Discovery Communications, Inc. (NASDAQ:DISCA) insider Bruce Campbell sold 3,047 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $18.17, for a total value of $55,363.99. Following the completion of the transaction, the insider now owns 43,173 shares in the company, valued at $784,453.41. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Discovery Communications, Inc. (DISCA) traded up $1.00 during trading on Friday, hitting $21.04. The stock had a trading volume of 19,055,475 shares, compared to its average volume of 3,981,324. The company has a debt-to-equity ratio of 2.56, a current ratio of 5.87 and a quick ratio of 5.87. The company has a market cap of $7,660.00, a price-to-earnings ratio of 9.51, a PEG ratio of 1.12 and a beta of 1.56. Discovery Communications, Inc. has a 12-month low of $15.99 and a 12-month high of $30.25.

Discovery Communications (NASDAQ:DISCA) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.12). The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.64 billion. Discovery Communications had a net margin of 16.63% and a return on equity of 22.24%. Discovery Communications’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.47 earnings per share. analysts expect that Discovery Communications, Inc. will post 1.94 EPS for the current year.

A number of equities analysts have weighed in on the company. Royal Bank of Canada restated an “outperform” rating and issued a $24.00 target price (down from $29.00) on shares of Discovery Communications in a research note on Friday, November 3rd. UBS upgraded Discovery Communications from a “sell” rating to a “neutral” rating and decreased their target price for the stock from $25.00 to $23.00 in a research note on Tuesday, September 26th. Jefferies Group decreased their target price on Discovery Communications from $27.00 to $20.00 and set a “hold” rating on the stock in a research note on Friday, November 3rd. Needham & Company LLC restated a “hold” rating on shares of Discovery Communications in a research note on Thursday, October 12th. Finally, ValuEngine upgraded Discovery Communications from a “hold” rating to a “buy” rating in a research note on Wednesday, October 11th. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the stock. Discovery Communications presently has a consensus rating of “Hold” and a consensus price target of $23.67.

A number of hedge funds have recently modified their holdings of the stock. Hotchkis & Wiley Capital Management LLC boosted its holdings in Discovery Communications by 0.7% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 18,729,826 shares of the company’s stock valued at $398,758,000 after acquiring an additional 123,603 shares during the period. Vanguard Group Inc. boosted its holdings in Discovery Communications by 5.4% during the 2nd quarter. Vanguard Group Inc. now owns 16,661,316 shares of the company’s stock valued at $430,362,000 after acquiring an additional 858,015 shares during the period. Bank of New York Mellon Corp boosted its holdings in Discovery Communications by 12.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 11,966,987 shares of the company’s stock valued at $254,779,000 after acquiring an additional 1,297,175 shares during the period. BlackRock Inc. boosted its holdings in Discovery Communications by 2.0% during the 2nd quarter. BlackRock Inc. now owns 9,533,783 shares of the company’s stock valued at $246,259,000 after acquiring an additional 187,781 shares during the period. Finally, State Street Corp boosted its holdings in Discovery Communications by 5.4% during the 2nd quarter. State Street Corp now owns 7,346,135 shares of the company’s stock valued at $189,736,000 after acquiring an additional 376,975 shares during the period. Institutional investors own 48.25% of the company’s stock.

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About Discovery Communications

Discovery Communications, Inc (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.

Insider Buying and Selling by Quarter for Discovery Communications (NASDAQ:DISCA)

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