Nisa Investment Advisors LLC Boosts Stock Holdings in Warner Bros. Discovery, Inc. $WBD

Nisa Investment Advisors LLC boosted its position in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 57.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 301,391 shares of the company’s stock after buying an additional 109,872 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Warner Bros. Discovery were worth $5,886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in WBD. JB Capital LLC grew its stake in shares of Warner Bros. Discovery by 4.2% during the 3rd quarter. JB Capital LLC now owns 13,511 shares of the company’s stock worth $264,000 after acquiring an additional 547 shares during the period. Apollon Wealth Management LLC lifted its holdings in Warner Bros. Discovery by 1.3% during the third quarter. Apollon Wealth Management LLC now owns 46,314 shares of the company’s stock valued at $905,000 after purchasing an additional 581 shares during the last quarter. Miracle Mile Advisors LLC boosted its position in Warner Bros. Discovery by 2.9% during the third quarter. Miracle Mile Advisors LLC now owns 22,654 shares of the company’s stock worth $442,000 after purchasing an additional 632 shares during the period. Grove Bank & Trust increased its stake in shares of Warner Bros. Discovery by 66.5% in the third quarter. Grove Bank & Trust now owns 1,690 shares of the company’s stock worth $33,000 after purchasing an additional 675 shares in the last quarter. Finally, Cigna Investments Inc. New raised its position in shares of Warner Bros. Discovery by 3.4% in the third quarter. Cigna Investments Inc. New now owns 22,961 shares of the company’s stock valued at $449,000 after purchasing an additional 765 shares during the period. Hedge funds and other institutional investors own 59.95% of the company’s stock.

Insider Activity at Warner Bros. Discovery

In other news, CFO Gunnar Wiedenfels sold 242,994 shares of the firm’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 value of $7,168,323.00. Following the completion of the transaction, the chief financial officer owned 918,940 shares in the company, valued at $27,108,730. This trade represents a 20.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 sale, the chief accounting officer owned 110,084 shares in the company, valued at $3,040,520.08. This represents a 4.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 489,326 shares of company stock valued at $12,781,456 in the last three months. Corporate insiders own 1.80% of the company’s stock.

Warner Bros. Discovery Trading Up 2.0%

NASDAQ:WBD opened at $28.89 on Monday. The company has a 50-day moving average price of $26.03 and a 200-day moving average price of $18.86. The stock has a market cap of $71.59 billion, a price-to-earnings ratio of 152.06 and a beta of 1.56. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.90. Warner Bros. Discovery, Inc. has a 12 month low of $7.52 and a 12 month high of $30.00.

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

More Warner Bros. Discovery News

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

• Positive Sentiment: Market analysts note WBD could benefit if Paramount raises its bid or more suitors emerge, creating a potential bidding war that would lift the stock above current levels. Warner Bros. Rejects Paramount’s Offer—How It Affects WBD, NFLX, PSKY
• Positive Sentiment: Paramount Skydance has publicly reaffirmed its $30 per share all‑cash offer, keeping pressure on WBD’s board and preserving the possibility of a higher cash bid that would be immediately valuable to shareholders. PARAMOUNT REAFFIRMS COMMITMENT TO DELIVERING SUPERIOR $30 PER SHARE ALL-CASH OFFER TO WARNER BROS. DISCOVERY SHAREHOLDERS
• Neutral Sentiment: Some large WBD investors are split on Paramount’s offer, meaning shareholder votes could become decisive — this keeps the outcome uncertain but preserves upside if holders defect from the board’s recommendation. Some of Warner Bros’ biggest investors are split on Paramount offer
• Neutral Sentiment: Retail and momentum interest in WBD is elevated (ranked as a trending stock by some services), which can amplify intraday moves during takeover news. Is Trending Stock Warner Bros. Discovery, Inc. (WBD) a Buy Now?
• Negative Sentiment: Paramount has taken an antitrust argument to lawmakers, calling the Netflix‑WBD combination “presumptively unlawful,” which increases regulatory risk and could slow or block the Netflix deal — a headwind for near‑term certainty. Paramount Tells Lawmakers That Netflix-WBD Merger Is “Presumptively Unlawful”
• Negative Sentiment: Paramount is publicly attacking WBD’s planned asset spin‑offs and valuation assumptions (e.g., arguing the cable network spin‑off adds little value), escalating legal and narrative battles that add execution risk for any deal. Why Paramount is now saying the TV networks it wants to buy from WBD are worth $0.00 per share

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on WBD. Seaport Global Securities lifted their price objective on shares of Warner Bros. Discovery from $15.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Moffett Nathanson lifted their target price on shares of Warner Bros. Discovery from $23.00 to $26.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Barclays set a $20.00 price target on shares of Warner Bros. Discovery in a research report on Wednesday, October 8th. Benchmark lifted their price objective on Warner Bros. Discovery from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $29.50 price objective on shares of Warner Bros. Discovery in a research report on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $23.22.

About Warner Bros. Discovery

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.