Stocks of Walt Disney Company (The) (NYSE:DIS) rallied by 1.71% during the past week but lost 0.78% on a 4-week basis. The company has outperformed the S&P 500 by 2.93% in the past week but underperformed the index by 1.69% in the last 4 weeks.
Walt Disney Company (The) (NYSE:DIS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $98.41 and $98.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $99.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $99.00, notching a gain of 0.63% for the day. The total traded volume was 8,959,401 . The stock had closed at $98.38 on the previous day.
The company shares have dropped -12.09% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $122.08 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $100.54 and the 200 Day Moving Average price is recorded at $100.31.
On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Walt Disney Co/, Lagomasino Maria Elena had purchased shares worth of $99,940 in a transaction dated on May 12, 2016. A total of 980 shares were purchased at a price of $101.98 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Credit Suisse maintains its rating on Walt Disney Company (The) (NYSE:DIS). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Credit Suisse lowers the price target from $130 per share to $128 per share. The rating by the firm was issued on May 12, 2016. Currently the company Insiders own 13% of Walt Disney Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.56% . Institutional Investors own 60.73% of Walt Disney Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -15.2%.
The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences. The Walt Disney Studio brings movies, music and stage plays to consumers throughout the world. Disney Consumer Products (DCP) delivers product experiences across thousands of categories from toys and apparel to books and fine art. Disney Interactive is a creator of interactive entertainment across all current and emerging digital media platforms.