The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sony Group Corporation ADR shares valued at $6,285,351 were purchased by VINCIQUERRA ANTHONY J on Dec 04 ’24. At $20.95 per share, VINCIQUERRA ANTHONY J acquired 300,000 shares.
Also, VINCIQUERRA ANTHONY J purchased 500,000 shares, netting a total of over 10,176,759 in proceeds.
Before that, VINCIQUERRA ANTHONY J had added 500,000 shares to its account. In a trade valued at $9,999,161, the Officer bought Sony Group Corporation ADR shares for $20.00 each.
As published in their initiating research note from Bernstein on January 16, 2025, Sony Group Corporation ADR [SONY] has been an Outperform. Analysts at Daiwa Securities downgraded the stock from ‘”a Buy”‘ to ‘”an Outperform”‘ outlook in a report released in mid September. As of February 15, 2024, Macquarie has decreased its “an Outperform” rating to a “Neutral” for SONY. Earlier on December 12, 2023, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for SONY stock.
Analyzing SONY Stock Performance
During the last five days, there has been a surge of approximately 3.18%. Over the course of the year, Sony Group Corporation ADR shares have jumped approximately 8.74%. Shares of the company reached a 52-week high of $23.05 on 02/06/25 and a 52-week low of $19.85 on 01/14/25. A 50-day SMA is recorded $21.07, while a 200-day SMA reached $18.57. Nevertheless, trading volume fell to 2.99 million shares from 3.87 million shares the previous day.
Support And Resistance Levels for Sony Group Corporation ADR (SONY)
According to the 24-hour chart, there is a support level at 22.93, which, if violated, would cause prices to drop to 22.85. In the upper region, resistance lies at 23.07. The next price resistance is at 23.13. RSI (Relative Strength Index) is 69.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.08, which suggests the price will increase in the coming days. Percent R is at 1.59%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
