Warner Bros. Discovery (NASDAQ:WBD) CFO Gunnar Wiedenfels Sells 374,323 Shares

Warner Bros. Discovery, Inc. (NASDAQ:WBD) CFO Gunnar Wiedenfels sold 374,323 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $28.05, for a total value of $10,499,760.15. Following the transaction, the chief financial officer directly owned 663,380 shares of the company’s stock, valued at approximately $18,607,809. The trade was a 36.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Gunnar Wiedenfels also recently made the following trade(s):

• On Tuesday, March 3rd, Gunnar Wiedenfels sold 617,580 shares of Warner Bros. Discovery stock. The stock was sold at an average price of $28.25, for a total value of $17,446,635.00.
• On Wednesday, December 10th, Gunnar Wiedenfels sold 242,994 shares of Warner Bros. Discovery stock. The stock was sold at an average price of $29.50, for a total value of $7,168,323.00.

Warner Bros. Discovery Price Performance

Shares of NASDAQ WBD traded down $0.20 during midday trading on Friday, reaching $27.80. 4,069,491 shares of the stock traded hands, compared to its average volume of 25,215,475. The company’s 50 day moving average is $28.29 and its 200 day moving average is $23.11. Warner Bros. Discovery, Inc. has a one year low of $7.52 and a one year high of $30.00. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.06 and a quick ratio of 1.07. The stock has a market capitalization of $68.89 billion, a PE ratio of 95.87 and a beta of 1.60.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WBD. 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 report on Friday, November 7th. Deutsche Bank Aktiengesellschaft downgraded Warner Bros. Discovery from a “buy” rating to a “hold” rating and upped their price objective for the company from $29.50 to $31.00 in a research report on Friday, February 27th. Argus dropped their target price on Warner Bros. Discovery from $32.00 to $31.00 and set a “buy” rating for the company in a report on Tuesday. Raymond James Financial reissued an “underperform” rating on shares of Warner Bros. Discovery in a research report on Friday, February 27th. Finally, Guggenheim downgraded Warner Bros. Discovery from a “buy” rating to a “neutral” rating and raised their price target for the stock from $25.00 to $30.00 in a research report on Wednesday, January 14th. Five analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $25.34.

Institutional Investors Weigh In On Warner Bros. Discovery

Several hedge funds and other institutional investors have recently modified their holdings of the business. Concord Wealth Partners boosted its holdings in Warner Bros. Discovery by 49.9% during the 3rd quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock valued at $26,000 after acquiring an additional 440 shares during the period. Swiss RE Ltd. purchased a new stake in Warner Bros. Discovery in the fourth quarter worth $26,000. Physician Wealth Advisors Inc. lifted its position in shares of Warner Bros. Discovery by 152.1% during the third quarter. Physician Wealth Advisors Inc. now owns 1,404 shares of the company’s stock worth $27,000 after purchasing an additional 847 shares during the last quarter. Financial Gravity Companies Inc. purchased a new stake in shares of Warner Bros. Discovery during the second quarter valued at $29,000. Finally, Fideuram Asset Management Ireland dac bought a new position in shares of Warner Bros. Discovery in the fourth quarter worth about $29,000. 59.95% of the stock is currently owned by hedge funds and other institutional investors.

Warner Bros. Discovery News Summary

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

• Positive Sentiment: Paramount’s purchase of Warner Bros. Discovery — coverage focuses on what the sale means for assets such as CNN and Turner (possible strategic simplification, value realization, and a takeover premium that supports WBD’s share price). Article Title
• Positive Sentiment: Buy-side leadership signals: David Ellison (Paramount/Skydance) vows CNN will operate independently post-deal — reduces some regulatory/brand-integration risk and reassures that news assets may be preserved rather than dismantled. Article Title
• Positive Sentiment: M&A analysis and investor materials emphasize strategic reshaping and bidder dynamics — analysts and advisors are framing the transaction as a value-reset event for WBD shareholders. Article Title
• Neutral Sentiment: Industry/creative impact: IMAX’s CEO highlights WBD films among Oscar nominees — positive for franchise/IP credibility but limited direct near-term share impact. Article Title
• Neutral Sentiment: After the collapsed Netflix bid earlier in the process, Business Insider outlines how Netflix benefited financially from walking away — relevant for competitive landscape but not directly altering WBD takeover dynamics. Article Title
• Neutral Sentiment: Third-party activity (reports of investors buying Netflix debt amid the WBD fight) signals opportunistic moves around the media contest but is peripheral to WBD’s core valuation drivers. Article Title
• Negative Sentiment: Large insider selling by multiple executives including CEO David Zaslav (4,004,149 shares), the CFO and other insiders — sizable disposals can signal liquidity taking, tax/planned sales or concern about upside post-deal and are weighing on sentiment. SEC filings detail the transactions. Article Title
• Negative Sentiment: Argus issues a pessimistic forecast for WBD stock — an explicit analyst downgrade/bearish note may cap upside and encourage short-term profit-taking. Article Title

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.