Live Oak Private Wealth LLC Sells 22,855 Shares of Sony Corporation $SONY

Live Oak Private Wealth LLC lessened its position in shares of Sony Corporation (NYSE:SONY) by 5.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 431,463 shares of the company’s stock after selling 22,855 shares during the period. Live Oak Private Wealth LLC’s holdings in Sony were worth $8,655,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Elyxium Wealth LLC bought a new position in Sony in the 4th quarter valued at $27,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Sony by 404.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,109 shares of the company’s stock worth $28,000 after purchasing an additional 889 shares during the period. Twin Tree Management LP increased its holdings in shares of Sony by 4,218.5% in the fourth quarter. Twin Tree Management LP now owns 1,112 shares of the company’s stock worth $28,000 after purchasing an additional 1,139 shares during the period. Osterweis Capital Management Inc. purchased a new stake in shares of Sony in the fourth quarter worth $28,000. Finally, Binnacle Investments Inc boosted its stake in Sony by 81.7% during the third quarter. Binnacle Investments Inc now owns 1,032 shares of the company’s stock valued at $30,000 after buying an additional 464 shares during the period. 14.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Zacks Research upgraded Sony from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Benchmark reiterated a “buy” rating on shares of Sony in a research report on Monday, August 3rd. Wall Street Zen downgraded Sony from a “buy” rating to a “hold” rating in a research report on Sunday, August 9th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Sony in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.00.

Sony Stock Up 1.1%

Shares of NYSE:SONY opened at $24.83 on Wednesday. Sony Corporation has a 52-week low of $19.32 and a 52-week high of $30.34. The firm has a fifty day moving average of $22.25 and a 200 day moving average of $21.66. The firm has a market capitalization of $146.70 billion, a PE ratio of 22.17, a price-to-earnings-growth ratio of 1.77 and a beta of 0.93. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 1.25.

Sony (NYSE:SONY) last released its earnings results on Saturday, August 1st. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. Sony had a positive return on equity of 13.06% and a negative net margin of 2.00%.The business had revenue of $17.45 billion for the quarter, compared to analysts’ expectations of $17.17 billion. During the same quarter in the prior year, the firm earned $42.84 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. As a group, research analysts anticipate that Sony Corporation will post 1.41 EPS for the current fiscal year.

Insider Transactions at Sony

In other news, insider Ravi Ahuja sold 36,826 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $21.08, for a total transaction of $776,292.08. Following the transaction, the insider directly owned 58,786 shares in the company, valued at approximately $1,239,208.88. This represents a 38.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tsuyoshi Kodera sold 51,000 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $20.54, for a total value of $1,047,540.00. Following the transaction, the insider directly owned 27,553 shares in the company, valued at approximately $565,938.62. This represents a 64.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 952,565 shares of company stock worth $20,915,191. Company insiders own 7.00% of the company’s stock.

More Sony News

Here are the key news stories impacting Sony this week:

• Positive Sentiment: PlayStation monetization is becoming a larger focus. Sony is adding more than 100 ad-supported live television channels to the PS5, aiming to create new advertising revenue and increase spending by its existing user base rather than relying primarily on additional console sales. Sony Debuts Ad-Supported Live TV on PS5
• Positive Sentiment: Sony Music Japan reportedly became the largest shareholder of GungHo Online Entertainment. The investment could strengthen Sony’s position in mobile and online gaming, although the financial impact on the broader corporation is not yet clear. Sony Music Japan and GungHo Online Entertainment
• Positive Sentiment: New ULT Tower speakers expand Sony’s premium audio lineup. Three bass-focused models, priced from $450 and supporting Auracast pairing, could provide incremental consumer-electronics revenue and improve Sony’s competitive position in party speakers. Upcoming PlayStation showcases may also provide a near-term catalyst if Sony announces strong game content. Sony’s new ULT Tower party speakers
• Neutral Sentiment: Sony Music and Warner Music sued Anthropic over alleged copyright infringement. A favorable outcome could support licensing revenue and protect Sony’s music catalog from unauthorized AI training, but litigation costs, timing and the ultimate legal result remain uncertain. Sony and Warner Music sue Anthropic
• Negative Sentiment: PlayStation’s digital-ownership lawsuit is intensifying. Sony lawyers argued that consumers understand they purchase licenses rather than own digital games, while the company continues moving toward an all-digital PlayStation model. The stance could trigger further legal costs, regulatory scrutiny, customer backlash and pressure on digital sales. Sony also faces a reported $7.85 million settlement related to PlayStation customers. Sony digital download ownership lawsuit

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.