Profund Advisors LLC Has $7.63 Million Stock Holdings in Warner Bros. Discovery, Inc. $WBD

Posted by Francis Steltz on May 19th, 2026

Profund Advisors LLC lowered its position in Warner Bros. Discovery, Inc. (NASDAQ:WBD – Free Report) by 7.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 264,779 shares of the company’s stock after selling 22,048 shares during the quarter. Profund Advisors LLC’s holdings in Warner Bros. Discovery were worth $7,631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. JFS Wealth Advisors LLC grew its holdings in Warner Bros. Discovery by 12.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 3,425 shares of the company’s stock worth $99,000 after acquiring an additional 378 shares during the last quarter. Salomon & Ludwin LLC raised its stake in shares of Warner Bros. Discovery by 20.2% during the fourth quarter. Salomon & Ludwin LLC now owns 2,494 shares of the company’s stock valued at $71,000 after acquiring an additional 419 shares during the last quarter. Optas LLC lifted its holdings in shares of Warner Bros. Discovery by 3.0% during the fourth quarter. Optas LLC now owns 15,120 shares of the company’s stock worth $436,000 after purchasing an additional 435 shares during the period. Armstrong Advisory Group Inc. lifted its holdings in shares of Warner Bros. Discovery by 7.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 6,095 shares of the company’s stock worth $176,000 after purchasing an additional 436 shares during the period. Finally, Concord Wealth Partners grew its stake in shares of Warner Bros. Discovery by 49.9% in the third quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock worth $26,000 after purchasing an additional 440 shares during the last quarter. Institutional investors own 59.95% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Arete Research reaffirmed a “neutral” rating and set a $31.25 target price on shares of Warner Bros. Discovery in a research report on Friday, February 27th. Huber Research lowered Warner Bros. Discovery from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, February 27th. Benchmark reissued a “hold” rating on shares of Warner Bros. Discovery in a research note on Friday, February 27th. UBS Group raised their price objective on Warner Bros. Discovery from $30.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Finally, Zacks Research lowered Warner Bros. Discovery from a “hold” rating to a “strong sell” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $26.36.

Get Our Latest Stock Analysis on WBD

Warner Bros. Discovery Stock Performance

WBD stock opened at $27.10 on Tuesday. The stock has a 50-day moving average price of $27.31 and a 200-day moving average price of $26.98. Warner Bros. Discovery, Inc. has a 1-year low of $8.83 and a 1-year high of $30.00. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.92. The firm has a market cap of $67.94 billion, a PE ratio of -38.71 and a beta of 1.57.

Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($1.17) EPS for the quarter, missing the consensus estimate of ($0.10) by ($1.07). Warner Bros. Discovery had a negative net margin of 4.67% and a negative return on equity of 4.77%. The business had revenue of $8.89 billion for the quarter, compared to the consensus estimate of $8.89 billion. During the same quarter in the previous year, the company earned ($0.18) EPS. The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. As a group, equities research analysts expect that Warner Bros. Discovery, Inc. will post -0.71 earnings per share for the current year.

Insider Activity

In other Warner Bros. Discovery news, Director Paul A. Gould sold 600,000 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $27.35, for a total transaction of $16,410,000.00. Following the transaction, the director directly owned 244,357 shares in the company, valued at approximately $6,683,163.95. This represents a 71.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David Zaslav sold 4,004,149 shares of Warner Bros. Discovery stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $28.26, for a total transaction of $113,157,250.74. Following the completion of the sale, the chief executive officer owned 7,200,627 shares of the company’s stock, valued at $203,489,719.02. This represents a 35.74% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 8,206,827 shares of company stock worth $230,674,025. Company insiders own 1.90% of the company’s stock.

About Warner Bros. Discovery

(Free Report)

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.