In a filing, Sony Group Corporation ADR revealed its Officer VINCIQUERRA ANTHONY J acquired Company’s shares for reported $6.29 million on Dec 04 ’24. In the deal valued at $20.95 per share,300,000 shares were bought.
Then, VINCIQUERRA ANTHONY J bought 500,000 shares, generating $10,176,759 in total proceeds.
Before that, VINCIQUERRA ANTHONY J bought 500,000 shares. Sony Group Corporation ADR shares valued at $9,999,161 were divested by the Officer at a price of $20.00 per share.
Bernstein initiated its Sony Group Corporation ADR [SONY] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who decreased its forecast for the stock in mid September from “a Buy” to “an Outperform”. Macquarie also remained covering SONY and has decreased its forecast on February 15, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Wolfe Research started covering the stock on December 12, 2023. It rated SONY as “an Outperform”.
Price Performance Review of SONY
On Friday, Sony Group Corporation ADR [NYSE:SONY] saw its stock fall -1.30% to $22.01. Over the last five days, the stock has gained 5.66%. Sony Group Corporation ADR shares have risen nearly 4.02% since the year began. Nevertheless, the stocks have risen 12.99% over the past one year. While a 52-week high of $22.71 was reached on 01/30/25, a 52-week low of $15.02 was recorded on 01/14/25. SMA at 50 days reached $20.79, while 200 days put it at $18.44.
Levels Of Support And Resistance For SONY Stock
The 24-hour chart illustrates a support level at 21.89, which if violated will result in even more drops to 21.76. On the upside, there is a resistance level at 22.18. A further resistance level may holdings at 22.35. The Relative Strength Index (RSI) on the 14-day chart is 61.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.09, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.13%. Stochastics %K at 91.40% indicates the stock is a selling.
How much short interest is there in Sony Group Corporation ADR?
A steep rise in short interest was recorded in Sony Group Corporation ADR stocks on 2025-01-15, growing by 0.12 million shares to a total of 7.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 7.84 million shares. There was a rise of 1.5%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 16, 2023 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating .
