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flag Despite major shareholders selling stocks, Walt Disney reported strong earnings, exceeding expectations.

flag In the first quarter, Sterneck Capital Management LLC and Woodstock Corp reduced their holdings in Walt Disney stock, selling 167 and 3,015 shares respectively. flag Despite these reductions, Walt Disney reported strong quarterly earnings of $1.45 per share, beating estimates, and revenue of $23.62 billion. flag Analysts predict an EPS of 5.47 for the year and rate the stock as a "Moderate Buy" with a target price of $123.54.

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