Paul Gould Sells 600,000 Shares of Warner Bros. Discovery (NASDAQ:WBD) Stock

by · The Cerbat Gem

Warner Bros. Discovery, Inc. (NASDAQ:WBD – Get Free Report) Director Paul Gould sold 600,000 shares of Warner Bros. Discovery stock in a transaction on Monday, March 16th. The shares were sold at an average price of $27.35, for a total value of $16,410,000.00. Following the transaction, the director owned 244,357 shares in the company, valued at approximately $6,683,163.95. This trade represents a 71.06% 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 Price Performance

Shares of WBD traded up $0.37 during midday trading on Monday, reaching $27.51. The stock had a trading volume of 29,574,013 shares, compared to its average volume of 25,466,773. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $68.17 billion, a P/E ratio of 94.87 and a beta of 1.60. The firm’s 50 day moving average price is $28.15 and its 200-day moving average price is $23.94. Warner Bros. Discovery, Inc. has a 52 week low of $7.52 and a 52 week high of $30.00.

Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last announced its earnings results 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 firm had revenue of $9.46 billion for the quarter, compared to the consensus estimate of $9.33 billion. Warner Bros. Discovery had a net margin of 1.95% and a return on equity of 1.98%. The company’s quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.20) EPS. On average, analysts forecast that Warner Bros. Discovery, Inc. will post -4.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on WBD. Guggenheim cut shares of Warner Bros. Discovery from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $25.00 to $30.00 in a research note on Wednesday, January 14th. Barrington Research cut shares of Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a report on Friday, December 5th. Rothschild & Co Redburn set a $31.00 price target on shares of Warner Bros. Discovery and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Moffett Nathanson raised Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 8th. Finally, Wells Fargo & Company assumed coverage on Warner Bros. Discovery in a research report on Monday, March 9th. They set an “equal weight” rating and a $31.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.30.

Get Our Latest Research Report on WBD

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in WBD. World Investment Advisors raised its holdings in shares of Warner Bros. Discovery by 86.8% during the fourth quarter. World Investment Advisors now owns 39,346 shares of the company’s stock valued at $1,134,000 after acquiring an additional 18,284 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in Warner Bros. Discovery during the 4th quarter worth approximately $77,000. Corient Private Wealth LLC grew its position in Warner Bros. Discovery by 28.6% during the 4th quarter. Corient Private Wealth LLC now owns 323,826 shares of the company’s stock worth $9,333,000 after purchasing an additional 71,973 shares in the last quarter. Auto Owners Insurance Co raised its stake in Warner Bros. Discovery by 2,784.0% during the 4th quarter. Auto Owners Insurance Co now owns 678,519 shares of the company’s stock valued at $19,555,000 after purchasing an additional 654,992 shares during the period. Finally, Hsbc Holdings PLC raised its stake in Warner Bros. Discovery by 0.4% during the 4th quarter. Hsbc Holdings PLC now owns 4,241,122 shares of the company’s stock valued at $122,283,000 after purchasing an additional 18,804 shares during the period. 59.95% of the stock is currently owned by institutional investors and hedge funds.

More Warner Bros. Discovery News

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

  • Positive Sentiment: WBD’s films dominated the Oscars — “One Battle After Another” and “Sinners” collected multiple major awards, positioning Warner Bros. as the night’s biggest winner and reinforcing the studio’s content credentials. This can support subscriber retention, licensing value and bargaining power in M&A talks. Warner Bros. Was the Night’s Biggest Winner
  • Positive Sentiment: CEO David Zaslav sent a company‑wide message celebrating the “historic” night, which may lift internal morale and public perception — helpful for near‑term PR and employee stability ahead of the takeover. Warner Bros. CEO David Zaslav Celebrates ‘Historic’ Oscar Night
  • Neutral Sentiment: Coverage suggests the awards could make WBD’s content slate more attractive to buyers and partners, potentially strengthening the strategic rationale or price for the Paramount Skydance bid — but this is speculative until formal deal changes or filings appear. Warner Bros. Cleans Up at the Oscars. Why It Bodes Well for the Paramount Takeover.
  • Neutral Sentiment: Industry analysis frames the night as a triumph for original filmmaking and a positive signal for WBD’s creative pipeline — good for long‑term brand value but not an immediate guarantee of revenue upside. Oscars: In Changing Times This Was A Night Of Triumph
  • Negative Sentiment: Major caveat — the mood is “bittersweet” because WBD is in a pending $110 billion sale to Paramount Skydance; takeover complexity, regulatory scrutiny and integration risk remain the primary stock drivers and could outweigh short‑term awards momentum. Investors should watch deal announcements and regulatory developments closely. Warner Bros’ Oscar triumph a bittersweet moment as Paramount deal looms

Warner Bros. Discovery Company Profile

(Get Free Report)

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.

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