Disney Share Buyup Continues as Major Investor Takes Stake
Canandaigua National Bank & Trust Co., a financial institution, has invested in The Walt Disney Company (NYSE:DIS) by purchasing 24,294 shares valued at approximately $2.338 million in the second quarter.
This is not an isolated instance; several other large investors have also increased their stakes in DIS recently.
Among these are Pinnacle Bancorp Inc., which grew its position in Disney by 1.5% during the fourth quarter, and Alesco Advisors LLC, which boosted its stake by 2.7% in the same period.