The Walt Disney Company (NYSE:DIS) EVP Sells $568,100.00 in Stock

The Walt Disney Company (NYSE:DIS) EVP Brent Woodford sold 5,000 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Walt Disney Price Performance

Shares of DIS stock opened at $115.65 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The firm has a fifty day moving average of $98.09 and a 200-day moving average of $96.78. The firm has a market capitalization of $209.44 billion, a price-to-earnings ratio of 42.68, a price-to-earnings-growth ratio of 2.13 and a beta of 1.40.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Morgan Stanley raised their price objective on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Sanford C. Bernstein lifted their price objective on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, November 15th. JPMorgan Chase & Co. decreased their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Needham & Company LLC lifted their price target on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Raymond James reissued a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Five investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $123.83.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DIS. William B. Walkup & Associates Inc. bought a new stake in Walt Disney during the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC increased its position in shares of Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 122 shares in the last quarter. First PREMIER Bank raised its holdings in shares of Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after acquiring an additional 256 shares during the period. FSA Wealth Management LLC bought a new stake in Walt Disney in the 3rd quarter valued at $51,000. Finally, Iron Horse Wealth Management LLC boosted its stake in Walt Disney by 148.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after purchasing an additional 333 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Company Profile

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.