Discovery Inc (NASDAQ:DISCA) insider Adria Alpert-Romm sold 16,238 shares of the stock in a transaction that occurred on Friday, March 16th. The stock was sold at an average price of $22.61, for a total value of $367,141.18. Following the sale, the insider now owns 33,463 shares in the company, valued at $756,598.43. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Discovery stock opened at $22.16 on Thursday. The company has a debt-to-equity ratio of 3.20, a current ratio of 5.34 and a quick ratio of 5.34. The firm has a market capitalization of $8,398.13, a price-to-earnings ratio of -36.93, a PEG ratio of 0.97 and a beta of 1.52. Discovery Inc has a 12 month low of $15.99 and a 12 month high of $30.25.

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Discovery (NASDAQ:DISCA) last posted its quarterly earnings results on Tuesday, February 27th. The company reported $0.47 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.08. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.78 billion. Discovery had a positive return on equity of 21.68% and a negative net margin of 4.90%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.56 EPS. sell-side analysts forecast that Discovery Inc will post 2.59 earnings per share for the current year.

A number of research firms recently commented on DISCA. BidaskClub upgraded Discovery from a “hold” rating to a “buy” rating in a research report on Tuesday, January 23rd. Pivotal Research restated a “hold” rating and set a $26.00 price target on shares of Discovery in a research report on Tuesday, February 27th. Zacks Investment Research upgraded Discovery from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th. ValuEngine lowered Discovery from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Barrington Research restated a “buy” rating and set a $30.00 price target on shares of Discovery in a research report on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $24.89.

Hedge funds have recently bought and sold shares of the company. Icon Wealth Partners LLC acquired a new position in shares of Discovery in the 4th quarter valued at $106,000. Delpha Capital Management LLC acquired a new position in shares of Discovery in the 4th quarter valued at $149,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH acquired a new position in shares of Discovery in the 4th quarter valued at $167,000. Flossbach Von Storch AG acquired a new position in shares of Discovery in the 3rd quarter valued at $208,000. Finally, Laurel Wealth Advisors Inc. acquired a new position in shares of Discovery in the 4th quarter valued at $234,000. 48.76% of the stock is currently owned by institutional investors.

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Discovery Company Profile

Discovery, Inc, formerly Discovery Communications, Inc, is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements.

Insider Buying and Selling by Quarter for Discovery (NASDAQ:DISCA)

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