WBD Warner Bros. Discovery, Inc.

neutral SHIFT track record → $27.37 -0.02 (-0.1%)
Mkt Cap $69B P/E 94.4 fwd -1643.1 52wk $7.75 - $30.00 Earnings 2026-05-07 43m ago
Insider selling: $315,352,322 sold by 24 insiders (30d)
Est. revisions: +20.4% (2 up, 2 down in 30d)
Backed by structured data (insider trades, analyst ratings, or filings)
Factor Model & Position History (net +1.8)

Factor Model

net +1.8 3.5 / 10
Est. Revisions
+0.9
Insider Activity
+0.0
Momentum
+0.0
Analyst Rev.
+0.0
Narrative Gap
+0.0

WBD expands streaming in India amid merger scrutiny

Watch: Watch May 7 earnings and regulatory developments on the Paramount Skydance merger for impact on WBD's valuation and strategy.

Full analysis

Warner Bros. Discovery is launching an exclusive HBO Max content hub on a leading Indian platform to capture digital growth, targeting the fast-expanding market. Its stock is up 230.7% over the past year but shows recent short-term technical weakness, trading below both 20- and 50-day SMAs. The company faces merger challenges as a $110 billion Paramount Skydance deal backed by $24 billion from Middle Eastern funds, including Saudi Arabia, faces opposition from creatives, raising regulatory risks.

India expansion could bolster WBD's subscriber base and revenue, but merger opposition and governance concerns cloud near-term outlook and shareholder confidence.

