Tuesday, March 17th. Weiss Ratings lowered shares of Sony from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Finally, Zacks Research lowered shares of Sony from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Sony has an average rating of “Hold” and an average target price of $22.00.

Sony News Roundup

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Analyst support — Several Wall Street analysts and coverage pieces are framing SONY as a buy/hold candidate, reinforcing investor confidence in the company’s diversified media, gaming and hardware mix. Wall Street Analysts Think Sony (SONY) Is a Good Investment: Is It?
• Positive Sentiment: Product momentum — Multiple leaks and early sightings of high-end WH-1000XX / 1000X “Collexion” headphones (including celebrity reveals and photos) point to a premium launch that could boost hardware revenue and ASPs in the audio segment. Product excitement often supports short-term sentiment for consumer-electronics names. Sony WH-1000XX headphones spotted in the wild ahead of its official launch
• Neutral Sentiment: Tech showcase — Sony demonstrated advanced robotics (an autonomous table-tennis robot), highlighting R&D and AI/robotics capabilities that support the company’s tech positioning but have limited immediate revenue impact. Watch: Sony’s insane autonomous robot shows off ‘superhuman’ skills
• Neutral Sentiment: Competitive noise in audio — Big discounts on rival Bose QuietComfort units were reported, underlining competitive pricing pressure in consumer headphones; this could temper margins if Sony pursues aggressive promotion, but current reports focus on competitors’ sales rather than Sony lowering prices. Forget Sony, Bose QuietComfort Headphones Are 45% Off
• Negative Sentiment: Legal settlement — Sony Interactive Entertainment will pay roughly $7.85 million to settle a PlayStation Store class-action over alleged inflated prices; eligible users may receive refunds or PSN credits. The amount is small relative to Sony’s market cap but is a reputational and cash outflow item for the PlayStation segment. Sony to Pay $7.85M in PlayStation Store Settlement. What to Know

Sony Stock Performance

NYSE SONY opened at $20.13 on Wednesday. The firm has a market cap of $119.73 billion, a price-to-earnings ratio of -100.62, a PEG ratio of 6.55 and a beta of 0.92. The company has a 50-day simple moving average of $21.05 and a two-hundred day simple moving average of $24.30. The company has a quick ratio of 0.97, a current ratio of 1.22 and a debt-to-equity ratio of 0.10. Sony Corporation has a 12-month low of $19.63 and a 12-month high of $30.34.

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.