Sequoia Financial Advisors LLC Sells 47,647 Shares of Sony Corporation $SONY

Key Points

• Sequoia Financial Advisors reduced its Sony stake by 27.8% in the second quarter, selling 47,647 shares and retaining 123,969 shares valued at approximately $2.49 million.
• Sony insiders sold 952,565 shares worth about $20.9 million during the latest quarter; corporate insiders own 7% of the company, while institutional investors hold 14.05%.
• Sony exceeded quarterly earnings and revenue expectations, reporting $0.36 EPS and $17.45 billion in revenue. Analysts maintain a “Moderate Buy” consensus, with an average price target of $22.00 versus the reported share price of $23.89.

Sequoia Financial Advisors LLC cut its stake in Sony Corporation (NYSE:SONY - Free Report) by 27.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 123,969 shares of the company's stock after selling 47,647 shares during the period. Sequoia Financial Advisors LLC's holdings in Sony were worth $2,487,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SONY. Binnacle Investments Inc increased its position in shares of Sony by 81.7% during the third quarter. Binnacle Investments Inc now owns 1,032 shares of the company's stock worth $30,000 after acquiring an additional 464 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of Sony in the fourth quarter valued at approximately $27,000. Osterweis Capital Management Inc. bought a new position in Sony in the fourth quarter worth approximately $28,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in 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 in the last quarter. Finally, Twin Tree Management LP increased its holdings in Sony by 4,218.5% during the 4th 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. Institutional investors own 14.05% of the company's stock.

Insider Buying and Selling at Sony

In related news, insider Jonathan Jose Platt sold 16,512 shares of the business's stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $21.08, for a total transaction of $348,072.96. Following the completion of the transaction, the insider owned 83,326 shares in the company, valued at $1,756,512.08. The trade was a 16.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ravi Ahuja sold 15,580 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $22.71, for a total transaction of $353,821.80. Following the sale, the insider directly owned 22,096 shares of the company's stock, valued at $501,800.16. The trade was a 41.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 952,565 shares of company stock valued at $20,915,191. 7.00% of the stock is currently owned by corporate insiders.

Key Sony News

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Commentary surrounding Sony’s 2026 gaming lineup portrays the company as likely to emerge commercially successful despite controversy, supporting sentiment toward the PlayStation business. Sony is the bad guy of 2026, but it’s going to win anyway
• Positive Sentiment: A favorable review of Sony’s WH-1000XM4C headphones reinforces the strength of the company’s consumer-electronics brand, although it is unlikely to materially affect valuation. Sony WH-1000XM4C Review: Still Kind of Goated
• Neutral Sentiment: Reports that the PlayStation 6 could cost as much as $1,000 highlight potential premium pricing and revenue upside, but the speculation also raises questions about consumer demand and adoption. The PlayStation 6 Could Be Sony's First $1,000 Console
• Neutral Sentiment: A possible camera-sensor upgrade for the Xperia 1 IX could improve Sony’s smartphone appeal, but the report is preliminary and has limited implications for overall earnings. Sony Xperia 1 IX May Finally Get the Camera Sensor It Deserves
• Neutral Sentiment: Historical coverage of Sony’s PS3 use in a military supercomputer is notable but has no meaningful effect on current financial performance. How the US military used Sony’s PS3 to build one of the world’s biggest supercomputers
• Negative Sentiment: Sony’s planned $7.85 million PlayStation Store settlement creates a modest legal expense and highlights ongoing consumer-rights scrutiny. Sony Will Pay Out $7.85 Million in PlayStation Store Credit
• Negative Sentiment: Multiple reports say Sony ended or reconsidered work associated with Hideo Kojima after disappointing expectations for Death Stranding 2, potentially signaling tighter oversight of PlayStation investments and creative risk. Why Did PlayStation Ditch Kojima?
• Negative Sentiment: Heavy discounts on Sony’s BRAVIA 8 II television may support short-term unit sales but can pressure pricing and margins. Amazon Discounts Sony’s BRAVIA 8 II TV

Sony Trading Down 0.0%

Shares of NYSE:SONY opened at $23.89 on Monday. Sony Corporation has a 12-month low of $19.32 and a 12-month high of $30.34. The business's fifty day simple moving average is $22.88 and its 200-day simple moving average is $21.75. The company has a market capitalization of $141.17 billion, a PE ratio of 21.33, a P/E/G ratio of 1.72 and a beta of 0.93. The company has a current ratio of 1.25, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11.

Sony (NYSE:SONY - Get Free Report) last issued its quarterly earnings data on Saturday, August 1st. The company reported $0.36 earnings per share for the quarter, topping 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 firm had revenue of $17.45 billion during the quarter, compared to analysts' expectations of $17.17 billion. During the same period in the prior year, the business posted $42.84 EPS. The firm's quarterly revenue was up 8.2% on a year-over-year basis. As a group, equities research analysts predict that Sony Corporation will post 1.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SONY has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Sony in a research report on Monday, August 17th. Benchmark restated a "buy" rating on shares of Sony in a research note on Monday, August 3rd. Wall Street Zen downgraded Sony from a "buy" rating to a "hold" rating in a report on Sunday, August 9th. Finally, Zacks Research raised shares of Sony from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sony currently has an average rating of "Moderate Buy" and an average price target of $22.00.

Sony Company Profile

Sony Group Corporation is a Japan-based global entertainment and technology company headquartered in Tokyo. Founded in 1946 as Tokyo Tsushin Kogyo, the company adopted the Sony name in 1958 and has developed a diversified portfolio spanning consumer electronics, interactive entertainment, music, film and television, and imaging technology.

Sony's Game & Network Services business operates the PlayStation platform and provides hardware, software, digital content and network services.

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