Rep. Jefferson Shreve Purchases Shares of The Walt Disney Company (NYSE:DIS)

Representative Jefferson Shreve (R-Indiana) recently bought shares of The Walt Disney Company NYSE: DIS. In a filing disclosed on June 22nd, the Representative disclosed that they had bought between $15,001 and $50,000 in Walt Disney stock on May 8th.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Walt Disney Stock Down 0.8%

Shares of DIS traded down $0.95 during midday trading on Monday, reaching $120.52. 2,048,160 shares of the stock were exchanged, compared to its average volume of 9,791,906. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The firm has a 50 day simple moving average of $117.97 and a 200-day simple moving average of $107.34. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The company has a market cap of $216.67 billion, a price-to-earnings ratio of 24.63, a P/E/G ratio of 1.78 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same period last year, the business earned $1.21 EPS. The business's quarterly revenue was up 7.0% on a year-over-year basis. Research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Activity

In related news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president directly owned 46,831 shares in the company, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Guggenheim raised their price target on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Jefferies Financial Group raised Walt Disney from a "hold" rating to a "buy" rating and raised their price objective for the company from $100.00 to $144.00 in a research note on Monday, June 30th. Wall Street Zen downgraded Walt Disney from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 20th. Rosenblatt Securities raised their price objective on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Finally, Morgan Stanley raised their price objective on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Five equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $128.13.

Institutional Investors Weigh In On Walt Disney

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Centricity Wealth Management LLC bought a new stake in shares of Walt Disney in the fourth quarter worth about $72,000. Eubel Brady & Suttman Asset Management Inc. increased its holdings in shares of Walt Disney by 0.8% in the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 282,542 shares of the entertainment giant's stock worth $31,461,000 after acquiring an additional 2,285 shares in the last quarter. Greystone Financial Group LLC increased its holdings in shares of Walt Disney by 13.3% in the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock worth $9,486,000 after acquiring an additional 9,967 shares in the last quarter. Finally, PMG Wealth Management Inc. bought a new position in shares of Walt Disney during the fourth quarter worth about $229,000. Institutional investors own 65.71% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.