Prospera Financial Services Inc Raises Stock Position in Warner Bros. Discovery, Inc. $WBD

Prospera Financial Services Inc grew its stake in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 693.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 282,402 shares of the company’s stock after acquiring an additional 246,825 shares during the period. Prospera Financial Services Inc’s holdings in Warner Bros. Discovery were worth $5,515,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its position in Warner Bros. Discovery by 304.9% during the 4th quarter. Brighton Jones LLC now owns 68,950 shares of the company’s stock valued at $729,000 after purchasing an additional 51,920 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Warner Bros. Discovery by 50.5% during the first quarter. NewEdge Advisors LLC now owns 63,254 shares of the company’s stock valued at $679,000 after buying an additional 21,228 shares during the period. Empowered Funds LLC increased its stake in shares of Warner Bros. Discovery by 6.2% during the first quarter. Empowered Funds LLC now owns 65,082 shares of the company’s stock valued at $698,000 after buying an additional 3,779 shares during the period. Focus Partners Wealth raised its holdings in shares of Warner Bros. Discovery by 91.6% in the first quarter. Focus Partners Wealth now owns 116,821 shares of the company’s stock valued at $1,254,000 after acquiring an additional 55,837 shares in the last quarter. Finally, Callan Family Office LLC lifted its stake in Warner Bros. Discovery by 88.4% in the second quarter. Callan Family Office LLC now owns 35,132 shares of the company’s stock worth $403,000 after acquiring an additional 16,486 shares during the period. Institutional investors own 59.95% of the company’s stock.

Analyst Ratings Changes

WBD has been the topic of a number of research reports. Barrington Research downgraded shares of Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a research report on Friday, December 5th. UBS Group lifted their price objective on shares of Warner Bros. Discovery from $20.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. Weiss Ratings downgraded shares of Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, February 5th. Benchmark increased their target price on Warner Bros. Discovery from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $29.50 price target on shares of Warner Bros. Discovery in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $24.94.

Insider Buying and Selling at Warner Bros. Discovery

In other Warner Bros. Discovery news, CAO Lori C. Locke sold 4,122 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $28.92, for a total value of $119,208.24. Following the completion of the sale, the chief accounting officer directly owned 100,962 shares in the company, valued at approximately $2,919,821.04. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Gunnar Wiedenfels sold 242,994 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $29.50, for a total value of $7,168,323.00. Following the completion of the sale, the chief financial officer directly owned 918,940 shares of the company’s stock, valued at approximately $27,108,730. This represents a 20.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 267,116 shares of company stock valued at $7,781,731. Company insiders own 1.80% of the company’s stock.

Warner Bros. Discovery Price Performance

Shares of WBD opened at $27.80 on Wednesday. The company has a 50 day moving average of $28.19 and a two-hundred day moving average of $21.33. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.90. Warner Bros. Discovery, Inc. has a twelve month low of $7.52 and a twelve month high of $30.00. The company has a market cap of $68.89 billion, a price-to-earnings ratio of 146.32 and a beta of 1.64.

More Warner Bros. Discovery News

Here are the key news stories impacting Warner Bros. Discovery this week:

• Positive Sentiment: Paramount enhanced its $30 per-share all-cash tender offer by adding a $0.25-per-share “ticking fee” for delays past Dec. 31, 2026, offering to fund Netflix breakup costs and reporting regulatory progress — improving the attractiveness and perceived certainty of Paramount’s alternative. PARAMOUNT ENHANCES ITS SUPERIOR $30 PER SHARE ALL-CASH OFFER FOR WARNER BROS. DISCOVERY
• Positive Sentiment: Short interest in WBD dropped materially in January (about a 29.6% decline vs. mid‑January), reducing immediate downside pressure from short covering dynamics and potentially supporting the stock. (data reported in market notices)
• Neutral Sentiment: Activist investor Ancora built roughly a $200M stake and is pressing Warner Bros. Discovery to walk away from the Netflix deal and favor a pathway toward Paramount/Skydance — this raises the chance of shareholder activism driving a different outcome but is uncertain in effect. Activist investor Ancora pushes Warner Bros to walk away from Netflix deal, WSJ reports
• Neutral Sentiment: Warner’s content pipeline headlines (e.g., the upcoming Harry Potter TV series promoted as a major streaming event) remain positive for long‑term value but are secondary to the takeover/transaction news in driving near‑term price moves. ‘Harry Potter’ Series Set to Be the ‘Streaming Event of the Decade,’ Says Warner Bros. Discovery Streaming Boss
• Negative Sentiment: Regulatory risk: the Netflix acquisition pathway faces antitrust scrutiny in the U.S., which increases the probability of delays, concessions or a blocked transaction — adding deal execution risk and volatility to the stock. Netflix-Warner Bros deal faces anti-trust probe in the US

Warner Bros. Discovery Profile

Warner Bros. Discovery (NASDAQ: WBD) is a global media and entertainment company formed when WarnerMedia and Discovery, Inc combined their businesses in 2022. Headquartered in New York City, the company assembles a broad portfolio of film and television production, linear and cable networks, streaming services and consumer distribution operations. Its assets span well-known studio brands, premium scripted and unscripted programming, news and factual entertainment, and licensed franchise properties.

The company’s core activities include film and television production and distribution through units such as Warner Bros.