Warner Bros. Discovery (NASDAQ:WBD) CFO Gunnar Wiedenfels Sells 617,580 Shares

Warner Bros. Discovery, Inc. (NASDAQ:WBD) CFO Gunnar Wiedenfels sold 617,580 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $28.25, for a total transaction of $17,446,635.00. Following the completion of the sale, the chief financial officer directly owned 691,570 shares of the company’s stock, valued at $19,536,852.50. The trade was a 47.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Gunnar Wiedenfels also recently made the following trade(s):

• On Wednesday, March 4th, Gunnar Wiedenfels sold 374,323 shares of Warner Bros. Discovery stock. The stock was sold at an average price of $28.05, for a total transaction of $10,499,760.15.
• On Wednesday, December 10th, Gunnar Wiedenfels sold 242,994 shares of Warner Bros. Discovery stock. The stock was sold at an average price of $29.50, for a total value of $7,168,323.00.

Warner Bros. Discovery Stock Performance

Shares of WBD traded down $0.20 on Friday, reaching $27.80. 4,069,491 shares of the company’s stock traded hands, compared to its average volume of 25,215,475. The stock’s 50 day simple moving average is $28.29 and its two-hundred day simple moving average is $23.11. The stock has a market cap of $68.89 billion, a PE ratio of 95.87 and a beta of 1.60. Warner Bros. Discovery, Inc. has a 52-week low of $7.52 and a 52-week high of $30.00. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87.

Warner Bros. Discovery (NASDAQ:WBD) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.19). The business had revenue of $9.46 billion during 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 firm’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.20) EPS. On average, analysts forecast that Warner Bros. Discovery, Inc. will post -4.33 earnings per share for the current fiscal year.

Warner Bros. Discovery News Summary

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

Analyst Ratings Changes

Several analysts have commented on WBD shares. Arete Research reaffirmed a “neutral” rating and issued a $31.25 price objective on shares of Warner Bros. Discovery in a research report on Friday, February 27th. Argus decreased their price target on shares of Warner Bros. Discovery from $32.00 to $31.00 and set a “buy” rating for the company in a research note on Tuesday. TD Cowen lifted their price target on shares of Warner Bros. Discovery from $22.00 to $26.00 and gave the stock a “hold” rating in a report on Friday, February 27th. Barrington Research lowered Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft downgraded Warner Bros. Discovery from a “buy” rating to a “hold” rating and raised their target price for the stock from $29.50 to $31.00 in a research report on Friday, February 27th. Five research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Warner Bros. Discovery currently has a consensus rating of “Hold” and a consensus price target of $25.34.

Institutional Investors Weigh In On Warner Bros. Discovery

A number of hedge funds and other institutional investors have recently bought and sold shares of WBD. Brighton Jones LLC grew its position in shares of 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 Warner Bros. Discovery by 50.5% in the 1st quarter. NewEdge Advisors LLC now owns 63,254 shares of the company’s stock worth $679,000 after acquiring an additional 21,228 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Warner Bros. Discovery by 6.2% in the 1st quarter. Empowered Funds LLC now owns 65,082 shares of the company’s stock valued at $698,000 after acquiring an additional 3,779 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Warner Bros. Discovery by 91.6% during the 1st 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 during the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in shares of Warner Bros. Discovery during the second quarter worth about $247,000. Institutional investors own 59.95% of the company’s stock.

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.