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The Walt Disney Company $DIS Shares Sold by Impax Asset Management Group plc
Impax Asset Management Group plc significantly reduced its stake in The Walt Disney Company (NYSE:DIS) by 68.1% in the fourth quarter, selling 146,771 shares and holding 68,734 shares valued at $7.82 million. Despite this, other institutional investors increased their holdings, and Disney reported strong quarterly earnings, beating analyst expectations with 5.2% year-over-year revenue growth. The stock maintains a “Moderate Buy” consensus rating from analysts, though recent price targets have been mixed, with a consensus target of $133.53.