Signal Advisors Wealth LLC Sells 70,032 Shares of Warner Bros. Discovery, Inc. $WBD

Signal Advisors Wealth LLC trimmed its holdings in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 55.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,986 shares of the company’s stock after selling 70,032 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Warner Bros. Discovery were worth $1,113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Voya Investment Management LLC boosted its stake in Warner Bros. Discovery by 34.9% in the 1st quarter. Voya Investment Management LLC now owns 7,035,842 shares of the company’s stock valued at $75,495,000 after buying an additional 1,820,249 shares in the last quarter. Bfsg LLC lifted its holdings in shares of Warner Bros. Discovery by 11.2% during the second quarter. Bfsg LLC now owns 156,906 shares of the company’s stock valued at $1,798,000 after acquiring an additional 15,786 shares during the period. Penserra Capital Management LLC boosted its stake in shares of Warner Bros. Discovery by 29,882.6% in the 2nd quarter. Penserra Capital Management LLC now owns 62,064 shares of the company’s stock valued at $710,000 after purchasing an additional 61,857 shares in the last quarter. Country Club Bank grew its holdings in shares of Warner Bros. Discovery by 54.3% in the 2nd quarter. Country Club Bank now owns 502,878 shares of the company’s stock worth $5,683,000 after purchasing an additional 176,994 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in shares of Warner Bros. Discovery during the 2nd quarter worth about $4,089,000. Institutional investors and hedge funds own 59.95% of the company’s stock.

Wall Street Analysts Forecast Growth

WBD has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Warner Bros. Discovery in a research report on Monday, December 15th. Rothschild & Co Redburn raised Warner Bros. Discovery from a “neutral” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Thursday, October 30th. Redburn Partners set a $28.00 price target on Warner Bros. Discovery in a research report on Thursday, October 30th. Singular Research raised Warner Bros. Discovery to a “moderate buy” rating in a report on Wednesday, October 22nd. Finally, Morgan Stanley set a $29.00 price objective on Warner Bros. Discovery in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.22.

Insider Buying and Selling

In other news, CAO Lori C. Locke sold 5,000 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $27.62, for a total value of $138,100.00. Following the transaction, the chief accounting officer directly owned 110,084 shares in the company, valued at $3,040,520.08. This trade represents a 4.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 value of $7,168,323.00. Following the sale, the chief financial officer directly owned 918,940 shares of the company’s stock, valued at approximately $27,108,730. This trade represents a 20.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 489,326 shares of company stock worth $12,781,456. 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’s board formally rejected Paramount Skydance’s hostile approach and urged shareholders to reject that offer in favor of the Netflix proposal, reinforcing management’s preferred path and lowering the chance of an unsolicited break-up at current terms. Read More.
• Positive Sentiment: Analysis shows a Netflix–Warner Bros. combination would be a strategic powerhouse (projected to eclipse Disney’s TV demand share), which supports the argument that the Netflix bid could create significant long‑term value for WBD shareholders. Read More.
• Positive Sentiment: Reports that activist/hedge fund Standard General has been approached about buying or investing in WBD’s cable networks (including CNN) raise the prospect of asset sales or minority investments that could unlock value outside a full sale. That potential monetization pathway is viewed favorably by investors. Read More.
• Neutral Sentiment: Harris Associates, a top-five WBD shareholder, said it would be “very open” to a revised Paramount offer if it is superior and fixes deal-term issues — this keeps the door open for a higher competing bid but also prolongs deal uncertainty. Read More.
• Neutral Sentiment: Market write-ups this week highlight the sudden entry of Paramount into the bidding contest and the sector‑wide reaction; broader market sentiment and rotation also influence WBD’s trading alongside deal news. Read More.
• Negative Sentiment: Paramount’s reported all‑cash $108 billion/$30‑per‑share approach escalates the takeover fight and could force protracted negotiations or a bidding war, increasing execution risk and near‑term volatility for the stock. Read More.
• Negative Sentiment: WBD has pressed for stronger assurances from the Ellison family trust (a personal guarantee) around Paramount’s financing, signaling the board’s doubts about deal certainty — that pushback could complicate or delay any deal and sustain share‑price swings. Read More.

Warner Bros. Discovery Stock Up 0.6%

Shares of WBD opened at $27.77 on Friday. The business’s fifty day moving average price is $23.39 and its two-hundred day moving average price is $16.86. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market capitalization of $68.81 billion, a price-to-earnings ratio of 146.17 and a beta of 1.60. Warner Bros. Discovery, Inc. has a 52 week low of $7.52 and a 52 week high of $30.00.

Warner Bros. Discovery (NASDAQ:WBD) last released its earnings results on Thursday, November 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The business had revenue of $9.05 billion for the quarter, compared to analyst estimates of $9.17 billion. Warner Bros. Discovery had a net margin of 1.28% and a return on equity of 1.34%. The business’s revenue for the quarter was down 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.05 earnings per share. On average, analysts predict that Warner Bros. Discovery, Inc. will post -4.33 earnings per share for the current year.

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.