Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Warner Bros. Discovery stock on January 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

Warner Bros. Discovery Stock Up 0.8%

WBD stock opened at $28.75 on Friday. The stock has a market cap of $71.24 billion, a P/E ratio of 151.32 and a beta of 1.64. 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 stock’s fifty day simple moving average is $28.33 and its two-hundred day simple moving average is $22.13. Warner Bros. Discovery, Inc. has a 1-year low of $7.52 and a 1-year high of $30.00.

Hedge Funds Weigh In On Warner Bros. Discovery

Large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Warner Bros. Discovery by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 283,180,433 shares of the company’s stock valued at $8,161,260,000 after acquiring an additional 1,966,278 shares during the period. Geode Capital Management LLC grew its position in shares of Warner Bros. Discovery by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 66,597,575 shares of the company’s stock valued at $1,912,634,000 after purchasing an additional 1,028,346 shares in the last quarter. Invesco Ltd. raised its stake in shares of Warner Bros. Discovery by 2.8% during the 2nd quarter. Invesco Ltd. now owns 44,574,492 shares of the company’s stock valued at $510,824,000 after purchasing an additional 1,233,195 shares during the period. Norges Bank purchased a new stake in Warner Bros. Discovery during the 4th quarter worth about $1,123,807,000. Finally, Jericho Capital Asset Management L.P. boosted its stake in Warner Bros. Discovery by 108.9% in the 3rd quarter. Jericho Capital Asset Management L.P. now owns 35,095,390 shares of the company’s stock worth $685,413,000 after purchasing an additional 18,291,865 shares during the period. Hedge funds and other institutional investors own 59.95% of the company’s stock.

Insider Transactions at Warner Bros. Discovery

In related news, CFO Gunnar Wiedenfels sold 242,994 shares of Warner Bros. Discovery stock in a transaction 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 owned 918,940 shares of the company’s stock, valued at approximately $27,108,730. This trade represents a 20.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lori C. Locke sold 5,000 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $27.62, for a total value of $138,100.00. Following the transaction, the chief accounting officer owned 110,084 shares of the company’s stock, valued at approximately $3,040,520.08. The trade was a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 267,116 shares of company stock valued at $7,781,731 in the last ninety days. Insiders own 1.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. TD Cowen boosted their price target on shares of Warner Bros. Discovery from $14.00 to $22.00 in a report on Friday, November 7th. Barrington Research lowered shares of Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a research report on Friday, December 5th. Benchmark increased their target price on shares of Warner Bros. Discovery from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. Sanford C. Bernstein raised their price target on shares of Warner Bros. Discovery from $16.00 to $23.50 in a research note on Friday, November 7th. Finally, Weiss Ratings cut shares of Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $25.09.

Key Headlines Impacting Warner Bros. Discovery

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

• Positive Sentiment: Competing bidders appear willing to overpay for WBD, which lifts the chance of a takeover premium for shareholders and is supporting the stock. Want to Win the Warner Bros. Discovery Takeover Battle? ‘Walk Away Now.’
• Positive Sentiment: Paramount says the U.S. antitrust waiting period on its all-cash bid has expired — a procedural milestone that moves the deal process forward and increases the plausibility of a transaction. Paramount says US antitrust waiting period on Warner Bros bid has expired
• Positive Sentiment: Reports that Netflix can boost its offer if needed suggest more upside is possible for shareholders if the bidding escalates. Netflix has ample room to increase its offer
• Neutral Sentiment: Netflix is publicly arguing it has a cleaner regulatory path and has deployed senior legal/antitrust personnel to make that case — can reduce concern but not decisive. Netflix doesn’t need the Warner Bros. deal, but its rivals might
• Neutral Sentiment: WBD rejected Paramount’s latest bid but gave Paramout/Skydance a week to submit a “best and final” offer — keeps the auction open and creates short-term uncertainty about the final price. Warner Bros Rejects Paramount’s Latest Bid But Gives David Ellison’s Firm A Week To Submit ‘Best And Final’ Offer
• Neutral Sentiment: WBD will report Q4 and full-year 2025 results on Feb. 26 — an upcoming catalyst that could swing sentiment separate from takeover headlines. Warner Bros. Discovery to Report Fourth Quarter and Full Year 2025 Results
• Negative Sentiment: The U.S. DOJ is probing how a sale could affect movie theaters and has engaged major chains — this regulatory scrutiny could complicate or delay a deal. US DOJ probes Warner Bros’ planned sale impact on theaters
• Negative Sentiment: High-profile opposition (e.g., James Cameron letter) and ongoing antitrust scrutiny create political and reputational headwinds that could slow approvals or increase conditions. James Cameron sends scathing letter over Netflix-WBD deal
• Negative Sentiment: An outside firm cut WBD to Hold, which could temper investor enthusiasm if more downgrades follow. Warner Bros. Discovery Cut to Hold at Rothschild & Co Redburn

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.