Walt Disney Co’s filing revealed that its Sr. EVP and Chief HR Officer Coleman Sonia L unloaded Company’s shares for reported $0.23 million on Apr 01 ’24. In the deal valued at $121.92 per share,1,857 shares were sold. As a result of this transaction, Coleman Sonia L now holds 4,400 shares worth roughly $0.52 million.
Then, WOODFORD BRENT sold 4,792 shares, generating $539,087 in total proceeds. Upon selling the shares at $112.50, the EVP, Control, Fin Plan & Tax now owns 38,493 shares.
Before that, Coleman Sonia L sold 898 shares. Walt Disney Co shares valued at $80,919 were divested by the Sr. EVP and Chief HR Officer at a price of $90.11 per share. As a result of the transaction, Coleman Sonia L now holds 1,861 shares, worth roughly $0.22 million.
UBS reiterated its Walt Disney Co [DIS] rating to a Buy in a research note published on March 27, 2024; the price target was $140. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in late March from “an Equal weight” to “an Overweight”. Needham also remained covering DIS and has increased its forecast on February 08, 2024 with a “Buy” recommendation from previously “Hold” rating. UBS maintained its rating on October 16, 2023. It rated DIS as “a Buy”.
Price Performance Review of DIS
On Monday, Walt Disney Co [NYSE:DIS] saw its stock fall -0.87% to $117.35. Over the last five days, the stock has lost -3.44%. Walt Disney Co shares have risen nearly 29.97% since the year began. Nevertheless, the stocks have risen 17.46% over the past one year. While a 52-week high of $123.74 was reached on 03/28/24, a 52-week low of $78.73 was recorded on 01/11/24. SMA at 50 days reached $110.56, while 200 days put it at $93.22. A total of 6.26 million shares were traded, compared to the trading of 2.81 million shares in the previous session.
Levels Of Support And Resistance For DIS Stock
The 24-hour chart illustrates a support level at 116.61, which if violated will result in even more drops to 115.86. On the upside, there is a resistance level at 118.31. A further resistance level may holdings at 119.26. The Relative Strength Index (RSI) on the 14-day chart is 55.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.88%. Stochastics %K at 46.14% indicates the stock is a holding.
How much short interest is there in Walt Disney Co?
A steep rise in short interest was recorded in Walt Disney Co stocks on Mar 15, 2024, growing by 0.97 million shares to a total of 18.65 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 17.68 million shares. There was a rise of 5.2%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.02% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.82.
The most recent change occurred on October 06, 2023 when Seaport Research Partners began covering the stock and recommended ‘”a Buy”‘ rating along with a $93 price target.
