Rep. Pete Sessions Sells Off Shares of The Walt Disney Company (NYSE:DIS)

Key Points

• Rep. Pete Sessions sold $1,001–$15,000 of Walt Disney shares from his ET IRA on October 28, alongside sales of several other major-company holdings.
• Disney reported quarterly EPS of $2.06, above the $1.86 analyst estimate, while revenue rose 6.8% year over year to $25.25 billion, slightly below expectations.
• Analysts remain broadly optimistic, with Disney receiving a “Moderate Buy” consensus rating and an average price target of $128.16 versus a recent share price near $109.

Representative Pete Sessions (Republican-Texas) recently sold shares of The Walt Disney Company NYSE: DIS. In a filing disclosed on October 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in Walt Disney stock on October 28th. The trade occurred in the Representative's "ET IRA" account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 10/27/2026.
• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Solstice Advanced Mat NASDAQ: SOLS on 10/21/2026.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 10/21/2026.
• Sold $0 - $1,000 in shares of Resideo Technologies NYSE: REZI on 10/21/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 10/20/2026.
• Sold $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 10/15/2026.
• Sold $15,001 - $50,000 in shares of Chevron NYSE: CVX on 10/14/2026.

Walt Disney Stock Performance

Shares of DIS opened at $109.08 on Thursday. The Walt Disney Company has a one year low of $92.18 and a one year high of $117.09. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.65. The company has a market cap of $188.35 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 1.30 and a beta of 1.41. The firm has a 50-day moving average of $107.21 and a 200-day moving average of $103.62.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 earnings per share for the quarter, topping analysts' consensus estimates of $1.86 by $0.20. The firm had revenue of $25.25 billion for the quarter, compared to the consensus estimate of $25.39 billion. Walt Disney had a return on equity of 9.90% and a net margin of 8.70%. The business's revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.61 earnings per share. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. As a group, equities analysts forecast that The Walt Disney Company will post 6.92 earnings per share for the current year.

Insider Activity

In other news, EVP Paul Roeder sold 3,596 shares of the company's stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $106.32, for a total value of $382,326.72. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Brent Woodford sold 7,238 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $105.31, for a total transaction of $762,233.78. Following the completion of the sale, the executive vice president directly owned 62,323 shares of the company's stock, valued at $6,563,235.13. This trade represents a 10.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 20,926 shares of company stock worth $2,232,126. Company insiders own 0.17% of the company's stock.

Analysts Set New Price Targets

DIS has been the topic of a number of research analyst reports. Sanford C. Bernstein reiterated an "outperform" rating on shares of Walt Disney in a report on Tuesday, October 6th. Benchmark restated a "buy" rating on shares of Walt Disney in a research note on Monday, August 31st. Barclays upped their price target on Walt Disney from $110.00 to $115.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. The Goldman Sachs Group restated a "buy" rating on shares of Walt Disney in a report on Monday, September 28th. Finally, Guggenheim reaffirmed a "buy" rating and issued a $120.00 price objective on shares of Walt Disney in a research note on Monday, September 28th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and an average target price of $128.16.

Walt Disney News Summary

Here are the key news stories impacting Walt Disney this week:

• Positive Sentiment: Analysts expect Disney’s fourth-quarter earnings per share to increase by more than 50% year over year. Strong earnings expectations could support the stock if Disney delivers on growth in streaming, entertainment and parks. Walt Disney Earnings Preview: What to Expect
• Positive Sentiment: Disney reportedly bid $20 million for a nonexclusive, perpetual license to Character.AI technology and offered positions to most of its engineers. The move could strengthen Disney’s artificial-intelligence capabilities, although the financial impact and strategic benefits remain uncertain. Walt Disney Bids For Character.AI
• Positive Sentiment: Disney and Channel 4 reached a deal to bring Channel 4 content to Disney+, potentially improving the streaming service’s content offering and international appeal. Channel 4 and Disney+ Deal
• Neutral Sentiment: A comparison with Versant focuses on which media company offers better value, keeping attention on Disney’s valuation rather than identifying a new company-specific catalyst. VSNT or DIS: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Disney’s decline while the broader market gained indicates near-term selling pressure and investor reluctance to bid up the shares before earnings. The report did not identify a new operational problem, so the move may reflect positioning, valuation concerns or profit-taking. Walt Disney Stock Drops Despite Market Gains
• Negative Sentiment: Netflix’s weaker forward revenue outlook and slowing growth pressured its shares, potentially reinforcing broader concerns about streaming-sector growth and competition ahead of Disney’s results. Netflix Growth Concerns

Institutional Trading of Walt Disney

Large investors have recently modified their holdings of the business. Highland Investment Advisors LLC purchased a new stake in Walt Disney during the second quarter valued at about $25,000. Marquette Asset Management LLC raised its position in Walt Disney by 316.4% during the second quarter. Marquette Asset Management LLC now owns 279 shares of the entertainment giant's stock valued at $27,000 after buying an additional 212 shares during the period. Evolution Wealth Management Inc. lifted its stake in Walt Disney by 82.2% in the 1st quarter. Evolution Wealth Management Inc. now owns 317 shares of the entertainment giant's stock worth $31,000 after acquiring an additional 143 shares in the last quarter. Ballast Advisors LLC purchased a new stake in Walt Disney in the 1st quarter worth about $37,000. Finally, Avalon Trust Co purchased a new stake in Walt Disney in the 1st quarter worth about $48,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas' 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas' 17th Congressional District. He won in the general election on November 5, 2024. On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023. Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions' career experience includes working as an executive with AT&T.

About Walt Disney

The Walt Disney Company NYSE: DIS is a global entertainment and media company that develops, produces and distributes branded content through film studios, television networks and streaming services. Its portfolio includes Disney, Pixar, Marvel, Star Wars, National Geographic and other entertainment brands, with distribution through services such as Disney+ and Hulu.

Disney also operates ESPN and related sports media businesses, as well as theme parks, resorts, cruise lines and vacation experiences.

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