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The Potential Rise in the Price of Walt Disney Co (DIS) following insiders activity

In a filing, Walt Disney Co revealed its Officer Coleman Sonia L acquired Company’s shares for reported $0.34 million on Dec 17 ’24. In the deal valued at $111.36 per share,3,078 shares were bought.

Then, Coleman Sonia L sold 3,078 shares, generating $342,766 in total proceeds. Upon selling the shares at $111.36, the Sr. EVP and Chief HR Officer now owns 0 shares.

Before that, WOODFORD BRENT sold 8,000 shares. Walt Disney Co shares valued at $917,920 were divested by the EVP, Control, Fin Plan & Tax at a price of $114.74 per share. As a result of the transaction, WOODFORD BRENT now holds 44,055 shares, worth roughly $4.9 million.

Jefferies initiated its Walt Disney Co [DIS] rating to a Hold in a research note published on December 05, 2024; the price target was $120. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid October with a ‘”a Neutral”‘ rating. Raymond James also remained covering DIS and has decreased its forecast on October 01, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Seaport Research Partners revised its rating on September 30, 2024. It rated DIS as “a Buy” which previously was an “a Neutral”.

Price Performance Review of DIS

On Friday, Walt Disney Co [NYSE:DIS] saw its stock jump 0.31% to $111.16. Over the last five days, the stock has lost -1.24%. Walt Disney Co shares have fallen nearly -0.17% since the year began. Nevertheless, the stocks have risen 21.29% over the past one year. While a 52-week high of $123.74 was reached on 01/02/25, a 52-week low of $83.91 was recorded on 01/02/25. SMA at 50 days reached $108.59, while 200 days put it at $102.24.

Levels Of Support And Resistance For DIS Stock

The 24-hour chart illustrates a support level at 110.38, which if violated will result in even more drops to 109.60. On the upside, there is a resistance level at 111.74. A further resistance level may holdings at 112.31. The Relative Strength Index (RSI) on the 14-day chart is 48.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.85%. Stochastics %K at 20.35% 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 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.

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