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Monster insider trading alert for Disney stock
DisneyDisney(US:DIS) Finboldยท2024-12-13 13:24

Core Insights - Disney's stock has experienced significant volatility in 2024, trading between $85.60 and $122.82, with a notable 10-year low reached in September 2023 [1] - The company's Q4 and full-year 2024 earnings call indicated a positive turnaround, with earnings per share (EPS) and revenue exceeding analyst expectations, particularly in the previously struggling segments of streaming and movies [1] - As of the latest report, Disney's stock price surged to $114.76, reflecting an 11.66% increase from $102.72 a month prior, contributing to a year-to-date return of 26.51% [2] Stock Transactions - Brent Woodford, Disney's Executive Vice President, sold 8,000 shares in two transactions on December 11, totaling approximately $917,920, with average sale prices of $114.49 and $114.99 [3] - Prior to these sales, Woodford exercised stock options to acquire 8,000 shares at $92.235 each, resulting in a cost of $737,880 and a profit of approximately $180,040 from the subsequent sales [3][5] - The recent sales were not part of a prescheduled 10b5-1 plan, suggesting that the insider viewed the current stock price as a favorable point to realize profits [5] Market Outlook - Despite insider selling, Disney's stock is perceived to have strong momentum heading into 2025, with potential for significant value increase if the trend of outperforming analyst expectations continues [5]