Investment House LLC Increases Holdings in Warner Bros. Discovery, Inc. $WBD

Investment House LLC lifted its stake in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 37.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 299,656 shares of the company’s stock after purchasing an additional 81,168 shares during the quarter. Investment House LLC’s holdings in Warner Bros. Discovery were worth $5,852,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in WBD. TriaGen Wealth Management LLC purchased a new position in Warner Bros. Discovery during the third quarter valued at approximately $443,000. Penserra Capital Management LLC boosted its holdings in 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 during the period. Country Club Bank grew its position in shares of Warner Bros. Discovery by 54.3% during the 2nd quarter. Country Club Bank now owns 502,878 shares of the company’s stock valued at $5,683,000 after purchasing an additional 176,994 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Warner Bros. Discovery by 7.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 19,463,234 shares of the company’s stock valued at $223,049,000 after purchasing an additional 1,333,005 shares in the last quarter. Finally, Swedbank AB increased its holdings in shares of Warner Bros. Discovery by 3.7% in the third quarter. Swedbank AB now owns 1,065,445 shares of the company’s stock worth $20,808,000 after purchasing an additional 37,986 shares during the period. Institutional investors own 59.95% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on WBD shares. Redburn Partners set a $28.00 price objective on Warner Bros. Discovery in a research note on Thursday, October 30th. Singular Research upgraded Warner Bros. Discovery to a “moderate buy” rating in a research report on Wednesday, October 22nd. UBS Group set a $32.00 price objective on Warner Bros. Discovery in a report on Thursday, January 15th. Sanford C. Bernstein upped their price objective on shares of Warner Bros. Discovery from $16.00 to $23.50 in a research report on Friday, November 7th. Finally, Moffett Nathanson lifted their target price on shares of Warner Bros. Discovery from $23.00 to $26.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $24.75.

Insiders Place Their Bets

In related news, CFO Gunnar Wiedenfels sold 242,994 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $29.50, for a total transaction of $7,168,323.00. Following the transaction, the chief financial officer owned 918,940 shares of the company’s stock, valued at approximately $27,108,730. This trade represents a 20.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lori C. Locke sold 4,122 shares of Warner Bros. Discovery stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $28.92, for a total transaction of $119,208.24. Following the completion of the transaction, the chief accounting officer owned 100,962 shares in the company, valued at approximately $2,919,821.04. The trade was a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 489,326 shares of company stock valued at $12,781,456 in the last ninety days. 1.90% of the stock is owned by corporate insiders.

Key Headlines Impacting Warner Bros. Discovery

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

• Positive Sentiment: WBD says over 93% of shareholders have rejected Paramount’s “inferior scheme,” signaling strong shareholder support for the Netflix transaction and reducing near-term takeover uncertainty. Warner Bros. Discovery says over 93% of shareholders have rejected Paramount’s inferior scheme in favor of Netflix deal
• Positive Sentiment: Netflix executives publicly assert they are on track to win WBD shareholder backing and dismiss Paramount’s bid, which supports the probability of the Netflix all-cash $82.7B offer closing (boosts likelihood of deal premium for WBD holders). Netflix says Paramount bid ‘doesn’t pass sniff test’ as Warner battle intensifies, FT says
• Neutral Sentiment: Paramount Skydance has extended its hostile tender deadline to Feb. 20 — the extension buys Paramount time to persuade investors but hasn’t changed WBD’s board backing for Netflix; it prolongs deal uncertainty rather than resolving it. Paramount extends deadline on hostile Warner Bros bid to February 20
• Neutral Sentiment: Regulatory review — especially in Europe — is highlighted as a pivotal hurdle; even with shareholder backing, clearance remains uncertain and could materially affect timing and deal structure. Paramount is betting European regulators won’t approve WBD-Netflix. Here’s how it could play out
• Negative Sentiment: Paramount filed a lawsuit challenging the WBD-Netflix deal, which adds legal risk and could delay closing or increase deal costs if litigation succeeds or forces concessions. Paramount Files Lawsuit Against Warner Bros. Discovery Over Netflix Deal
• Negative Sentiment: Market weakness at Netflix (big recent share decline after its Q4 report) raises questions about Netflix’s financial and market strength to complete an $82.7B all-cash purchase, which could weigh on perceptions of deal certainty and WBD’s near-term premium. Netflix Stock Drops 35%+ After Q4 as WBD Deal Risk Rises
• Negative Sentiment: Regulatory and political scrutiny is intensifying — Netflix execs are slated to testify to U.S. lawmakers about the acquisition, increasing the chance of political/antitrust complications that could slow or block the transaction. Netflix’s Sarandos to testify in Senate hearing on Warner deal, Bloomberg News reports

Warner Bros. Discovery Stock Performance

Shares of NASDAQ WBD opened at $28.58 on Friday. The stock’s 50-day moving average is $27.21 and its 200 day moving average is $20.02. The stock has a market cap of $70.82 billion, a price-to-earnings ratio of 150.43 and a beta of 1.56. Warner Bros. Discovery, Inc. has a 1-year low of $7.52 and a 1-year high of $30.00. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.90.

Warner Bros. Discovery (NASDAQ:WBD) last issued its earnings results on Thursday, November 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The firm had revenue of $9.05 billion during the quarter, compared to analysts’ expectations of $9.17 billion. Warner Bros. Discovery had a return on equity of 1.34% and a net margin of 1.28%.The firm’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.05 EPS. On average, sell-side analysts anticipate that Warner Bros. Discovery, Inc. will post -4.33 EPS for the current fiscal year.

About Warner Bros. Discovery

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.