Warner Bros. Discovery (NASDAQ:WBD) Insider Amy Girdwood Sells 75,030 Shares

Warner Bros. Discovery, Inc. (NASDAQ:WBD) insider Amy Girdwood sold 75,030 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $28.25, for a total transaction of $2,119,597.50. Following the transaction, the insider directly owned 1,027,283 shares of the company’s stock, valued at approximately $29,020,744.75. This represents a 6.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Warner Bros. Discovery Trading Up 0.2%

Shares of WBD traded up $0.05 during mid-day trading on Thursday, hitting $28.00. The company had a trading volume of 25,035,719 shares, compared to its average volume of 25,729,393. Warner Bros. Discovery, Inc. has a 1-year low of $7.52 and a 1-year high of $30.00. The business’s 50-day simple moving average is $28.32 and its 200-day simple moving average is $23.08. The stock has a market cap of $69.38 billion, a PE ratio of 96.56 and a beta of 1.60. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.87.

Warner Bros. Discovery (NASDAQ:WBD) last posted its quarterly earnings results on Thursday, February 26th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.19). The company had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $9.33 billion. Warner Bros. Discovery had a return on equity of 1.98% and a net margin of 1.95%.The business’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.20) EPS. Sell-side analysts forecast that Warner Bros. Discovery, Inc. will post -4.33 earnings per share for the current year.

More Warner Bros. Discovery News

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

• Positive Sentiment: Definitive Paramount Skydance acquisition agreement provides deal certainty and a strategic path to combine streaming and content assets—primary driver supporting the stock’s uptick. Paramount Skydance Deal Reshapes Warner Bros Discovery Outlook After Netflix Exit
• Positive Sentiment: David Ellison (Paramount) says CNN will operate independently, an explicit reassurance aimed at reducing political/regulatory pushback that could otherwise derail the deal. David Ellison Vows CNN Will Operate Independently as Paramount Buys Warner Bros.: ‘We Want to Be in the Truth Business’
• Positive Sentiment: Commentary and M&A write-ups frame the deal as a decisive outcome after months of uncertainty, which can support multiple bids for WBD assets and improve valuation clarity. Paramount Skydance Stole The Show With Its Warner Bros. Discovery Purchase
• Neutral Sentiment: Netflix formally walked away from the bidding process — this removes a high-profile bidder but also ends a prolonged auction; outcome is mixed for WBD valuation dynamics. The Art of the Walk-Away: Netflix Wins by Losing the WBD Deal (WBD)
• Neutral Sentiment: Political and deal-theatre noise continues (e.g., high-profile purchases of Netflix debt), creating headline volatility but unclear direct impact on WBD fundamentals. Trump Bought Netflix Debt Amid Paramount’s Fight for Warner Bros.
• Negative Sentiment: CEO David Zaslav and other executives sold large blocks of WBD stock after the deal announcement; insider selling can worry investors about post-deal confidence or lockup/vesting-related dilution. David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock After WBD Clinches Paramount Skydance Deal
• Negative Sentiment: Analyst skepticism: Argus issued a pessimistic forecast for WBD’s stock price, which could cap enthusiasm and influence short-term selling or reduced buy-side conviction. Argus Issues Pessimistic Forecast for Warner Bros. Discovery (NASDAQ:WBD) Stock Price
• Negative Sentiment: Reports highlight likely regulatory review, potential job cuts and integration costs—risks that could pressure near-term margins and slow deal-related synergies. Paramount Skydance Deal Reshapes Warner Bros Discovery Outlook After Netflix Exit

Hedge Funds Weigh In On Warner Bros. Discovery

Institutional investors have recently added to or reduced their stakes in the company. TriaGen Wealth Management LLC acquired a new position in Warner Bros. Discovery in the third quarter worth $443,000. Penserra Capital Management LLC lifted its position in shares of Warner Bros. Discovery by 29,882.6% in the 2nd quarter. Penserra Capital Management LLC now owns 62,064 shares of the company’s stock worth $710,000 after buying an additional 61,857 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Warner Bros. Discovery by 7.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 19,463,234 shares of the company’s stock valued at $223,049,000 after buying an additional 1,333,005 shares during the period. Swedbank AB grew its position in shares of Warner Bros. Discovery by 3.7% during the 3rd quarter. Swedbank AB now owns 1,065,445 shares of the company’s stock valued at $20,808,000 after buying an additional 37,986 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Warner Bros. Discovery by 1.0% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,572,301 shares of the company’s stock worth $18,019,000 after acquiring an additional 16,006 shares during the period. Institutional investors and hedge funds own 59.95% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Argus dropped their price target on Warner Bros. Discovery from $32.00 to $31.00 and set a “buy” rating for the company in a research note on Tuesday. The Goldman Sachs Group increased their target price on shares of Warner Bros. Discovery from $13.00 to $14.75 and gave the stock a “buy” rating in a research report on Friday, November 7th. Moffett Nathanson boosted their price objective on shares of Warner Bros. Discovery from $26.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Morgan Stanley set a $29.00 target price on shares of Warner Bros. Discovery in a research note on Thursday, December 18th. Finally, UBS Group lifted their target price 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. Six research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $25.34.

Warner Bros. Discovery Company 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.