Caprock Group LLC Purchases New Position in Warner Bros. Discovery, Inc. $WBD

Caprock Group LLC acquired a new position in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 44,509 shares of the company’s stock, valued at approximately $869,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Concord Wealth Partners lifted its holdings in Warner Bros. Discovery by 49.9% during the 3rd quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock worth $26,000 after purchasing an additional 440 shares during the last quarter. Physician Wealth Advisors Inc. lifted its holdings in shares of Warner Bros. Discovery by 152.1% during the third quarter. Physician Wealth Advisors Inc. now owns 1,404 shares of the company’s stock worth $27,000 after buying an additional 847 shares in the last quarter. Grove Bank & Trust boosted its position 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 valued at $33,000 after acquiring an additional 675 shares during the period. Crews Bank & Trust boosted its position in shares of Warner Bros. Discovery by 1,242.2% in the third quarter. Crews Bank & Trust now owns 1,718 shares of the company’s stock valued at $34,000 after acquiring an additional 1,590 shares during the period. Finally, Meeder Asset Management Inc. grew its stake in shares of Warner Bros. Discovery by 183.9% in the third quarter. Meeder Asset Management Inc. now owns 1,891 shares of the company’s stock valued at $37,000 after acquiring an additional 1,225 shares in the last quarter. Institutional investors and hedge funds own 59.95% of the company’s stock.

Analyst Ratings Changes

WBD has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $29.50 price objective on shares of Warner Bros. Discovery in a report on Monday, December 8th. Moffett Nathanson boosted their price target on Warner Bros. Discovery from $26.00 to $31.00 and gave the company a “buy” rating in a research note on Friday, January 30th. The Goldman Sachs Group raised their price objective on Warner Bros. Discovery from $13.00 to $14.75 and gave the stock a “buy” rating in a research note on Friday, November 7th. Weiss Ratings cut Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, February 5th. Finally, Raymond James Financial increased their target price on Warner Bros. Discovery from $22.00 to $25.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Warner Bros. Discovery has a consensus rating of “Moderate Buy” and a consensus target price of $24.94.

Warner Bros. Discovery Stock Performance

NASDAQ:WBD opened at $27.99 on Monday. The stock’s 50-day simple moving average is $28.37 and its 200 day simple moving average is $21.64. The firm has a market capitalization of $69.36 billion, a PE ratio of 147.32 and a beta of 1.64. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.90. Warner Bros. Discovery, Inc. has a twelve month low of $7.52 and a twelve month high of $30.00.

More Warner Bros. Discovery News

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

• Positive Sentiment: The board is considering restarting sale discussions with Paramount Skydance after the suitor amended its offer; that increases the chance of a takeover premium or a negotiated sale that could boost WBD shares. Warner Bros. may reopen sale talks with Paramount following new deal terms, Bloomberg reports Reuters: Warner Bros weighs reopening sale talks with Paramount Yahoo: WBD Considers Restarting Talks
• Positive Sentiment: Analysts maintain a generally constructive stance—consensus rating recently cited as “Moderate Buy”—which could support the stock if takeover speculation fades into a clearer value proposition. Analyst consensus: Moderate Buy
• Neutral Sentiment: Media reports claim WBD holds a stake in AEW (pro wrestling), which is operationally minor but underscores content/IP breadth; unlikely to move the stock materially by itself. Confirmed: Warner Bros Discovery Owns Part Of AEW
• Negative Sentiment: Despite takeover reports, the stock is down today and trading volume is below average; valuation (high P/E) and leverage (debt-to-equity ~0.90) leave downside risk if a deal doesn’t materialize or if buyers reassess synergies. Market data: WBD trading summary

Insider Buying and Selling

In other news, CAO Lori C. Locke sold 4,122 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $28.92, for a total value 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gunnar Wiedenfels sold 242,994 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $29.50, for a total value of $7,168,323.00. Following the sale, the chief financial officer directly owned 918,940 shares in the company, valued at approximately $27,108,730. This trade represents a 20.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 267,116 shares of company stock worth $7,781,731. 1.80% of the stock is currently owned by corporate insiders.

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.