Amy Girdwood Sells 75,030 Shares of Warner Bros. Discovery (NASDAQ:WBD) Stock

Key Points

• Amy Girdwood sold 75,030 WBD shares on March 3 at an average of $28.25 for about $2.12 million, reducing her stake by 6.81% to 1,027,283 shares (valued ≈ $29.02 million).
• Warner Bros. Discovery shares trade near $28 with a 50‑day/200‑day SMA of $28.32/$23.08, a market cap of ~$69.4B, and the company recently missed quarterly EPS (‑$0.10 vs. $0.09 est.) while reporting $9.46B revenue; analysts have a consensus rating of "Hold" and a $25.34 price target.
• M&A headlines are driving volatility: Paramount‑Skydance’s agreed deal and Netflix’s exit have clarified outcomes but raised regulatory, integration and takeover‑related risks, and other insiders (including the CEO) have sold large blocks of WBD stock, which may concern investors.

Warner Bros. Discovery, Inc. (NASDAQ:WBD - Get Free Report) insider Amy Girdwood sold 75,030 shares of Warner Bros. Discovery stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $28.25, for a total value of $2,119,597.50. Following the completion of the transaction, the insider owned 1,027,283 shares in the company, valued at $29,020,744.75. This trade represents a 6.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Warner Bros. Discovery Stock Performance

Shares of NASDAQ WBD traded up $0.05 during mid-day trading on Thursday, hitting $28.00. 25,035,719 shares of the company were exchanged, compared to its average volume of 25,729,393. The stock has a 50 day simple moving average of $28.32 and a 200-day simple moving average of $23.08. Warner Bros. Discovery, Inc. has a 1-year low of $7.52 and a 1-year high of $30.00. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.87. The firm has a market cap of $69.38 billion, a price-to-earnings ratio of 96.56 and a beta of 1.60.

Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported ($0.10) earnings per share 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 firm had revenue of $9.46 billion during the quarter, compared to analysts' expectations of $9.33 billion. During the same period in the previous year, the firm earned ($0.20) EPS. The firm's revenue was down 5.7% on a year-over-year basis. On average, sell-side analysts forecast that Warner Bros. Discovery, Inc. will post -4.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on WBD shares. Benchmark restated a "hold" rating on shares of Warner Bros. Discovery in a research note on Friday, February 27th. Guggenheim cut shares of Warner Bros. Discovery from a "buy" rating to a "neutral" rating and upped their price target for the stock from $25.00 to $30.00 in a research note on Wednesday, January 14th. Wells Fargo & Company raised their price objective on Warner Bros. Discovery from $21.00 to $25.00 and gave the company an "equal weight" rating in a research note on Friday, November 7th. UBS Group boosted their target price on Warner Bros. Discovery from $20.00 to $30.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 28th. Finally, Morgan Stanley set a $29.00 target price on Warner Bros. Discovery in a report on Thursday, December 18th. Six analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Warner Bros. Discovery has a consensus rating of "Hold" and a consensus price target of $25.34.

Institutional Investors Weigh In On Warner Bros. Discovery

Several hedge funds have recently modified their holdings of the company. Concord Wealth Partners lifted its stake in shares of Warner Bros. Discovery by 49.9% during the third 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 period. Swiss RE Ltd. purchased a new position in shares of Warner Bros. Discovery during the 4th quarter worth $26,000. Physician Wealth Advisors Inc. lifted its stake in shares of Warner Bros. Discovery by 152.1% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 1,404 shares of the company's stock worth $27,000 after purchasing an additional 847 shares during the period. Financial Gravity Companies Inc. acquired a new stake in shares of Warner Bros. Discovery during the second quarter worth $29,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in shares of Warner Bros. Discovery in the fourth quarter valued at $29,000. 59.95% of the stock is owned by institutional investors and hedge funds.

Warner Bros. Discovery News Roundup

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

• Positive Sentiment: Definitive Paramount Skydance acquisition agreement provides deal certainty and a strategic path to combine streaming and content assets—primary driver supporting the stock’s uptick. Paramount Skydance Deal Reshapes Warner Bros Discovery Outlook After Netflix Exit
• Positive Sentiment: David Ellison (Paramount) says CNN will operate independently, an explicit reassurance aimed at reducing political/regulatory pushback that could otherwise derail the deal. David Ellison Vows CNN Will Operate Independently as Paramount Buys Warner Bros.: ‘We Want to Be in the Truth Business’
• Positive Sentiment: Commentary and M&A write-ups frame the deal as a decisive outcome after months of uncertainty, which can support multiple bids for WBD assets and improve valuation clarity. Paramount Skydance Stole The Show With Its Warner Bros. Discovery Purchase
• Neutral Sentiment: Netflix formally walked away from the bidding process — this removes a high-profile bidder but also ends a prolonged auction; outcome is mixed for WBD valuation dynamics. The Art of the Walk-Away: Netflix Wins by Losing the WBD Deal (WBD)
• Neutral Sentiment: Political and deal-theatre noise continues (e.g., high-profile purchases of Netflix debt), creating headline volatility but unclear direct impact on WBD fundamentals. Trump Bought Netflix Debt Amid Paramount’s Fight for Warner Bros.
• Negative Sentiment: CEO David Zaslav and other executives sold large blocks of WBD stock after the deal announcement; insider selling can worry investors about post-deal confidence or lockup/vesting-related dilution. David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock After WBD Clinches Paramount Skydance Deal
• Negative Sentiment: Analyst skepticism: Argus issued a pessimistic forecast for WBD’s stock price, which could cap enthusiasm and influence short-term selling or reduced buy-side conviction. Argus Issues Pessimistic Forecast for Warner Bros. Discovery NASDAQ: WBD Stock Price
• Negative Sentiment: Reports highlight likely regulatory review, potential job cuts and integration costs—risks that could pressure near-term margins and slow deal-related synergies. Paramount Skydance Deal Reshapes Warner Bros Discovery Outlook After Netflix Exit

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.