The Walt Disney Company (DIS) Showing Signs Of Heavy Institutional Buying?

The Walt Disney Company (NYSE:DIS) produced a 13.76% rally since recording the worst price of $97.68. Thanks to the latest 0.47% increase, it now trades at $111.12. Throughout the trading on 01/23/2019, the share price floated between $110 and $111.84. This company shares are 12.22% off its target price of $124.7 and the current market capitalization stands at $165.6B. The recent change has given its price a -0.81% deficit over SMA 50 and -7.55% deficit over its 52-week high. The stock witnessed 3.85% gains, -6.54% declines and 0.03% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found DIS’s volatility during a week at 1.24% and during a month it has been found around 2.14%.

The Walt Disney Company (DIS) Top Holders

Institutional investors currently hold around $104.3 billion or 65% in DIS stock. Look at its top three institutional owners. Vanguard Group Inc owns $11.47 billion in The Walt Disney Company, which represents roughly 6.93% of the company’s market cap and approximately 11% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 87,254,234 shares of the stock are valued at $9.65 billion. The third largest holder is State Street Corp, which currently holds $6.55 billion worth of this stock and that ownership represents nearly 3.95% of its market capitalization.

The Walt Disney Company 13F Filings

At the end of September reporting period, 1,111 institutional holders increased their position in The Walt Disney Company (NYSE:DIS) by some 48,953,257 shares, 883 decreased positions by 47,445,441 and 253 held positions by 846,622,070. That puts total institutional holdings at 943,020,768 shares, according to SEC filings. The stock grabbed 132 new institutional investments totaling 4,832,014 shares while 85 institutional investors sold out their entire positions totaling 7,957,366 shares.

The Walt Disney Company (NYSE:DIS) Insider Trades

Multiple company employees have indulged in significant insider trading. The Walt Disney Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP, Control, Fin Plan & Tax Woodford Brent has sold 4 shares of The Walt Disney Company (DIS) in trading session dated Jan. 15, 2019. These shares are worth $451 and were traded at $112.79 each. The SEC filing shows that Braverman Alan N performed a sale of 42 shares. The Sr EVP, General Counsel & Secy disposed these shares by way of transaction on Jan. 15, 2019. The company’s shares were given away at $112.79 per share worth to an income of some $4,737 on account of Braverman Alan N.

EVP, Control, Fin Plan & Tax, Woodford Brent, sold 2,000 common shares of The Walt Disney Company (DIS) in the open market. In a transaction dated Jan. 09, 2019, the shares were put up for sale at an average price of $112.75, raking in a sum of $225,500. After this sale, 24,894 common shares of DIS are directly owned by the insider, with total stake valued at $2,766,221.

In the transaction dated Jan. 04, 2019, the great number of shares disposed came courtesy the EVP, Control, Fin Plan & Tax; Woodford Brent disposed a total of 294 shares at an average price of $110, amounting to approximately $32,340. The insider now directly owns 26,892 shares worth $2,988,239.

The Walt Disney Company (DIS) Analyst Guide

Several analysts have released their opinion on The Walt Disney Company (NYSE:DIS), with 7 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 9 buy, 1 sell and 1 strong sell ratings, collectively assigning a 2.2 average brokerage recommendation.