ING Groep NV Buys 254,128 Shares of Warner Bros. Discovery, Inc. $WBD

ING Groep NV increased its stake in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 688.1% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 291,059 shares of the company’s stock after buying an additional 254,128 shares during the period. ING Groep NV’s holdings in Warner Bros. Discovery were worth $5,684,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Concord Wealth Partners boosted its holdings in Warner Bros. Discovery by 49.9% in the third quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock worth $26,000 after acquiring an additional 440 shares in the last quarter. Physician Wealth Advisors Inc. increased its holdings in shares of Warner Bros. Discovery by 152.1% during the third quarter. Physician Wealth Advisors Inc. now owns 1,404 shares of the company’s stock valued at $27,000 after acquiring an additional 847 shares in the last quarter. Grove Bank & Trust raised its position in shares of Warner Bros. Discovery by 66.5% in the 3rd quarter. Grove Bank & Trust now owns 1,690 shares of the company’s stock worth $33,000 after purchasing an additional 675 shares during the last quarter. Crews Bank & Trust boosted its stake in Warner Bros. Discovery by 1,242.2% in the 3rd quarter. Crews Bank & Trust now owns 1,718 shares of the company’s stock worth $34,000 after purchasing an additional 1,590 shares in the last quarter. Finally, Meeder Asset Management Inc. grew its position in Warner Bros. Discovery by 183.9% during the 3rd quarter. Meeder Asset Management Inc. now owns 1,891 shares of the company’s stock valued at $37,000 after purchasing an additional 1,225 shares during the last quarter. Institutional investors own 59.95% of the company’s stock.

Warner Bros. Discovery Stock Up 0.4%

Shares of Warner Bros. Discovery stock opened at $28.11 on Friday. Warner Bros. Discovery, Inc. has a twelve month low of $7.52 and a twelve month high of $30.00. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.90. The company’s 50 day moving average is $28.33 and its 200 day moving average is $21.43. The company has a market cap of $69.66 billion, a price-to-earnings ratio of 147.96 and a beta of 1.64.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on WBD shares. Singular Research upgraded shares of Warner Bros. Discovery to a “moderate buy” rating in a research note on Wednesday, October 22nd. TD Cowen increased their price target on shares of Warner Bros. Discovery from $14.00 to $22.00 in a report on Friday, November 7th. Benchmark boosted their price objective on shares of Warner Bros. Discovery from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. UBS Group upped their price objective on Warner Bros. Discovery from $20.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Finally, Sanford C. Bernstein increased their target price on Warner Bros. Discovery from $16.00 to $23.50 in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $24.94.

Key Headlines Impacting Warner Bros. Discovery

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

• Positive Sentiment: Paramount materially improved its hostile $30 per‑share tender by adding a quarterly “ticking fee” that raises the price if the deal is delayed and committing to cover the $2.8B termination fee owed to Netflix — reducing the board’s regulatory/contract objections and making a $30 outcome more plausible. Read More.
• Positive Sentiment: Activist Ancora has built a multi‑hundred‑million dollar stake in WBD and publicly urged the company to oppose the Netflix deal and engage with Paramount, threatening a proxy fight — pressure that could force the board to reconsider and boost takeover prospects (and the stock’s takeover premium). Read More.
• Positive Sentiment: Paramount/Skydance and allies are exploring governance routes too — reports say Paramount is eyeing investor Matthew Halbower (Pentwater) as a potential director-candidate to contest the WBD board — a possible move to shift board dynamics in favor of Paramount’s offer. Read More.
• Neutral Sentiment: Options and sentiment indicators show mixed positioning — elevated volume and option activity reflect a market split between accepting the Netflix floor and speculating on a Paramount upside. This supports higher volatility but is not definitive on deal outcome. Read More.
• Neutral Sentiment: Analysts/valuation pieces note WBD’s recovery from single‑digit levels and emphasize the binary nature of current valuation (Netflix floor vs. Paramount upside) — fundamentals matter for longer‑term holders but near‑term moves are deal‑driven. Read More.
• Negative Sentiment: Regulatory and closing risk remain material — antitrust review could delay or block a deal, keeping an arbitrage spread and volatility. Also, proxy fights and board resistance could prolong uncertainty and trading dispersion between the $27.75 Netflix floor and possible $30+ outcomes. Read More.

Insider Buying and Selling at Warner Bros. Discovery

In other Warner Bros. Discovery news, CFO Gunnar Wiedenfels sold 242,994 shares of the 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 transaction, the chief financial officer owned 918,940 shares of the company’s stock, valued at approximately $27,108,730. This represents a 20.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lori C. Locke sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $27.62, for a total value of $138,100.00. Following the completion of the transaction, the chief accounting officer directly owned 110,084 shares in the company, valued at $3,040,520.08. The trade was a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 267,116 shares of company stock worth $7,781,731 over the last three months. Insiders own 1.90% of the company’s stock.

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.