Czech National Bank Acquires 24,445 Shares of Warner Bros. Discovery, Inc. $WBD

Czech National Bank grew its holdings in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 653,404 shares of the company’s stock after purchasing an additional 24,445 shares during the period. Czech National Bank’s holdings in Warner Bros. Discovery were worth $18,831,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of WBD. Concord Wealth Partners increased its holdings in Warner Bros. Discovery by 49.9% in the 3rd quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock worth $26,000 after buying an additional 440 shares in the last quarter. Physician Wealth Advisors Inc. boosted its holdings 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 last quarter. Grove Bank & Trust boosted its holdings in shares of Warner Bros. Discovery by 66.5% during the 3rd 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 last quarter. JPL Wealth Management LLC bought a new stake in shares of Warner Bros. Discovery in the third quarter worth approximately $33,000. Finally, Crews Bank & Trust raised its holdings in shares of Warner Bros. Discovery by 1,242.2% during the third quarter. Crews Bank & Trust now owns 1,718 shares of the company’s stock valued at $34,000 after purchasing an additional 1,590 shares during the last quarter. Hedge funds and other institutional investors own 59.95% of the company’s stock.

Warner Bros. Discovery Stock Performance

Shares of WBD opened at $27.07 on Friday. The business has a 50-day simple moving average of $27.94 and a two-hundred day simple moving average of $24.74. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.87. Warner Bros. Discovery, Inc. has a 52 week low of $7.52 and a 52 week high of $30.00. The stock has a market cap of $67.13 billion, a price-to-earnings ratio of 93.35 and a beta of 1.60.

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

Insider Transactions at Warner Bros. Discovery

In other Warner Bros. Discovery news, CFO Gunnar Wiedenfels sold 374,323 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $28.05, for a total value of $10,499,760.15. Following the completion of the sale, the chief financial officer owned 663,380 shares in the company, valued at approximately $18,607,809. This represents a 36.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bruce Campbell sold 41,784 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $27.82, for a total value of $1,162,430.88. Following the completion of the sale, the insider owned 604,666 shares of the company’s stock, valued at $16,821,808.12. The trade was a 6.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 8,206,827 shares of company stock valued at $230,674,025. Company insiders own 1.90% of the company’s stock.

Warner Bros. Discovery News Roundup

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

• Positive Sentiment: WBD announced a Special Meeting for shareholders on April 23, 2026 to vote on the Paramount Skydance merger and has begun mailing the definitive proxy; the board unanimously recommends shareholders vote FOR — this reduces timing uncertainty and makes a clear path to closing more likely. Warner Bros. Discovery Sets Shareholder Meeting Date of April 23, 2026 to Approve Transaction with Paramount Skydance
• Positive Sentiment: Company PR emphasizes an all-cash transaction with a clear path to close and a unanimous board recommendation — favorable for shareholders who prioritize deal certainty and cash consideration. Warner Bros. Discovery Sets Shareholder Meeting Date of April 23, 2026 to Approve Transaction with Paramount Skydance
• Neutral Sentiment: Multiple outlets (WSJ/Reuters/Hollywood Reporter/MSN) reported the $110B deal and the scheduled shareholder vote — these confirm market expectations and provide media coverage but add no new concessions or terms. Warner Bros shareholders to vote on $110 billion Paramount deal on April 23, WSJ reports
• Negative Sentiment: Los Angeles County supervisors voted to conduct an economic analysis of the proposed merger (interim report due in 60 days, final in 120 days), signaling local-government scrutiny that could complicate public perception and invite more regulatory attention. Los Angeles County Board of Supervisors Greenlights Economic Analysis of Paramount-WBD Merger
• Negative Sentiment: Netflix reportedly walked away from earlier talks to acquire WBD, removing an alternative strategic bidder; that lessens the chance of a competing bid that might have pushed the takeover price higher. Netflix Ends Warner Deal Talks To Focus On Core Growth Choices

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on WBD. Morgan Stanley set a $29.00 price objective on shares of Warner Bros. Discovery in a research report on Thursday, December 18th. Benchmark reissued a “hold” rating on shares of Warner Bros. Discovery in a report on Friday, February 27th. Argus dropped their price target on Warner Bros. Discovery from $32.00 to $31.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Guggenheim lowered Warner Bros. Discovery from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $25.00 to $30.00 in a report on Wednesday, January 14th. Finally, TD Cowen upped their price objective on Warner Bros. Discovery from $22.00 to $26.00 and gave the company a “hold” rating in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $26.30.

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.