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Investing in Walt Disney Co (DIS): What You Must Know

Walt Disney Co’s recently made public that its Officer Coleman Sonia L acquired Company’s shares for reported $0.28 million on Nov 11 ’24. In the deal valued at $99.99 per share,2,798 shares were bought.

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Then, Coleman Sonia L sold 2,798 shares, generating $279,772 in total proceeds. Upon selling the shares at $99.99, the Sr. EVP and Chief HR Officer now owns 0 shares.

Before that, MCDONALD CALVIN bought 11,756 shares. Walt Disney Co shares valued at $999,994 were divested by the Director at a price of $85.06 per share. As a result of the transaction, MCDONALD CALVIN now holds 22,313 shares, worth roughly $2.57 million.

Piper Sandler initiated its Walt Disney Co [DIS] rating to a Neutral in a research note published on October 16, 2024; the price target was $95. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early October from “an Outperform” to “a Mkt perform”. Seaport Research Partners also remained covering DIS and has increased its forecast on September 30, 2024 with a “Buy” recommendation from previously “Neutral” rating. Seaport Research Partners revised its rating on August 08, 2024. It rated DIS as “a Neutral” which previously was an “a Buy”.

Price Performance Review of DIS

On Friday, Walt Disney Co [NYSE:DIS] saw its stock jump 5.46% to $115.08. Over the last five days, the stock has gained 16.22%. Walt Disney Co shares have risen nearly 27.46% since the year began. Nevertheless, the stocks have risen 22.52% over the past one year. While a 52-week high of $123.74 was reached on 03/28/24, a 52-week low of $83.91 was recorded on 08/08/24. SMA at 50 days reached $95.56, while 200 days put it at $101.50.

Levels Of Support And Resistance For DIS Stock

The 24-hour chart illustrates a support level at 111.82, which if violated will result in even more drops to 108.57. On the upside, there is a resistance level at 116.76. A further resistance level may holdings at 118.45. The Relative Strength Index (RSI) on the 14-day chart is 89.06, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.88, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.54%. Stochastics %K at 88.42% indicates the stock is a selling.

How much short interest is there in Walt Disney Co?

A steep rise in short interest was recorded in Walt Disney Co stocks on 2024-10-31, dropping by -3.07 million shares to a total of 17.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 20.61 million shares. There was a decline of -17.51%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on August 05, 2024 when Morgan Stanley resumed its ‘”an Overweight”‘ rating for the stock and retained the price target to $110.

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