Credit Industriel ET Commercial Sells 40,000 Shares of Warner Bros. Discovery, Inc. $WBD

Credit Industriel ET Commercial lowered its holdings in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 36.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,000 shares of the company’s stock after selling 40,000 shares during the period. Credit Industriel ET Commercial’s holdings in Warner Bros. Discovery were worth $1,367,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of WBD. Concord Wealth Partners lifted its position in Warner Bros. Discovery by 49.9% during the third quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock valued at $26,000 after purchasing an additional 440 shares during the last quarter. Howard Capital Management Inc. increased its holdings in shares of Warner Bros. Discovery by 3.1% in the 3rd quarter. Howard Capital Management Inc. now owns 15,559 shares of the company’s stock worth $304,000 after buying an additional 474 shares during the last quarter. Prime Capital Investment Advisors LLC raised its position in shares of Warner Bros. Discovery by 3.1% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 16,860 shares of the company’s stock valued at $329,000 after buying an additional 512 shares in the last quarter. JB Capital LLC lifted its holdings 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 last quarter. Finally, Apollon Wealth Management LLC grew its position in Warner Bros. Discovery by 1.3% in the third quarter. Apollon Wealth Management LLC now owns 46,314 shares of the company’s stock worth $905,000 after acquiring an additional 581 shares in the last quarter. Hedge funds and other institutional investors own 59.95% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. TD Cowen raised their price target on Warner Bros. Discovery from $14.00 to $22.00 in a research report on Friday, November 7th. Morgan Stanley set a $29.00 price objective on Warner Bros. Discovery in a report on Thursday, December 18th. Barrington Research lowered Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a research note on Friday, December 5th. Wells Fargo & Company increased their price target on shares of Warner Bros. Discovery from $21.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, November 7th. Finally, Singular Research raised shares of Warner Bros. Discovery to a “moderate buy” rating in a research note on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Warner Bros. Discovery presently has a consensus rating of “Moderate Buy” and an average price target of $24.94.

Insider Buying and Selling at Warner Bros. Discovery

In other news, CFO Gunnar Wiedenfels sold 242,994 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $29.50, for a total transaction of $7,168,323.00. Following the completion of the transaction, the chief financial officer directly owned 918,940 shares of the company’s stock, valued at approximately $27,108,730. This represents a 20.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Lori C. Locke sold 5,000 shares of the stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $27.62, for a total transaction of $138,100.00. Following the sale, the chief accounting officer owned 110,084 shares of the company’s stock, valued at approximately $3,040,520.08. This represents a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 267,116 shares of company stock worth $7,781,731. 1.80% of the stock is owned by insiders.

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

Warner Bros. Discovery Price Performance

Shares of Warner Bros. Discovery stock opened at $27.99 on Monday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.07 and a quick ratio of 1.07. Warner Bros. Discovery, Inc. has a one year low of $7.52 and a one year high of $30.00. The business’s 50 day simple moving average is $28.37 and its two-hundred day simple moving average is $21.64. The stock has a market capitalization of $69.36 billion, a P/E ratio of 147.32 and a beta of 1.64.

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.