Quadrant Capital Group LLC Sells 91,931 Shares of Sony Corporation $SONY

Quadrant Capital Group LLC cut its stake in shares of Sony Corporation (NYSE:SONY) by 30.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 213,460 shares of the company’s stock after selling 91,931 shares during the quarter. Quadrant Capital Group LLC’s holdings in Sony were worth $5,193,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. SHP Wealth Management acquired a new stake in shares of Sony in the fourth quarter valued at about $33,000. Retirement Wealth Solutions LLC boosted its holdings in Sony by 173.0% during the third quarter. Retirement Wealth Solutions LLC now owns 1,316 shares of the company’s stock worth $31,000 after buying an additional 834 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in Sony during the first quarter worth about $32,000. Evelyn Partners Asset Management Ltd acquired a new position in Sony during the first quarter worth about $33,000. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in Sony by 56.5% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,736 shares of the company’s stock worth $36,000 after buying an additional 627 shares during the period. Hedge funds and other institutional investors own 14.05% of the company’s stock.

Sony News Roundup

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony’s premium audio strategy is receiving favorable attention. Reviews highlight the affordable WF-C710N earbuds and discounted WF-1000XM6 and WH-CH520 headphones, while the company launched a $5,899 gold-plated Walkman aimed at high-end audiophiles. The products reinforce Sony’s brand strength and premium positioning, although the Walkman’s sales impact is likely limited. Sony WF-C710N review Gold-plated Walkman
• Positive Sentiment: Sony Pictures expanded its content pipeline by acquiring rights to Brett Bean’s “D’Orc,” developing the Tom Holland thriller “Penthouse,” and buying A24 titles for selected markets. These moves could support future licensing, theatrical, and streaming revenue, but financial terms and expected contribution were not disclosed. D’Orc rights Penthouse project
• Neutral Sentiment: Sony Pictures Television appointed former YouTube executive Lauren Glaubach as EVP of distribution, digital, and social platforms. The hire may strengthen digital monetization and distribution, but it is not an immediate financial catalyst. Lauren Glaubach appointment
• Neutral Sentiment: Sony is promoting NFL-themed XM6 headphones through a sweepstakes, while reviews cover its Bravia projector, cameras, and headphone discounts. These items may boost consumer engagement but provide no reported sales or profit data. NFL headphone sweepstakes
• Negative Sentiment: Reports suggest the PlayStation 6 could cost more than $1,000 because of rising memory costs. Higher hardware prices could pressure unit demand, though the reports are speculative and Sony has not confirmed pricing. Separately, Sony and Universal are seeking testimony from a Suno investor over training-data legal risks, adding potential litigation uncertainty to the music business. PlayStation 6 pricing report Suno legal dispute

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Benchmark reaffirmed a “buy” rating on shares of Sony in a report on Monday, August 3rd. Wall Street Zen downgraded shares of Sony from a “buy” rating to a “hold” rating in a research report on Sunday, August 9th. BNP Paribas Exane boosted their price target on Sony from $660.00 to $700.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Zacks Research lowered Sony from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 30th. Finally, UBS Group lowered their price target on Sony from $560.00 to $525.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Sony currently has a consensus rating of “Moderate Buy” and a consensus target price of $373.00.

Insider Buying and Selling at Sony

In other Sony news, insider Ravi Ahuja sold 15,580 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $22.71, for a total transaction of $353,821.80. Following the completion of the transaction, the insider directly owned 22,096 shares in the company, valued at approximately $501,800.16. This trade represents a 41.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Kenji Tanaka sold 20,000 shares of Sony stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $23.83, for a total transaction of $476,600.00. Following the transaction, the insider owned 43,899 shares of the company’s stock, valued at approximately $1,046,113.17. The trade was a 31.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 598,227 shares of company stock valued at $13,488,286 in the last quarter. Insiders own 7.00% of the company’s stock.

Sony Stock Up 1.6%

Sony stock opened at $25.18 on Wednesday. Sony Corporation has a fifty-two week low of $19.32 and a fifty-two week high of $30.34. The firm has a market capitalization of $148.74 billion, a price-to-earnings ratio of 19.50, a price-to-earnings-growth ratio of 1.61 and a beta of 0.99. The stock’s fifty day moving average is $23.97 and its two-hundred day moving average is $22.26. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 1.25.

Sony (NYSE:SONY) last released its quarterly earnings results on Saturday, August 1st. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.08. The business had revenue of $17.45 billion during the quarter, compared to the consensus estimate of $17.17 billion. Sony had a positive return on equity of 13.06% and a negative net margin of 2.00%. The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $42.84 EPS. Analysts predict that Sony Corporation will post 1.45 EPS for the current fiscal year.

Sony Company Profile

Sony Group Corporation is a Japan-based global entertainment and technology company whose businesses span games, music, motion pictures, electronics, imaging and financial services. The company develops and markets consumer and professional products, digital content, software and services through a portfolio of internationally recognized brands.

Sony’s Game & Network Services business operates the PlayStation platform, including hardware, software, online services and related content.