Focus Partners Advisor Solutions LLC Takes Position in Warner Bros. Discovery, Inc. $WBD

Focus Partners Advisor Solutions LLC purchased a new position in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) in the 3rd quarter, Holdings Channel reports. The fund purchased 43,279 shares of the company’s stock, valued at approximately $917,000.

Other large investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in Warner Bros. Discovery by 304.9% in the 4th quarter. Brighton Jones LLC now owns 68,950 shares of the company’s stock valued at $729,000 after purchasing an additional 51,920 shares during the last quarter. NewEdge Advisors LLC grew its position in Warner Bros. Discovery by 50.5% in the 1st quarter. NewEdge Advisors LLC now owns 63,254 shares of the company’s stock worth $679,000 after purchasing an additional 21,228 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Warner Bros. Discovery by 6.2% in the first quarter. Empowered Funds LLC now owns 65,082 shares of the company’s stock valued at $698,000 after purchasing an additional 3,779 shares during the period. Focus Partners Wealth increased its stake in shares of Warner Bros. Discovery by 91.6% in the first quarter. Focus Partners Wealth now owns 116,821 shares of the company’s stock valued at $1,254,000 after purchasing an additional 55,837 shares during the period. Finally, Atria Investments Inc raised its holdings in shares of Warner Bros. Discovery by 2.5% during the second quarter. Atria Investments Inc now owns 53,524 shares of the company’s stock valued at $613,000 after buying an additional 1,285 shares during the last quarter. Institutional investors and hedge funds own 59.95% of the company’s stock.

Insider Activity at Warner Bros. Discovery

In other news, insider Gerhard Zeiler sold 600,000 shares of Warner Bros. Discovery stock in a transaction on Wednesday, March 4th. The stock was 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. This trade represents a 47.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO David Zaslav sold 4,004,149 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $28.26, for a total value of $113,157,250.74. Following the completion of the sale, the chief executive officer directly owned 7,200,627 shares in the company, valued at $203,489,719.02. This represents a 35.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 7,782,159 shares of company stock worth $219,565,426 in the last quarter. Company insiders own 1.90% of the company’s stock.

Warner Bros. Discovery Trading Down 0.3%

Warner Bros. Discovery stock opened at $27.93 on Friday. Warner Bros. Discovery, Inc. has a 12-month low of $7.52 and a 12-month 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 $69.21 billion, a PE ratio of 96.31 and a beta of 1.60. The firm has a 50 day simple moving average of $28.27 and a 200-day simple moving average of $23.31.

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

Analyst Ratings Changes

Several brokerages have recently issued reports on WBD. Rothschild & Co Redburn set a $31.00 price objective on Warner Bros. Discovery and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Weiss Ratings raised Warner Bros. Discovery from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 23rd. Sanford C. Bernstein boosted their price target on Warner Bros. Discovery from $23.50 to $27.75 and gave the stock a “market perform” rating in a research report on Tuesday, February 24th. UBS Group increased their price target on Warner Bros. Discovery from $20.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Finally, Argus lowered their price target on Warner Bros. Discovery from $32.00 to $31.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Five analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Warner Bros. Discovery currently has an average rating of “Hold” and an average price target of $25.99.

Key Stories Impacting Warner Bros. Discovery

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

• Positive Sentiment: Paramount/Skydance agreed to buy WBD assets in a deal that could deliver a takeover premium and simplify WBD’s portfolio — this is the primary bullish catalyst for shareholders. Read More.
• Positive Sentiment: Buyer leadership (David Ellison/Paramount/Skydance) publicly pledges to keep CNN independent, reducing regulatory and integration risk that might otherwise erode deal value. Read More.
• Positive Sentiment: Analysts and M&A presentations are framing the transaction as a strategic reset that could unlock value for WBD shareholders (materials outline bidder dynamics and potential synergies). Read More.
• Neutral Sentiment: Netflix has stepped back from the WBD bidding war and is refocusing on core streaming strategy — removes one potential suitor but also leaves bidders like Paramount to set the deal terms. Read More.
• Neutral Sentiment: Coverage notes Netflix received cash from its failed WBD bid and may redeploy capital elsewhere; this is relevant to the competitive landscape but not directly to WBD’s valuation. Read More.
• Neutral Sentiment: Third-party market activity (reports of investors buying Netflix bonds and other opportunistic moves) reflects investor jockeying around the media deal but is peripheral to WBD’s fundamentals. Read More.
• Negative Sentiment: Large, coordinated insider selling reported this week (CEO David Zaslav sold ~4.0M shares; CFO and other senior execs also sold large blocks) — big disposals can pressure sentiment and suggest insiders are taking liquidity or reducing exposure ahead of/after deal activity. Read More.
• Negative Sentiment: Additional insider sales (e.g., Amy Girdwood) and multiple large Form 4s amplify the selling signal and may trigger short-term profit-taking. Read More.
• Negative Sentiment: Analyst pressure: Moffett Nathanson downgraded WBD to neutral (maintains $31 target) and Argus published a pessimistic forecast — bearish notes can cap the stock’s near-term upside and encourage selling. Read More. • Read More.

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.