Warner Bros. Discovery, Inc. $WBD Position Reduced by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG trimmed its position in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 62.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 86,112 shares of the company’s stock after selling 141,322 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Warner Bros. Discovery were worth $1,682,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WBD. Parallel Advisors LLC increased its position in shares of Warner Bros. Discovery by 16.5% during the 3rd quarter. Parallel Advisors LLC now owns 14,955 shares of the company’s stock valued at $292,000 after purchasing an additional 2,113 shares during the period. Natixis Advisors LLC lifted its holdings in shares of Warner Bros. Discovery by 38.0% in the third quarter. Natixis Advisors LLC now owns 639,637 shares of the company’s stock valued at $12,492,000 after buying an additional 176,274 shares during the period. Korea Investment CORP boosted its stake in Warner Bros. Discovery by 162.8% during the third quarter. Korea Investment CORP now owns 1,281,797 shares of the company’s stock valued at $25,033,000 after buying an additional 794,088 shares in the last quarter. Ameriflex Group Inc. boosted its stake in Warner Bros. Discovery by 37.3% during the third quarter. Ameriflex Group Inc. now owns 2,530 shares of the company’s stock valued at $49,000 after buying an additional 687 shares in the last quarter. Finally, Neo Ivy Capital Management grew its holdings in Warner Bros. Discovery by 17.2% during the third quarter. Neo Ivy Capital Management now owns 153,254 shares of the company’s stock worth $2,993,000 after acquiring an additional 22,440 shares during the period. 59.95% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Warner Bros. Discovery news, insider Gerhard Zeiler sold 600,000 shares of Warner Bros. Discovery stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $28.02, for a total transaction of $16,812,000.00. Following the transaction, the insider directly owned 672,649 shares in the company, valued at approximately $18,847,624.98. The trade was a 47.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David Zaslav sold 4,004,149 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $28.26, for a total transaction of $113,157,250.74. Following the sale, the chief executive officer directly owned 7,200,627 shares in the company, valued at approximately $203,489,719.02. This trade represents a 35.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,571,827 shares of company stock worth $213,302,225 in the last quarter. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

WBD has been the topic of several research reports. Argus dropped their price target on shares of Warner Bros. Discovery from $32.00 to $31.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft cut shares of Warner Bros. Discovery from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $29.50 to $31.00 in a research note on Friday, February 27th. Moffett Nathanson upgraded shares of Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a report on Sunday. Weiss Ratings raised shares of Warner Bros. Discovery from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 23rd. Finally, Barrington Research cut shares of Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $26.30.

Warner Bros. Discovery Trading Up 0.0%

Shares of WBD opened at $27.76 on Wednesday. The business’s 50-day moving average price is $28.23 and its 200 day moving average price is $23.61. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $68.79 billion, a P/E ratio of 95.73 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.

Warner Bros. Discovery (NASDAQ:WBD) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.19). The firm had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $9.33 billion. Warner Bros. Discovery had a net margin of 1.95% and a return on equity of 1.98%. Warner Bros. Discovery’s quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.20) earnings per share. Analysts expect that Warner Bros. Discovery, Inc. will post -4.33 earnings per share for the current year.

Key Headlines Impacting Warner Bros. Discovery

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

• Positive Sentiment: Moffett Nathanson upgraded WBD from Hold to Strong-Buy, a bullish signal that can attract demand from growth-oriented funds and help support the stock. Moffett Nathanson upgrade
• Positive Sentiment: Wells Fargo started/renewed coverage with an Equal Weight and a $31 price target (~11.7% upside vs. current), which may give cautious investors a near-term valuation anchor. Wells Fargo coverage and $31 PT
• Positive Sentiment: Reports that Tencent may be back funding the Paramount Skydance bid for WBD increase the likelihood that the $110B takeover can be financed, which supports takeover-premium expectations for WBD shares. Tencent back on Paramount-Warner deal
• Neutral Sentiment: Market chatter continues around deal structure (including possible passive Tencent investment) — important for deal certainty but still evolving; keeps volatility around M&A headlines elevated. Market chatter on Tencent/passive investment
• Neutral Sentiment: Press coverage noting political figures’ bond purchases tied to the broader bidding war is headline-grabbing but has limited direct impact on WBD’s fundamentals. Reuters on bond purchases
• Negative Sentiment: Bank of America cut the price target on Paramount Skydance and flagged integration risks if Paramount acquires WBD — that raises uncertainty around deal execution and post-merger value for WBD shareholders. BofA flags integration concerns
• Negative Sentiment: Insider selling: Bruce Campbell disclosed a sale of ~41,784 shares (~6.5% reduction of his holding), which can be interpreted as a negative near-term signal by some investors. SEC Form 4: Bruce Campbell sale
• Negative Sentiment: Business Insider reports YouTube now generates more ad revenue than Disney, NBC, Paramount and WBD combined — a structural concern for WBD’s advertising revenue mix and pricing power. YouTube ad revenue dominance
• Negative Sentiment: Options flow shows moderately bearish positioning and increased demand for downside protection (put-call skew steepening), signaling short-term trader caution. Options traders bearish

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.