Disney Stock Sold as Groupama Cuts Holdings

Groupama Asset Management has sold 13,933 shares of The Walt Disney Company (NYSE:DIS) during the first quarter. The fund's holdings in Disney decreased by 5.2% to 254,138 shares, valued at $24,494,000. This sale is part of a larger trend, as institutional investors and hedge funds have been buying and selling shares of DIS.

The Walt Disney Company has seen its stock price rise by 0.1% to open at $96.29 on Friday. Analysts' estimates suggest the company's FY2026 guidance is set at 6.640-6.640 EPS, with a current year EPS estimate of 6.83.

The entertainment giant has experienced significant growth in its streaming business, moving from multibillion-dollar losses to profitability and pursuing international expansion. This growth driver supports the investment case if subscriber growth and margins continue improving.