Walt Disney (NYSE:DIS) Trading Down 0.1% Following Insider Selling

The Walt Disney Company (NYSE:DIS - Get Free Report) traded down 0.1% during mid-day trading on Wednesday following insider selling activity. The stock traded as low as $110.83 and last traded at $111.32. 2,585,623 shares traded hands during trading, a decline of 75% from the average session volume of 10,315,720 shares. The stock had previously closed at $111.38.

Specifically, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president now owns 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Analyst Ratings Changes

Several research analysts have commented on DIS shares. Citigroup restated a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Guggenheim lowered their target price on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. UBS Group boosted their price target on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Loop Capital upped their price target on shares of Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Finally, The Goldman Sachs Group lifted their price objective on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average price target of $123.54.

Walt Disney Trading Up 0.6%

The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The firm has a market cap of $201.51 billion, a PE ratio of 36.42, a P/E/G ratio of 1.80 and a beta of 1.49. The business has a fifty day moving average price of $94.01 and a 200 day moving average price of $104.44.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same period in the prior year, the firm posted $1.21 earnings per share. The firm's revenue was up 7.0% on a year-over-year basis. Analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Institutional Investors Weigh In On Walt Disney

A number of institutional investors and hedge funds have recently bought and sold shares of DIS. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Walt Disney in the first quarter valued at approximately $26,000. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney in the fourth quarter valued at $27,000. Kessler Investment Group LLC boosted its stake in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after buying an additional 200 shares during the period. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney during the fourth quarter worth about $28,000. Finally, Tacita Capital Inc increased its position in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after acquiring an additional 124 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

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.

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