Rep. Laura Friedman Sells Paramount Skydance Corporation (NASDAQ:PSKY) Shares

Key Points

• Representative Laura Friedman sold shares of Paramount Skydance Corporation (NASDAQ:PSKY) worth between $1,001 and $15,000 on September 10th, as disclosed in a filing on October 8th.
• Paramount Skydance announced a quarterly dividend of $0.05 per share on October 1st, representing an annualized yield of 1.1%.
• Institutional investors now own 73.00% of Paramount Skydance, with several acquiring new positions recently, indicating growing interest in the company.

Representative Laura Friedman (D-California) recently sold shares of Paramount Skydance Corporation NASDAQ: PSKY. In a filing disclosed on October 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Paramount Skydance stock on September 10th. The trade occurred in the Representative's "FIDELITY BROKERAGE SERVICES, LLC" account.

Representative Laura Friedman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Walt Disney NYSE: DIS on 8/26/2025.

Paramount Skydance Stock Performance

Shares of NASDAQ PSKY opened at $17.97 on Friday. The firm has a market capitalization of $12.12 billion, a PE ratio of -598.80, a P/E/G ratio of 4.94 and a beta of 1.26. The firm's 50 day moving average price is $16.46. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.21 and a current ratio of 1.39. Paramount Skydance Corporation has a 52-week low of $9.95 and a 52-week high of $20.86.

Paramount Skydance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Monday, September 15th were issued a dividend of $0.05 per share. The ex-dividend date was Monday, September 15th. This represents a $0.20 dividend on an annualized basis and a yield of 1.1%. Paramount Skydance's payout ratio is currently -666.67%.

Institutional Trading of Paramount Skydance

Institutional investors have recently made changes to their positions in the business. U.S. Capital Wealth Advisors LLC acquired a new stake in Paramount Skydance in the third quarter valued at $2,876,000. Czech National Bank bought a new position in shares of Paramount Skydance in the third quarter valued at about $1,484,000. Voya Investment Management LLC bought a new position in shares of Paramount Skydance in the third quarter valued at about $758,000. Contravisory Investment Management Inc. bought a new position in shares of Paramount Skydance in the third quarter valued at about $751,000. Finally, Cullen Investment Group LTD. acquired a new position in shares of Paramount Skydance in the third quarter valued at about $462,000. Institutional investors own 73.00% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Guggenheim restated a "neutral" rating and set a $13.00 price objective on shares of Paramount Skydance in a report on Friday, August 22nd. Morgan Stanley decreased their price objective on shares of Paramount Skydance from $12.00 to $10.00 and set an "underweight" rating for the company in a report on Wednesday, August 27th. UBS Group boosted their price objective on shares of Paramount Skydance from $10.00 to $12.00 and gave the company a "sell" rating in a report on Wednesday. Barclays decreased their price objective on shares of Paramount Skydance from $12.00 to $8.00 and set an "underweight" rating for the company in a report on Friday, August 8th. Finally, Seaport Res Ptn upgraded shares of Paramount Skydance from a "strong sell" rating to a "hold" rating in a report on Friday, August 8th. Two research analysts have rated the stock with a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Strong Sell" and an average target price of $10.80.

About Representative Friedman

Laura Friedman (Democratic Party) is a member of the U.S. House, representing California's 30th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Friedman (Democratic Party) is running for re-election to the U.S. House to represent California's 30th Congressional District. She declared candidacy for the 2026 election. Laura Friedman was born in New York and lives in Glendale, California. Friedman earned a B.A. from the University of Rochester, New York, in 1988. Her career experience includes working as a producer and head of development in the entertainment industry and as a small business owner selling antiques and decorative arts. Friedman served on the board of directors of the Metropolitan Water District of Southern California, as past president of the Independent Cities Association, as a board member of the Southern California Association of Governments, and on the Glendale Design Review Board. She was elected to the Glendale City Council in 2009 and re-elected in 2013. She served as mayor of Glendale from 2011 to 2012.

Paramount Skydance Company Profile

Paramount Global is a media and entertainment company which creates premium content and experiences for audiences. The company's portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount , Pluto TV and Simon & Schuster, among others.

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