83,388 Shares in Warner Bros. Discovery, Inc. $WBD Acquired by St. Louis Financial Planners Asset Management LLC

Key Points

• St. Louis Financial Planners Asset Management LLC bought a new position of 83,388 shares of Warner Bros. Discovery in Q4, valued at about $2.403 million.
• Insiders have sold heavily — 8,206,827 shares worth roughly $230.7 million over the last 90 days, including large disclosed sales by Gerhard Zeiler and CFO Gunnar Wiedenfels, leaving insiders with 1.90% ownership.
• Takeover and regulatory uncertainty is rising: reports of a “mystery Singapore suitor”, the DOJ refusing to fast‑track the Paramount‑WBD review, and headlines that CEO David Zaslav could receive more than $800M in payouts create timing delays and governance/headline risk.

St. Louis Financial Planners Asset Management LLC bought a new position in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 83,388 shares of the company's stock, valued at approximately $2,403,000.

Several other large investors have also added to or reduced their stakes in the company. TriaGen Wealth Management LLC bought a new position in Warner Bros. Discovery in the 3rd quarter worth $443,000. Charles Schwab Investment Management Inc. increased its stake in Warner Bros. Discovery by 7.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 19,463,234 shares of the company's stock worth $223,049,000 after buying an additional 1,333,005 shares in the last quarter. Swedbank AB increased its stake in Warner Bros. Discovery by 3.7% in the 3rd quarter. Swedbank AB now owns 1,065,445 shares of the company's stock worth $20,808,000 after buying an additional 37,986 shares in the last quarter. Mackay Shields LLC bought a new stake in Warner Bros. Discovery during the third quarter valued at about $7,812,000. Finally, New York State Teachers Retirement System lifted its position in shares of Warner Bros. Discovery by 4.1% in the third quarter. New York State Teachers Retirement System now owns 1,775,964 shares of the company's stock valued at $34,685,000 after acquiring an additional 69,141 shares in the last quarter. Hedge funds and other institutional investors own 59.95% of the company's stock.

Warner Bros. Discovery News Roundup

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

• Positive Sentiment: Reports of a “mystery Singapore suitor” for Warner Bros. Discovery suggest there may be alternative bidders or strategic interest that could lift takeover leverage or price if the process widens. Warner Bros Discovery’s mystery Singapore suitor
• Neutral Sentiment: The DOJ’s antitrust chief says the Paramount-WBD review won’t be fast-tracked for political reasons — that increases the likelihood of a normal-length regulatory review and potential delays, keeping merger timing uncertain. DOJ Will ‘Absolutely Not’ Fast-Track Review of Paramount-Warner Bros. Deal for Political Reasons, Antitrust Chief Says
• Neutral Sentiment: Coverage questioning whether the largest leveraged buyout (Paramount/Skydance) is in doubt adds uncertainty about the broader M&A landscape and timing — markets are pricing in more risk that deal plans could be delayed or altered. Spencer Jakab | Is the Largest Leveraged Buyout Ever in Doubt?
• Neutral Sentiment: Paramount’s David Ellison says he wants to keep Paramount and WBD operating separately to preserve jobs — signaling a potential strategy that could reduce near-term cost synergies but limit layoffs and structural disruption. David Ellison Hopes to 'Build a Stronger Hollywood' and Save Jobs by Keeping Paramount and WBD Operating Separately
• Negative Sentiment: Multiple outlets report CEO David Zaslav could receive more than $800M in payouts (including up to $335M tied to golden‑parachute excise tax protections) if the Paramount-Skydance deal closes — a headline risk for governance critics and shareholder optics that can pressure the stock. David Zaslav's WBD-Paramount deal payout highlights new 'golden parachutes' for CEOs
• Negative Sentiment: A WBD director sold roughly $16.4M of stock — an insider sale that investors often view negatively while a takeover process is ongoing, though the context (planned sale vs. opportunistic cash-out) matters. Warner Bros. Discovery NASDAQ: WBD Director Sells $16,410,000.00 in Stock

Insider Buying and Selling at Warner Bros. Discovery

In related news, insider Gerhard Zeiler sold 600,000 shares of the business's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $28.02, for a total value of $16,812,000.00. Following the sale, the insider owned 672,649 shares in the company, valued at approximately $18,847,624.98. The trade was a 47.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Gunnar Wiedenfels sold 374,323 shares of the company's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $28.05, for a total transaction of $10,499,760.15. Following the sale, the chief financial officer directly owned 663,380 shares in the company, valued at approximately $18,607,809. The trade was a 36.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 8,206,827 shares of company stock worth $230,674,025. Company insiders own 1.90% of the company's stock.

Warner Bros. Discovery Trading Down 0.8%

Shares of WBD stock opened at $27.42 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $67.95 billion, a price-to-earnings ratio of 94.55 and a beta of 1.60. Warner Bros. Discovery, Inc. has a 12-month low of $7.52 and a 12-month high of $30.00. The stock's 50-day moving average price is $28.05 and its 200-day moving average price is $24.32.

Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.10) 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 the consensus estimate of $9.33 billion. Warner Bros. Discovery had a net margin of 1.95% and a return on equity of 1.98%. Warner Bros. Discovery's quarterly revenue was down 5.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.20) earnings per share. Equities research analysts predict that Warner Bros. Discovery, Inc. will post -4.33 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on WBD shares. Moffett Nathanson raised Warner Bros. Discovery from a "hold" rating to a "strong-buy" rating in a research note on Sunday, March 8th. Benchmark reissued a "hold" rating on shares of Warner Bros. Discovery in a research note on Friday, February 27th. Weiss Ratings raised Warner Bros. Discovery from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, February 23rd. Sanford C. Bernstein upped their price target on Warner Bros. Discovery from $23.50 to $27.75 and gave the stock a "market perform" rating in a research note on Tuesday, February 24th. Finally, Guggenheim lowered shares of Warner Bros. Discovery from a "buy" rating to a "neutral" rating and increased their price objective for the company from $25.00 to $30.00 in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Warner Bros. Discovery presently has an average rating of "Hold" and an average target price of $26.30.

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.

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