Clark Capital Management Group Inc. Takes Position in Sony Corporation $SONY

Key Points

• Clark Capital Management Group disclosed a new fourth-quarter stake in Sony, buying 1,874,551 shares worth about $48.0 million.
• Several other institutional investors also increased or initiated positions, and institutions now own 14.05% of Sony’s stock.
• Insider activity was notable: Director Kenichiro Yoshida sold 400,000 shares and insider Tsuyoshi Kodera sold 17,500 shares, while analysts currently rate Sony a Hold with a consensus target price of $22.00.

Clark Capital Management Group Inc. acquired a new stake in shares of Sony Corporation (NYSE:SONY - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,874,551 shares of the company's stock, valued at approximately $47,989,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. YANKCOM Partnership increased its position in Sony by 748.7% during the 4th quarter. YANKCOM Partnership now owns 976 shares of the company's stock worth $25,000 after purchasing an additional 861 shares in the last quarter. Ameriflex Group Inc. increased its position in Sony by 304.0% during the 3rd quarter. Ameriflex Group Inc. now owns 1,010 shares of the company's stock worth $29,000 after purchasing an additional 760 shares in the last quarter. Binnacle Investments Inc increased its position in 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 in the last quarter. V Square Quantitative Management LLC acquired a new stake in Sony during the 4th quarter worth approximately $27,000. Finally, Elyxium Wealth LLC acquired a new stake in Sony during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 14.05% of the company's stock.

Insider Transactions at Sony

In related news, Director Kenichiro Yoshida sold 400,000 shares of Sony stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $22.61, for a total transaction of $9,044,000.00. Following the transaction, the director directly owned 661,615 shares of the company's stock, valued at $14,959,115.15. The trade was a 37.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tsuyoshi Kodera sold 17,500 shares of Sony stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $22.61, for a total value of $395,675.00. Following the transaction, the insider directly owned 27,553 shares in the company, valued at approximately $622,973.33. The trade was a 38.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 7.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SONY shares. Weiss Ratings reissued a "sell (d+)" rating on shares of Sony in a research report on Wednesday, May 20th. Benchmark reaffirmed a "buy" rating on shares of Sony in a research report on Monday, May 11th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $22.00 price objective (down from $30.00) on shares of Sony in a research report on Tuesday, March 17th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Sony presently has a consensus rating of "Hold" and a consensus target price of $22.00.

Sony Stock Performance

Shares of SONY opened at $20.39 on Wednesday. The business's fifty day moving average price is $21.36 and its 200 day moving average price is $22.84. Sony Corporation has a 12-month low of $19.63 and a 12-month high of $30.34. The stock has a market capitalization of $120.44 billion, a PE ratio of -101.92, a price-to-earnings-growth ratio of 1.62 and a beta of 0.93. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.18 and a quick ratio of 0.94.

Sony (NYSE:SONY - Get Free Report) last issued its earnings results on Friday, May 8th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.13). The company had revenue of $19.15 billion during the quarter, compared to analyst estimates of $18.43 billion. Sony had a positive return on equity of 12.20% and a negative net margin of 2.61%.Sony's quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the business earned $32.86 earnings per share. Equities research analysts forecast that Sony Corporation will post 1.28 EPS for the current year.

Sony News Summary

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony Semiconductor Solutions was welcomed as a new Promoter Member of the MIPI Alliance, a modest positive for Sony’s image-sensor and semiconductor ecosystem. MIPI Alliance Welcomes Sony Semiconductor Solutions as a Promoter Member
• Positive Sentiment: Sony was tapped to handle international distribution for Greta Gerwig’s “Narnia” film project, which supports its entertainment pipeline and film distribution business. Sony To Handle International Distribution On Greta Gerwig's 'Narnia'
• Positive Sentiment: Analysts reportedly set a $22.00 price target on Sony, which can help support valuation sentiment. Analysts Set Sony Corporation NYSE: SONY Price Target at $22.00
• Neutral Sentiment: Sony unveiled a patent for controller buttons that harden around a player’s finger, an interesting product idea but not an immediate earnings driver. Sony has patented a controller with buttons that harden when you play with it
• Neutral Sentiment: Sony also filed a patent application for the same controller concept, reinforcing innovation themes but offering no near-term financial impact. Sony Files Patent Application For Controller With Buttons That Harden Around Your Finger
• Negative Sentiment: Reports of a PS5 profile issue showing games users do not own could raise concerns about platform reliability and account/security trust. Another Sony Security Concern: PS5 Games People Don't Own Are Appearing on Their Profiles
• Negative Sentiment: Sony confirmed its PS Plus removal list for July 2026, which may disappoint subscribers and add churn risk to the gaming ecosystem. Sony confirms PS Plus removal list for July 2026 – games you’ll lose soon
• Negative Sentiment: Rumors of a broader gaming-industry “bloodbath” and possible layoffs could pressure sentiment around Sony’s game operations. Rumour: Gaming Industry 'Bloodbath' Imminent, as Sony, Microsoft, and More Brace for Mass Layoffs
• Negative Sentiment: Commentary questioning Sony’s priorities around Bungie and Destiny 2 keeps attention on execution and acquisition risk in gaming. Destiny 2’s resurgence raises questions about Sony’s priorities

Sony Company Profile

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.

Want to see what other hedge funds are holding SONY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sony Corporation (NYSE:SONY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.