Evidence

1d ago Insider buy by ZEILER GERHARD (WBD): $830,000
1d ago Insider buy by ZEILER GERHARD (WBD): $535,920
1d ago Insider sell by ZASLAV DAVID M (WBD): $30,075,720
1d ago Insider buy by DI PIAZZA SAMUEL A. JR. (WBD): $197,918
1d ago Insider buy by LEVY ANTON J (WBD): $3,550,000
1d ago Insider sell by WIEDENFELS GUNNAR (WBD): $10,350,464
7 older signals
1d ago Insider sell by ZASLAV DAVID M (WBD): $113,157,251
1d ago Insider sell by CAMPBELL BRUCE L (WBD): $45,792,572
1d ago Insider sell by WIEDENFELS GUNNAR (WBD): $27,946,395
1d ago Insider sell by ZEILER GERHARD (WBD): $16,812,000
1d ago Insider sell by PERRETTE JEAN-BRIAC (WBD): $18,073,070
1d ago Insider sell by GOULD PAUL A (WBD): $16,410,000
Fundamentals & Data ▾
Warner Bros. Discovery, Inc. Communication Services · Entertainment
Mkt Cap
$69B
P/E
94.4 fwd -1643.1
Beta
1.64
52w Range
$7.75 - $30.00
Short Interest
47.7M 2.18%
Days to Cover
2.0 -20%
Technicals downtrend
from 52w Hi
-0.7%
1w return
+0.0%
Insiders
selling 0B / 4S
EPS Estimate
$-0.09 +20.4% 30d 2up / 2dn
Est. Dispersion
304% 13 analysts
Analyst Target
$30 $26 - $31
Options P/C
5.16
Insider Cluster
strong buy 3B / 10S
Fund Convergence
strong Citadel, D.E. Shaw, Bridgewater, Soros
Financials
Revenue
$9.5B -6% YoY
FCF
$1.4B
Gross Margin
45%
Op Margin
6%
Momentum: accelerating
Top Holders
Citadel $778M
D.E. Shaw $106M
Bridgewater $12M
Soros $4M
Recent Filings & Data
insider trade 100
net selling · $315,352,322 sold · $5,113,838 bought
24 insiders · 100 transactions (30d)
Recent transactions
PERRETTE JEAN-BRIAC · other
NOTO ANTHONY J. · other
PRICE PAULA A · other
GOULD PAUL A · sell · $16,410,000
MERCHANT FAZAL F · sell · $961,800
PERRETTE JEAN-BRIAC · sell · $18,073,070
LEE DEBRA L · other
AIYAR PRIYA · sell · $2,747,430
AIYAR PRIYA · exercise · $851,218
CAMPBELL BRUCE L · sell · $1,162,431
ZEILER GERHARD · sell · $16,812,000
WIEDENFELS GUNNAR · sell · $27,946,395
WIEDENFELS GUNNAR · exercise · $3,871,909
CAMPBELL BRUCE L · sell · $45,792,572
CAMPBELL BRUCE L · exercise · $11,840,949
AIYAR PRIYA · sell · $6,311,979
GIRDWOOD AMY · sell · $2,119,598
ZASLAV DAVID M · sell · $113,157,251
FISHER RICHARD W. · sell · $462,727
AIYAR PRIYA · other
GIRDWOOD AMY · other
ZEILER GERHARD · other
LOCKE LORI C · other
WIEDENFELS GUNNAR · other
CAMPBELL BRUCE L · other
PERRETTE JEAN-BRIAC · other
ZEILER GERHARD · other
WIEDENFELS GUNNAR · other
ZASLAV DAVID M · other
CAMPBELL BRUCE L · other
ZASLAV DAVID M · other
DI PIAZZA SAMUEL A. JR. · other
NOTO ANTHONY J. · other
PRICE PAULA A · other
LOCKE LORI C · sell · $394,558
WIEDENFELS GUNNAR · sell · $7,168,323
WIEDENFELS GUNNAR · exercise · $6,557,907
LOCKE LORI C · sell · $247,800
LOCKE LORI C · sell · $360,850
LOCKE LORI C · sell · $235,400
WIEDENFELS GUNNAR · sell · $4,999,725
DI PIAZZA SAMUEL A. JR. · other
NOTO ANTHONY J. · other
PRICE PAULA A · other
WIEDENFELS GUNNAR · sell · $10,350,464
WIEDENFELS GUNNAR · exercise · $3,802,260
CAMPBELL BRUCE L · sell · $7,468,474
CAMPBELL BRUCE L · exercise · $1,207,922
PERRETTE JEAN-BRIAC · other
CAMPBELL BRUCE L · other
LEVY ANTON J · buy · $3,550,000
DI PIAZZA SAMUEL A. JR. · other
NOTO ANTHONY J. · other
PRICE PAULA A · other
LEE DEBRA L · other
GOULD PAUL A · other
LOWE KENNETH W · other
YANG GEOFFREY Y · other
DI PIAZZA SAMUEL A. JR. · other
MERCHANT FAZAL F · other
SANCHEZ DANIEL E · other
NOTO ANTHONY J. · other
FISHER RICHARD W. · other
PRICE PAULA A · other
LEVY ANTON J · other
LEVIN JOSEPH M · other
GIRDWOOD AMY · other
DI PIAZZA SAMUEL A. JR. · other
NOTO ANTHONY J. · other
PRICE PAULA A · other
AIYAR PRIYA · other
AIYAR PRIYA · other
REMLING JENNIFER · other
DI PIAZZA SAMUEL A. JR. · buy · $197,918
PERRETTE JEAN-BRIAC · other
ZEILER GERHARD · other
LOCKE LORI C · other
WIEDENFELS GUNNAR · other
CAMPBELL BRUCE L · other
ZASLAV DAVID M · other
NOTO ANTHONY J. · other
LEVIN JOSEPH M · other
DI PIAZZA SAMUEL A. JR. · other
ZASLAV DAVID M · sell · $30,075,720
SIMS SAVALLE C · sell · $2,093,755
ZEILER GERHARD · buy · $535,920
SANCHEZ DANIEL E · other
DI PIAZZA SAMUEL A. JR. · other
DI PIAZZA SAMUEL A. JR. · other
LEE DEBRA L · other
GOULD PAUL A · other
CHEN LI HASLETT · other
MALONE JOHN C · other
LOWE KENNETH W · other
YANG GEOFFREY Y · other
DI PIAZZA SAMUEL A. JR. · other
MERCHANT FAZAL F · other
FISHER RICHARD W. · other
PRICE PAULA A · other
ZEILER GERHARD · buy · $830,000
Filing analysis pending — next scan runs every 12 hours
Transcript analysis coming soon
15 signals · latest 1h ago

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