M&G PLC Reduces Stock Position in Warner Bros. Discovery, Inc. $WBD

M&G PLC cut its position in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 38.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 452,067 shares of the company’s stock after selling 287,269 shares during the quarter. M&G PLC’s holdings in Warner Bros. Discovery were worth $9,041,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Warner Bros. Discovery by 304.9% in the fourth 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 during the last quarter. NewEdge Advisors LLC increased its position in Warner Bros. Discovery by 50.5% during the first quarter. NewEdge Advisors LLC now owns 63,254 shares of the company’s stock worth $679,000 after purchasing an additional 21,228 shares during the last quarter. Empowered Funds LLC boosted 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 purchasing an additional 3,779 shares during the last quarter. Focus Partners Wealth increased its holdings 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 worth $1,254,000 after buying an additional 55,837 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Warner Bros. Discovery by 3.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 103,810 shares of the company’s stock worth $1,136,000 after buying an additional 3,781 shares during the period. Institutional investors and hedge funds own 59.95% of the company’s stock.

Warner Bros. Discovery Stock Down 0.4%

Shares of Warner Bros. Discovery stock opened at $27.99 on Tuesday. Warner Bros. Discovery, Inc. has a 1-year low of $7.52 and a 1-year high of $30.00. The company has a market capitalization of $69.36 billion, a PE ratio of 147.32 and a beta of 1.64. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.07 and a quick ratio of 1.07. The business has a 50-day moving average of $28.38 and a 200-day moving average of $21.75.

Analysts Set New Price Targets

WBD has been the topic of a number of research reports. Singular Research upgraded Warner Bros. Discovery to a “moderate buy” rating in a report on Wednesday, October 22nd. Raymond James Financial raised their target price on shares of Warner Bros. Discovery from $22.00 to $25.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. UBS Group upped their price target on shares of Warner Bros. Discovery from $20.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Rothschild & Co Redburn set a $28.00 price objective on Warner Bros. Discovery in a research note on Thursday, October 30th. Finally, Benchmark increased their target price on Warner Bros. Discovery from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Warner Bros. Discovery currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.94.

Insider Activity at Warner Bros. Discovery

In other news, CAO Lori C. Locke sold 4,122 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $28.92, for a total transaction of $119,208.24. Following the completion of the transaction, the chief accounting officer directly owned 100,962 shares in the company, valued at approximately $2,919,821.04. This represents a 3.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Gunnar Wiedenfels sold 242,994 shares of Warner Bros. Discovery stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $29.50, for a total transaction of $7,168,323.00. Following the completion of the sale, the chief financial officer owned 918,940 shares of the company’s stock, valued at approximately $27,108,730. This trade represents a 20.91% decrease in their position. 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 90 days. 1.80% of the stock is owned by company insiders.

Warner Bros. Discovery News Roundup

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

• Positive Sentiment: Paramount reportedly raised its offer to $30 per share, which could outbid Netflix’s $27.75 proposal and push WBD’s takeover value higher for shareholders. Paramount’s Sweetened $30 Offer Puts Netflix’s $27.75 Warner Bros. Deal At Risk
• Positive Sentiment: Multiple outlets report WBD’s board is weighing whether to reopen sale talks with Paramount after an amended bid — a reopening could trigger a bidding contest that benefits shareholders. Warner Bros. may reopen sale talks with Paramount following new deal terms
• Positive Sentiment: Analysts still rate WBD as a consensus “Moderate Buy,” which could temper downside if takeover options improve. Warner Bros. Discovery Given Consensus Rating of “Moderate Buy”
• Neutral Sentiment: Press outlets continue to report that WBD is “mulling” and may engage in renewed negotiations with Paramount; this keeps volatility likely but is not yet a definitive corporate action. Warner Bros Discovery weighs new sale talks after fresh Paramount offer
• Neutral Sentiment: Coverage confirming WBD’s minority stake in AEW surfaced — a small corporate detail unlikely to move the stock materially but relevant to content/asset mix. Confirmed: Warner Bros. Discovery Owns Part Of AEW
• Negative Sentiment: Reports note Netflix’s takeover path faces antitrust and regulatory scrutiny, which raises the risk that any deal could be delayed, altered, or blocked — increasing transaction uncertainty. Netflix’s Warner Bros. Deal Is Under Fire
• Negative Sentiment: Some reports say Paramount’s bid momentum has stalled or faces delays, which can keep downward pressure on the stock while the market waits for clarity. Warner Bros Discovery Stalls at $27.99 as $108 Billion Paramount Bid Faces Delay

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.