Caisse Des Depots ET Consignations Invests $1.04 Million in Warner Bros. Discovery, Inc. $WBD

Caisse Des Depots ET Consignations acquired a new stake in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,417 shares of the company’s stock, valued at approximately $1,043,000.

Other large investors have also made changes to their positions in the company. Concord Wealth Partners boosted its holdings in shares of Warner Bros. Discovery by 49.9% in the third quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock worth $26,000 after buying an additional 440 shares during the last quarter. Physician Wealth Advisors Inc. grew its position in shares of Warner Bros. Discovery by 152.1% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 1,404 shares of the company’s stock valued at $27,000 after acquiring an additional 847 shares during the period. Financial Gravity Companies Inc. purchased a new stake in shares of Warner Bros. Discovery in the 2nd quarter worth $29,000. Grove Bank & Trust raised its holdings in Warner Bros. Discovery by 66.5% in the 3rd quarter. Grove Bank & Trust now owns 1,690 shares of the company’s stock worth $33,000 after purchasing an additional 675 shares during the period. Finally, Crews Bank & Trust raised its holdings in Warner Bros. Discovery by 1,242.2% in the 3rd quarter. Crews Bank & Trust now owns 1,718 shares of the company’s stock worth $34,000 after purchasing an additional 1,590 shares during the period. 59.95% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Argus raised their price objective on Warner Bros. Discovery from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. UBS Group raised their target price on shares of Warner Bros. Discovery from $20.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $29.50 price target on shares of Warner Bros. Discovery in a report on Monday, December 8th. Raymond James Financial increased their price objective on shares of Warner Bros. Discovery from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, Arete Research lifted their target price on shares of Warner Bros. Discovery from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Warner Bros. Discovery presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.94.

Insiders Place Their Bets

In related news, CAO Lori C. Locke sold 5,000 shares of the company’s stock in a transaction on Monday, December 8th. The shares were 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 $3,040,520.08. This represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction, the chief financial officer directly owned 918,940 shares of the company’s stock, valued at $27,108,730. The trade was a 20.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 267,116 shares of company stock valued at $7,781,731. 1.90% of the stock is currently owned by insiders.

Warner Bros. Discovery Price Performance

Shares of Warner Bros. Discovery stock opened at $27.99 on Thursday. The firm has a market cap of $69.35 billion, a PE ratio of 147.30 and a beta of 1.64. The stock has a 50 day moving average of $28.26 and a 200 day moving average of $21.38. 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.

Key Stories Impacting Warner Bros. Discovery

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

• Positive Sentiment: Paramount added a 25¢/share quarterly “ticking fee” for delays past Dec. 31, 2026, and pledged to cover the $2.8B Netflix termination fee — changes that materially reduce regulatory/timing risk for shareholders and make the $30 offer more attractive versus Netflix’s $27.75 deal. Strategic Masterstroke: Paramount Adds a Ticking Fee to Warner Bros. Bid
• Positive Sentiment: Activist Ancora has built roughly a $200M stake in WBD and publicly threatened a proxy fight, urging the board to engage with Paramount and arguing Paramount’s amended offer could be a “Superior Proposal” — pressure that raises the chance the board reopens talks or shareholders support the higher cash bid. Activist investor Ancora builds stake in Warner Bros, plans to oppose Netflix deal
• Neutral Sentiment: Market pricing reflects an “arbitrage spread” — WBD trades above the signed Netflix floor ($27.75) but below Paramount’s $30, implying the market assigns a real (but narrowing) chance Paramount succeeds; short interest has also declined recently, reducing downside pressure. Strategic Masterstroke: Paramount Adds a Ticking Fee to Warner Bros. Bid
• Negative Sentiment: Significant regulatory and governance risks remain: WBD’s board previously recommended Netflix’s agreement, antitrust reviews could still block or delay a deal, and a proxy fight would add cost and uncertainty — any of which could produce volatility or a lower eventual outcome. Where the Battle for Warner Bros. Stands Now

Warner Bros. Discovery Company 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.