Geode Capital Management LLC Sells 591,310 Shares of Paramount Skydance Corporation $PSKY

Posted by Stanley Muller on Jun 7th, 2026

Geode Capital Management LLC lessened its position in Paramount Skydance Corporation (NASDAQ:PSKY – Free Report) by 7.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,752,194 shares of the company’s stock after selling 591,310 shares during the period. Geode Capital Management LLC’s holdings in Paramount Skydance were worth $103,687,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PSKY. CYBER HORNET ETFs LLC bought a new position in Paramount Skydance during the third quarter valued at approximately $25,000. Larson Financial Group LLC lifted its position in Paramount Skydance by 539.3% during the fourth quarter. Larson Financial Group LLC now owns 2,295 shares of the company’s stock valued at $31,000 after purchasing an additional 1,936 shares during the period. Kelleher Financial Advisors bought a new position in Paramount Skydance during the third quarter valued at approximately $32,000. Center for Financial Planning Inc. bought a new position in Paramount Skydance during the third quarter valued at approximately $35,000. Finally, Addison Advisors LLC bought a new position in Paramount Skydance during the third quarter valued at approximately $42,000. Institutional investors own 73.00% of the company’s stock.

Paramount Skydance Stock Performance

Shares of NASDAQ PSKY opened at $10.22 on Friday. The firm has a fifty day moving average price of $10.50 and a 200-day moving average price of $11.69. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.10 and a quick ratio of 1.00. The stock has a market cap of $11.44 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 0.78 and a beta of 1.43. Paramount Skydance Corporation has a 1 year low of $8.61 and a 1 year high of $20.86.

Paramount Skydance (NASDAQ:PSKY – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. The firm had revenue of $7.35 billion during the quarter. Paramount Skydance had a negative net margin of 2.08% and a positive return on equity of 4.58%. During the same period last year, the company earned $0.22 earnings per share. Equities analysts anticipate that Paramount Skydance Corporation will post 0.55 earnings per share for the current fiscal year.

Paramount Skydance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.0%. Paramount Skydance’s dividend payout ratio is 35.09%.

Wall Street Analysts Forecast Growth

PSKY has been the topic of a number of research analyst reports. Morgan Stanley upgraded shares of Paramount Skydance from an “underweight” rating to an “overweight” rating and increased their price objective for the company from $11.00 to $14.00 in a research report on Thursday, April 30th. Guggenheim decreased their price target on shares of Paramount Skydance from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. TD Cowen decreased their price target on shares of Paramount Skydance from $15.00 to $13.00 and set a “hold” rating on the stock in a research report on Thursday, February 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Paramount Skydance in a research report on Friday, March 27th. Finally, Wells Fargo & Company decreased their price target on shares of Paramount Skydance from $8.00 to $7.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $12.77.

Read Our Latest Research Report on PSKY

About Paramount Skydance

(Free Report)

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.