Warner Bros. Discovery, Inc. $WBD Shares Bought by Osaic Holdings Inc.

Osaic Holdings Inc. increased its holdings in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 90.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 640,286 shares of the company’s stock after purchasing an additional 304,575 shares during the quarter. Osaic Holdings Inc.’s holdings in Warner Bros. Discovery were worth $7,335,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted 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 acquiring an additional 51,920 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Warner Bros. Discovery by 19.8% in the 1st quarter. American Century Companies Inc. now owns 2,153,859 shares of the company’s stock valued at $23,111,000 after purchasing an additional 356,523 shares during the period. Raymond James Financial Inc. boosted its position in shares of Warner Bros. Discovery by 5.1% in the 1st quarter. Raymond James Financial Inc. now owns 2,041,662 shares of the company’s stock valued at $21,907,000 after purchasing an additional 98,296 shares during the period. Wellington Management Group LLP raised its holdings in Warner Bros. Discovery by 55.9% during the 1st quarter. Wellington Management Group LLP now owns 86,071 shares of the company’s stock worth $924,000 after buying an additional 30,854 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in Warner Bros. Discovery during the first quarter valued at about $448,000. 59.95% of the stock is currently owned by institutional investors.

Insider Activity at Warner Bros. Discovery

In other Warner Bros. Discovery news, CAO Lori C. Locke sold 5,000 shares of Warner Bros. Discovery stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $27.62, for a total value of $138,100.00. Following the completion of the sale, the chief accounting officer directly owned 110,084 shares in the company, valued at $3,040,520.08. The trade was a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Gunnar Wiedenfels sold 242,994 shares of the business’s stock in a transaction that occurred 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 directly owned 918,940 shares of the company’s stock, valued at $27,108,730. This represents a 20.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 489,326 shares of company stock worth $12,781,456. Insiders own 1.80% of the company’s stock.

Warner Bros. Discovery News Roundup

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

• Positive Sentiment: WBD’s board formally rejected Paramount Skydance’s hostile approach and urged shareholders to reject that offer in favor of the Netflix proposal, reinforcing management’s preferred path and lowering the chance of an unsolicited break-up at current terms. Read More.
• Positive Sentiment: Analysis shows a Netflix–Warner Bros. combination would be a strategic powerhouse (projected to eclipse Disney’s TV demand share), which supports the argument that the Netflix bid could create significant long‑term value for WBD shareholders. Read More.
• Positive Sentiment: Reports that activist/hedge fund Standard General has been approached about buying or investing in WBD’s cable networks (including CNN) raise the prospect of asset sales or minority investments that could unlock value outside a full sale. That potential monetization pathway is viewed favorably by investors. Read More.
• Neutral Sentiment: Harris Associates, a top-five WBD shareholder, said it would be “very open” to a revised Paramount offer if it is superior and fixes deal-term issues — this keeps the door open for a higher competing bid but also prolongs deal uncertainty. Read More.
• Neutral Sentiment: Market write-ups this week highlight the sudden entry of Paramount into the bidding contest and the sector‑wide reaction; broader market sentiment and rotation also influence WBD’s trading alongside deal news. Read More.
• Negative Sentiment: Paramount’s reported all‑cash $108 billion/$30‑per‑share approach escalates the takeover fight and could force protracted negotiations or a bidding war, increasing execution risk and near‑term volatility for the stock. Read More.
• Negative Sentiment: WBD has pressed for stronger assurances from the Ellison family trust (a personal guarantee) around Paramount’s financing, signaling the board’s doubts about deal certainty — that pushback could complicate or delay any deal and sustain share‑price swings. Read More.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on WBD. Cowen downgraded shares of Warner Bros. Discovery from a “buy” rating to a “hold” rating in a research report on Tuesday, September 16th. Bank of America lifted their price objective on shares of Warner Bros. Discovery from $16.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, September 30th. Barclays set a $20.00 target price on Warner Bros. Discovery in a report on Wednesday, October 8th. Barrington Research cut Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Redburn Partners set a $28.00 price target on Warner Bros. Discovery in a research report on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Warner Bros. Discovery currently has an average rating of “Moderate Buy” and an average price target of $23.22.

Warner Bros. Discovery Price Performance

Shares of NASDAQ:WBD opened at $27.77 on Monday. The firm has a market cap of $68.81 billion, a price-to-earnings ratio of 146.17 and a beta of 1.60. Warner Bros. Discovery, Inc. has a 1 year low of $7.52 and a 1 year high of $30.00. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.90. The business has a fifty day simple moving average of $23.39 and a 200 day simple moving average of $16.91.

Warner Bros. Discovery (NASDAQ:WBD) last issued its earnings results on Thursday, November 6th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The firm had revenue of $9.05 billion during the quarter, compared to analyst estimates of $9.17 billion. Warner Bros. Discovery had a return on equity of 1.34% and a net margin of 1.28%.The business’s revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.05 earnings per share. As a group, sell-side analysts predict that Warner Bros. Discovery, Inc. will post -4.33 earnings per share for the current fiscal year.

Warner Bros. Discovery 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.