Rep. Bruce Westerman Purchases Shares of Sony Group Co. (NYSE:SONY)

by · The Cerbat Gem

Representative Bruce Westerman (R-Arkansas) recently bought shares of Sony Group Co. (NYSE:SONY). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Sony Group stock on March 3rd. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
  • Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
  • Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
  • Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
  • Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
  • Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

Sony Group Stock Up 2.8 %

Shares of Sony Group stock traded up $0.66 during trading hours on Friday, reaching $24.02. 4,549,476 shares of the company’s stock were exchanged, compared to its average volume of 4,155,448. The stock has a market cap of $145.23 billion, a P/E ratio of 19.49, a P/E/G ratio of 9.95 and a beta of 0.94. The company has a 50 day moving average of $24.01 and a two-hundred day moving average of $21.42. The company has a current ratio of 0.66, a quick ratio of 0.49 and a debt-to-equity ratio of 0.25. Sony Group Co. has a fifty-two week low of $15.02 and a fifty-two week high of $25.78.

Sony Group (NYSE:SONY – Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.14. Sony Group had a return on equity of 14.10% and a net margin of 8.21%. The firm had revenue of $28.95 billion for the quarter, compared to analyst estimates of $24.32 billion. On average, sell-side analysts forecast that Sony Group Co. will post 1.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SONY has been the subject of a number of analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $33.00 price target (up previously from $25.00) on shares of Sony Group in a research note on Thursday, February 20th. The Goldman Sachs Group initiated coverage on shares of Sony Group in a research report on Tuesday, March 25th. They issued a “buy” rating for the company. Wolfe Research reiterated a “peer perform” rating on shares of Sony Group in a research report on Monday, April 7th. StockNews.com downgraded shares of Sony Group from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Sanford C. Bernstein started coverage on Sony Group in a report on Thursday, January 16th. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Sony Group presently has an average rating of “Moderate Buy” and an average price target of $28.00.

Get Our Latest Report on Sony Group

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Inscription Capital LLC bought a new position in shares of Sony Group in the 1st quarter worth $132,000. QRG Capital Management Inc. increased its position in shares of Sony Group by 15.5% during the first quarter. QRG Capital Management Inc. now owns 497,818 shares of the company’s stock valued at $12,640,000 after acquiring an additional 66,680 shares during the last quarter. Sagespring Wealth Partners LLC raised its stake in shares of Sony Group by 37.2% during the 1st quarter. Sagespring Wealth Partners LLC now owns 30,454 shares of the company’s stock worth $773,000 after purchasing an additional 8,250 shares during the period. Adero Partners LLC boosted its holdings in shares of Sony Group by 9.4% in the 1st quarter. Adero Partners LLC now owns 11,348 shares of the company’s stock worth $288,000 after buying an additional 975 shares during the last quarter. Finally, Morton Capital Management LLC CA bought a new position in Sony Group during the first quarter valued at about $218,000. 14.05% of the stock is owned by institutional investors.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Sony Group Company Profile

(Get Free Report)

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices.

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