Overview
Smart money at a glance
Filings to Sep 26, 2026Net selling: insiders sold $141.3M and bought $0 on the open market in 90 days (SEC Form 4). Congress: no trades disclosed in 180 days.
- Company insidersSEC Form 4, last 90 days
- -$141.3M netNet selling
- CongressSTOCK Act, last 180 days
- NoneNo trades disclosed
- Big fundsSEC 13F, quarter ended Jun 30, 2026
- 11 added, 1 cutMore adding
- Federal contractsUSAspending.gov, last 12 months
- No awardsNone on record
Key stats
Fundamentals Sep 25- Open
- $30.80
- 52-wk high
- $30.92
- High
- $30.87
- 52-wk low
- $17.07
- Low
- $30.80
- Prev close
- $30.84
- Mkt cap
- $77.12B
- Volume
- 23.60M
- Fwd P/E
- 384.6x
- Beta
- 1.57
- P/S
- 2.1x
- P/B
- 2.4x
- Profit margin
- -8.8%
- Op margin
- +5.1%
- ROE
- -8.8%
What do analysts expect?
Analyst target and ratings are on paid plans
See the 12-month consensus target and the buy/hold/sell rating split.
Unlock the full resultsQuestions about WBD filings
Are insiders buying or selling Warner Bros Discovery Inc (WBD) stock?
Net selling: insiders sold $141.3M and bought $0 of WBD stock on the open market in the 90 days to Sep 26, 2026, according to SEC Form 4 filings. $86.6M of the sales were made under pre-set Rule 10b5-1 trading plans. The largest was Zaslav, David (Chief Executive Officer & Pres), who sold $86.6M. The latest filing was on Sep 16, 2026.
Which members of Congress have traded WBD recently?
None. No member of Congress disclosed a WBD trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.
How current is this WBD smart-money data?
This summary uses filings available on Sep 26, 2026. Insiders must report trades to the SEC within 2 business days, members of Congress have up to 45 days to disclose a trade, and funds file 13F holdings up to 45 days after each quarter ends, so the latest moves may not be public yet.
Smart money
8 funds hold a position and insiders have been net selling.
What funds are doing
Buys/Adds (2)
- DS

D.E. Shaw
$677.5M
added
- DL

Daniel Loeb
$533.2M
bought
Sells/Trims (1)
- HA

Harris Associates
$774.7M
trimmed
What insiders are doing
What Congress is doing
Sells (1)
How top traders are positioned
No tracked top-trader positions in WBD right now.
Live Hyperliquid positioning - not every stock is covered
Activist stakes, short interest & more
Earnings
Earnings came in 146.2% above what analysts expected.
Earnings per share
-$0.13 expected
GAAP EPS was $0.06, but the analyst estimate may use a different basis. No EPS beat or miss is shown.
Reports Nov 5, 2026, in 40 days
Estimates as of Sep 25, 2026
EPS expected
-$0.23 to $0.23
Revenue expected
17 analysts
Last 30 days
Analysts cutting estimates
What the company said
Financials
What it sold, what it cost, what was left.
| USD | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| What came in | ||||
| Revenue | $9.04B | $9.46B | $8.89B | $8.72B |
| Cost of what it sold | $4.56B | $6.60B | $4.64B | $4.62B |
| Gross profit | $4.48B | $2.86B | $4.25B | $4.10B |
| What it spent | ||||
| Sales and admin | $2.36B | $2.39B | $2.48B | $2.56B |
| Other operating costs | $1.51B | -$64.0M | $1.23B | $1.29B |
| Total operating expenses | $3.87B | $2.32B | $3.70B | $3.86B |
| What was left | ||||
| Operating profit | $611.0M | $536.0M | $549.0M | $237.0M |
| Interest on debt | $570.0M | $584.0M | $581.0M | $511.0M |
| Profit before tax | $27.0M | -$408.0M | -$3.12B | -$271.0M |
| Tax | $170.0M | -$161.0M | -$214.0M | -$433.0M |
| Net profit | -$148.0M | -$252.0M | -$2.92B | $149.0M |
| EBITDA | $1.97B | $1.49B | $1.19B | $1.40B |
Technicals
Price structure
This stock is in a strong uptrend, and looks overbought after a fast run-up.
Trend
Strong uptrend
85 / 100
RSI 14
20D volatility
52-week range
20D support
20D resistance
Returns
Price vs moving averages
Volume pace
News
What the news says
Coverage leans bullish
Tone of tracked coverage
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Macro
10 macro signals shaping WBD right now
Unlock sector rotation, regime shifts, and macro event windows tied to this stock.
Unlock the full results