Generali Investments CEE investicni spolecnost a.s. Sells 20,000 Shares of Sony Corporation $SONY

Key Points

• Generali Investments CEE has reduced its stake in **Sony Corporation** by 12.1%, selling 20,000 shares and now holding 145,750 shares valued at approximately $3.79 million.
• Other institutional investors, such as **Wellington Management Group LLP** and **1832 Asset Management L.P.**, have made significant increases in their positions in Sony, with some raising stakes by over 700%.
• **Sony's** recent earnings report showed a profit of $0.30 per share, exceeding analyst expectations, although revenue fell short at **$17.79 billion**, compared to projected figures of $18.88 billion.

Generali Investments CEE investicni spolecnost a.s. decreased its position in shares of Sony Corporation (NYSE:SONY - Free Report) by 12.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,750 shares of the company's stock after selling 20,000 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.'s holdings in Sony were worth $3,794,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP purchased a new stake in shares of Sony during the 1st quarter worth $78,905,000. 1832 Asset Management L.P. lifted its stake in shares of Sony by 702.4% during the 1st quarter. 1832 Asset Management L.P. now owns 1,318,299 shares of the company's stock worth $33,472,000 after purchasing an additional 1,154,010 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Sony by 124.5% during the 1st quarter. Ameriprise Financial Inc. now owns 2,060,705 shares of the company's stock worth $52,814,000 after purchasing an additional 1,142,849 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Sony by 2,995.3% during the 1st quarter. GAMMA Investing LLC now owns 994,755 shares of the company's stock worth $25,257,000 after purchasing an additional 962,617 shares during the last quarter. Finally, Todd Asset Management LLC lifted its stake in shares of Sony by 59.2% during the 1st quarter. Todd Asset Management LLC now owns 1,515,899 shares of the company's stock worth $38,489,000 after purchasing an additional 563,802 shares during the last quarter. Institutional investors own 14.05% of the company's stock.

Sony Trading Down 1.1%

Shares of NYSE SONY opened at $28.79 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.09 and a quick ratio of 1.03. The stock has a market capitalization of $174.13 billion, a P/E ratio of 22.85 and a beta of 0.94. Sony Corporation has a 1-year low of $17.42 and a 1-year high of $30.25. The business has a fifty day moving average price of $27.56 and a 200 day moving average price of $25.84.

Sony (NYSE:SONY - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.06. The firm had revenue of $17.79 billion during the quarter, compared to analysts' expectations of $18.88 billion. Sony had a return on equity of 13.88% and a net margin of 9.14%.During the same period in the prior year, the business posted $189.90 EPS. Sony has set its FY 2025 guidance at EPS. Equities research analysts expect that Sony Corporation will post 1.23 EPS for the current fiscal year.

Sony Company Profile

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices.

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