Signal Advisors Wealth LLC Sells 20,942 Shares of Warner Bros. Discovery, Inc. $WBD

Signal Advisors Wealth LLC cut its stake in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 36.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,044 shares of the company’s stock after selling 20,942 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Warner Bros. Discovery were worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of WBD. Armstrong Advisory Group Inc. lifted its position in Warner Bros. Discovery by 7.7% in the fourth quarter. Armstrong Advisory Group Inc. now owns 6,095 shares of the company’s stock valued at $176,000 after purchasing an additional 436 shares during the last quarter. Concord Wealth Partners grew its holdings in shares of Warner Bros. Discovery by 49.9% in the third quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock worth $26,000 after purchasing an additional 440 shares during the last quarter. Howard Capital Management Inc. increased its stake in shares of Warner Bros. Discovery by 3.1% in the third quarter. Howard Capital Management Inc. now owns 15,559 shares of the company’s stock worth $304,000 after buying an additional 474 shares during the period. Claro Advisors LLC increased its stake in shares of Warner Bros. Discovery by 4.4% in the third quarter. Claro Advisors LLC now owns 11,591 shares of the company’s stock worth $226,000 after buying an additional 484 shares during the period. Finally, Clearstead Advisors LLC raised its holdings in Warner Bros. Discovery by 0.6% during the 3rd quarter. Clearstead Advisors LLC now owns 91,414 shares of the company’s stock valued at $1,785,000 after buying an additional 506 shares during the last quarter. 59.95% of the stock is currently owned by institutional investors.

Warner Bros. Discovery Price Performance

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

Warner Bros. Discovery (NASDAQ:WBD) last released its earnings results on Thursday, February 26th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $9.33 billion. During the same quarter in the previous year, the business posted ($0.20) earnings per share. Warner Bros. Discovery’s revenue for the quarter was down 5.7% on a year-over-year basis. Analysts anticipate that Warner Bros. Discovery, Inc. will post -4.33 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have weighed in on WBD. Arete Research reissued a “neutral” rating and set a $31.25 price target on shares of Warner Bros. Discovery in a research report on Friday, February 27th. Huber Research downgraded shares of Warner Bros. Discovery from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, February 27th. Guggenheim lowered shares of Warner Bros. Discovery from a “buy” rating to a “neutral” rating and increased their target price for the stock from $25.00 to $30.00 in a report on Wednesday, January 14th. Weiss Ratings raised Warner Bros. Discovery from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 23rd. Finally, Argus reduced 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. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $26.30.

Insider Buying and Selling at Warner Bros. Discovery

In other Warner Bros. Discovery news, insider Gerhard Zeiler sold 600,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $28.02, for a total value of $16,812,000.00. Following the sale, the insider directly owned 672,649 shares of the company’s stock, valued at approximately $18,847,624.98. The trade was a 47.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Gunnar Wiedenfels sold 617,580 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $28.25, for a total value of $17,446,635.00. Following the completion of the sale, the chief financial officer directly owned 691,570 shares in the company, valued at approximately $19,536,852.50. This represents a 47.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 8,206,827 shares of company stock valued at $230,674,025 in the last ninety days. Corporate insiders own 1.90% of the company’s stock.

Trending Headlines about Warner Bros. Discovery

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

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.