Sony Gets Moderate Buy Rating as Insider Kenji Tanaka Sells Shares
Brokers set Sony’s average 12-month price target at $22.00, while Benchmark reiterated a buy rating on Aug. 3. Insider Kenji Tanaka sold 20,000 shares at an average $23.83 for about $476,600, leaving him with 43,899 shares. Overall, insiders sold 952,565 shares worth $20,915,191 over the past three months as analysts forecast 1.41 EPS for the year.