Private Advisory Group LLC Invests $3.44 Million in Warner Bros. Discovery, Inc. $WBD

Private Advisory Group LLC acquired a new position in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) in the 4th quarter, Holdings Channel reports. The fund acquired 119,305 shares of the company’s stock, valued at approximately $3,438,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Concord Wealth Partners grew its holdings in Warner Bros. Discovery by 49.9% in the 3rd quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock valued at $26,000 after buying an additional 440 shares during the last quarter. Physician Wealth Advisors Inc. lifted its holdings 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 buying an additional 847 shares during the last quarter. Grove Bank & Trust boosted its position in shares of Warner Bros. Discovery by 66.5% in the third quarter. Grove Bank & Trust now owns 1,690 shares of the company’s stock valued at $33,000 after acquiring an additional 675 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Warner Bros. Discovery in the third quarter valued at approximately $33,000. Finally, Crews Bank & Trust grew its stake in shares of Warner Bros. Discovery by 1,242.2% in the third quarter. Crews Bank & Trust now owns 1,718 shares of the company’s stock worth $34,000 after acquiring an additional 1,590 shares during the last quarter. Institutional investors own 59.95% of the company’s stock.

Warner Bros. Discovery Price Performance

Shares of NASDAQ:WBD opened at $27.07 on Monday. Warner Bros. Discovery, Inc. has a 52 week low of $7.52 and a 52 week high of $30.00. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.06 and a current ratio of 1.06. The company’s fifty day moving average is $27.91 and its 200-day moving average is $25.02. The company has a market capitalization of $67.13 billion, a PE ratio of 93.35 and a beta of 1.60.

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

Wall Street Analyst Weigh In

WBD has been the subject of several research analyst reports. Rothschild & Co Redburn set a $31.00 target price on shares of Warner Bros. Discovery and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Moffett Nathanson upgraded shares of Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 8th. Raymond James Financial reiterated an “underperform” rating on shares of Warner Bros. Discovery in a research note on Friday, February 27th. Guggenheim cut Warner Bros. Discovery from a “buy” rating to a “neutral” rating and upped their price target for the company from $25.00 to $30.00 in a report on Wednesday, January 14th. Finally, TD Cowen increased their price objective on shares of Warner Bros. Discovery from $22.00 to $26.00 and gave the company a “hold” rating in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $26.30.

Warner Bros. Discovery News Roundup

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

• Positive Sentiment: WBD formally set a Special Meeting for shareholders on April 23, 2026 at 10:00 a.m. ET to vote on the Paramount Skydance merger; the company has begun mailing the definitive proxy and the board unanimously recommends shareholders vote FOR the transaction. This official timetable and proxy distribution increases the odds of the deal closing if approvals follow. Warner Bros. Discovery Sets Shareholder Meeting Date of April 23, 2026 to Approve Transaction with Paramount Skydance
• Positive Sentiment: Major outlets report the deal size at roughly $110 billion and confirm the April 23 shareholder vote — higher clarity on price and timing reduces deal uncertainty that can weigh on the stock. Warner Bros shareholders to vote on $110 billion Paramount deal on April 23, WSJ reports
• Positive Sentiment: Netflix reportedly walked away from talks to acquire WBD, removing a potential competing bidder and making the Paramount transaction more likely to close without a higher offer — this supports the deal’s probability and reduces takeover speculation. Netflix Ends Warner Deal Talks To Focus On Core Growth Choices
• Neutral Sentiment: Local government steps are proceeding: the Los Angeles County Board of Supervisors greenlighted an economic analysis of the proposed merger, a routine but necessary part of assessing local impacts — not a direct blocker but part of the regulatory timeline. Los Angeles County Board of Supervisors Greenlights Economic Analysis of Paramount-WBD Merger
• Neutral Sentiment: Wide media coverage (MSN, Deadline, Hollywood Reporter) confirms the April 23 date and keeps investor focus on the vote; continued coverage can maintain trading volume and short‑term volatility until the meeting. Warner Bros. Discovery Sets Shareholder Vote On Sale To Paramount
• Negative Sentiment: Despite progress, the transaction remains large and subject to shareholder approval and potential regulatory and antitrust scrutiny — these are meaningful execution risks that could delay, change terms, or block the deal, which would weigh on the stock if they materialize. Warner Bros. Discovery Sets April 23 Vote on Paramount Mega Deal

Insider Buying and Selling at Warner Bros. Discovery

In other news, Director Fazal F. Merchant sold 35,000 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $27.48, for a total value of $961,800.00. Following the completion of the sale, the director directly owned 95,539 shares in the company, valued at approximately $2,625,411.72. This trade represents a 26.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Gunnar Wiedenfels sold 374,323 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $28.05, for a total transaction of $10,499,760.15. Following the transaction, the chief financial officer owned 663,380 shares in the company, valued at approximately $18,607,809. This trade represents a 36.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,206,827 shares of company stock worth $230,674,025 over the last 90 days. Company insiders own 1.80% of the company’s stock.

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.