Corrado Advisors LLC Acquires Shares of 138,969 Paramount Skydance Corporation $PSKY

Key Points

• Corrado Advisors LLC disclosed a new first-quarter position in Paramount Skydance, buying 138,969 shares valued at about $1.25 million.
• Institutional ownership remains high, with several large investors adding or opening stakes and 73% of the stock held by institutions.
• Paramount Skydance posted better-than-expected Q1 earnings of $0.23 per share, but sentiment remains cautious due to multiple sell ratings and ongoing concerns around the Warner deal and other execution risks.

Corrado Advisors LLC acquired a new position in Paramount Skydance Corporation (NASDAQ:PSKY - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 138,969 shares of the company's stock, valued at approximately $1,254,000.

Other large investors have also recently made changes to their positions in the company. MTCO Ltd. purchased a new stake in Paramount Skydance during the 3rd quarter valued at $26,488,000. Chilton Investment Co. Inc. bought a new stake in Paramount Skydance in the third quarter worth $2,994,000. SG Americas Securities LLC boosted its stake in Paramount Skydance by 56.3% during the fourth quarter. SG Americas Securities LLC now owns 774,273 shares of the company's stock worth $10,375,000 after buying an additional 279,045 shares during the period. Vanguard Group Inc. boosted its stake in Paramount Skydance by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 36,006,077 shares of the company's stock worth $482,481,000 after buying an additional 132,613 shares during the period. Finally, Hoertkorn Richard Charles bought a new position in Paramount Skydance during the fourth quarter valued at $3,708,000. 73.00% of the stock is currently owned by institutional investors.

Paramount Skydance Trading Up 0.9%

NASDAQ:PSKY opened at $9.41 on Friday. The firm has a 50-day simple moving average of $10.25 and a 200-day simple moving average of $10.85. Paramount Skydance Corporation has a one year low of $8.61 and a one year high of $20.86. The firm has a market cap of $10.53 billion, a P/E ratio of 16.51, a P/E/G ratio of 0.61 and a beta of 1.43. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.10.

Paramount Skydance (NASDAQ:PSKY - Get Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. Paramount Skydance had a positive return on equity of 4.58% and a negative net margin of 2.08%.The business had revenue of $7.35 billion for the quarter. During the same period last year, the business posted $0.22 EPS. Equities analysts anticipate that Paramount Skydance Corporation will post 0.62 EPS for the current fiscal year.

Paramount Skydance Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a dividend of $0.05 per share. The ex-dividend date was Monday, June 15th. This represents a $0.20 annualized dividend and a dividend yield of 2.1%. Paramount Skydance's dividend payout ratio is 35.09%.

More Paramount Skydance News

Here are the key news stories impacting Paramount Skydance this week:

• Positive Sentiment: Short-interest data showed no meaningful build in bearish bets, which may slightly ease concerns about a large coordinated short position.
• Neutral Sentiment: Investors are waiting for Paramount Skydance’s Q2 2026 earnings, which could provide a near-term catalyst if results or guidance surprise to the upside. Paramount Skydance's Q2 2026 earnings: What to expect
• Neutral Sentiment: Arete Research reaffirmed its Sell rating, reinforcing a bearish Wall Street view and keeping sentiment cautious. Paramount Skydance's (PSKY) "Sell" Rating Reaffirmed at Arete Research
• Negative Sentiment: Additional downgrade coverage weighed on the stock as analysts highlighted deal risk and uncertainty around execution. This analyst just downgraded Paramount stock. Here's why.
• Negative Sentiment: Reports that Oregon regulators want more records and may seek a 60-day pause on the Warner transaction increased fears of delays, added conditions, or even a blocked deal. US states could sue next week to block Paramount-Warner Bros deal, sources say
• Negative Sentiment: Market-moving coverage from CNBC and Bloomberg, plus reports that states could try to block the Warner deal, kept merger risk front and center for investors. Stocks making the biggest moves midday: Micron, Paramount Skydance, Mara Holdings, PepsiCo & more

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Morgan Stanley raised shares of Paramount Skydance from an "underweight" rating to an "overweight" rating and increased their price objective for the stock from $11.00 to $14.00 in a research report on Thursday, April 30th. Arete Research restated a "sell" rating and set a $2.00 target price on shares of Paramount Skydance in a research report on Thursday. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Paramount Skydance in a research note on Wednesday, June 24th. Wells Fargo & Company reduced their price target on Paramount Skydance from $8.00 to $7.00 and set an "underweight" rating on the stock in a report on Tuesday, May 5th. Finally, Guggenheim decreased their price target on Paramount Skydance from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Tuesday, May 5th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and nine have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $12.00.

Paramount Skydance Company Profile

Paramount Skydance Media Group Nasdaq: PSKY is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.

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