This afternoon we watched Sony drop -1.8% to a price of $22.59 per share. The Large-Cap Consumer Electronics company is now trading -8.67% below its average target price of $24.73. Analysts have set target prices ranging from $23.0 to $27.54 per share for Sony, and have given the stock an average rating of buy.
The stock has a very low short interest at 0.1%, and a short ratio of 2.52. At 0.03%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a very small number of institutional investors are invested in the stock, with 8.0% of Sony's shares being owned by this investor type.
Institutions Invested in Sony
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Primecap Management Company | 2% | 106,354,615 | $2,402,018,882 |
| 2024-09-30 | Aristotle Capital Management, LLC | 1% | 53,440,200 | $1,206,946,868 |
| 2024-12-31 | Fisher Asset Management, LLC | 1% | 45,420,092 | $1,025,812,736 |
| 2024-09-30 | Harding Loevner LLC | 0% | 26,024,670 | $587,767,148 |
| 2024-09-30 | Bank of America Corporation | 0% | 24,915,340 | $562,712,931 |
| 2024-09-30 | Blackrock Inc. | 0% | 24,039,795 | $542,938,748 |
| 2024-09-30 | Morgan Stanley | 0% | 22,163,505 | $500,562,740 |
| 2024-09-30 | Mondrian Investment Partners Ltd | 0% | 11,062,380 | $249,843,842 |
| 2024-09-30 | Fiduciary Management, Inc. | 0% | 10,813,610 | $244,225,371 |
| 2024-09-30 | Goldman Sachs Group Inc | 0% | 7,346,935 | $165,930,520 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Sony.
