Warner Bros. Discovery (NASDAQ:WBD) Insider Gerhard Zeiler Sells 600,000 Shares

Warner Bros. Discovery, Inc. (NASDAQ:WBD) insider Gerhard Zeiler sold 600,000 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $28.02, for a total value of $16,812,000.00. Following the sale, the insider directly owned 672,649 shares in the company, valued at $18,847,624.98. This represents a 47.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Warner Bros. Discovery Stock Performance

Shares of WBD stock traded down $0.20 on Friday, hitting $27.80. The company had a trading volume of 4,069,491 shares, compared to its average volume of 25,215,475. 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 1.06 and a debt-to-equity ratio of 0.87. The firm has a market cap of $68.89 billion, a P/E ratio of 95.87 and a beta of 1.60. The company has a 50-day moving average price of $28.29 and a 200-day moving average price of $23.11.

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

Wall Street Analysts Forecast Growth

WBD has been the topic of several analyst reports. Rothschild & Co Redburn set a $31.00 price target on shares of Warner Bros. Discovery and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Wells Fargo & Company raised their target price on Warner Bros. Discovery from $21.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, November 7th. Moffett Nathanson lowered Warner Bros. Discovery from a “buy” rating to a “neutral” rating and set a $31.00 price target for the company. in a research note on Friday. Barrington Research downgraded Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Benchmark reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a research note on Friday, February 27th. Five research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Warner Bros. Discovery currently has a consensus rating of “Hold” and an average target price of $25.34.

Trending Headlines about Warner Bros. Discovery

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

• Positive Sentiment: Paramount’s purchase of Warner Bros. Discovery — coverage focuses on what the sale means for assets such as CNN and Turner (possible strategic simplification, value realization, and a takeover premium that supports WBD’s share price). Article Title
• Positive Sentiment: Buy-side leadership signals: David Ellison (Paramount/Skydance) vows CNN will operate independently post-deal — reduces some regulatory/brand-integration risk and reassures that news assets may be preserved rather than dismantled. Article Title
• Positive Sentiment: M&A analysis and investor materials emphasize strategic reshaping and bidder dynamics — analysts and advisors are framing the transaction as a value-reset event for WBD shareholders. Article Title
• Neutral Sentiment: Industry/creative impact: IMAX’s CEO highlights WBD films among Oscar nominees — positive for franchise/IP credibility but limited direct near-term share impact. Article Title
• Neutral Sentiment: After the collapsed Netflix bid earlier in the process, Business Insider outlines how Netflix benefited financially from walking away — relevant for competitive landscape but not directly altering WBD takeover dynamics. Article Title
• Neutral Sentiment: Third-party activity (reports of investors buying Netflix debt amid the WBD fight) signals opportunistic moves around the media contest but is peripheral to WBD’s core valuation drivers. Article Title
• Negative Sentiment: Large insider selling by multiple executives including CEO David Zaslav (4,004,149 shares), the CFO and other insiders — sizable disposals can signal liquidity taking, tax/planned sales or concern about upside post-deal and are weighing on sentiment. SEC filings detail the transactions. Article Title
• Negative Sentiment: Argus issues a pessimistic forecast for WBD stock — an explicit analyst downgrade/bearish note may cap upside and encourage short-term profit-taking. Article Title

Institutional Trading of Warner Bros. Discovery

Institutional investors have recently made changes to their positions in the company. TriaGen Wealth Management LLC acquired a new position in Warner Bros. Discovery during the third quarter worth $443,000. Penserra Capital Management LLC raised its holdings 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 valued at $710,000 after buying an additional 61,857 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Warner Bros. Discovery by 7.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 19,463,234 shares of the company’s stock worth $223,049,000 after acquiring an additional 1,333,005 shares in the last quarter. Swedbank AB boosted its holdings in 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 acquiring an additional 37,986 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Warner Bros. Discovery by 1.0% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,572,301 shares of the company’s stock valued at $18,019,000 after acquiring an additional 16,006 shares during the period. Hedge funds and other institutional investors own 59.95% of the company’s stock.

About Warner Bros. Discovery

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.