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The Walt Disney Company $DIS Shares Sold by Gateway Investment Advisers LLC
Gateway Investment Advisers LLC decreased its stake in The Walt Disney Company by 11.4% in the fourth quarter of the prior year, selling 43,671 shares and ending with 338,135 shares valued at approximately $38.47 million. Disney reported strong quarterly earnings, beating expectations with an adjusted EPS of $1.57 and revenue of $25.17 billion, and analysts maintain a “Moderate Buy” rating with a $133.53 consensus price target. The company also reached a significant milestone with its streaming services achieving their first double-digit profit margin.