Warner Bros. Discovery Inc’s recent filing unveils that its Former Officer Sims Savalle acquired Company’s shares for reported $1.96 million on Mar 20 ’25. In the deal valued at $11.10 per share,176,903 shares were bought.
Then, Di Piazza Samuel A Jr. bought 17,346 shares, generating $197,918 in total proceeds. Upon buying the shares at $11.41, the Director now owns 159,932 shares.
Before that, Savalle Sims bought 145,733 shares. Warner Bros. Discovery Inc shares valued at $1,795,430 were divested by the Officer at a price of $12.32 per share.
MoffettNathanson upgraded its Warner Bros. Discovery Inc [WBD] rating to a Buy from a a Neutral in a research note published on January 21, 2025; the price target was increased to $13 from $9. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in mid November from “an Underperform” to “a Peer perform”. Bernstein also remained covering WBD and has decreased its forecast on August 13, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Macquarie revised its rating on July 25, 2024. It rated WBD as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of WBD
On Tuesday, Warner Bros. Discovery Inc [NASDAQ:WBD] saw its stock fall -4.85% to $10.21. Over the last five days, the stock has lost -7.01%. Warner Bros. Discovery Inc shares have fallen nearly -3.41% since the year began. Nevertheless, the stocks have risen 16.95% over the past one year. While a 52-week high of $12.70 was reached on 02/27/25, a 52-week low of $6.64 was recorded on 01/16/25. SMA at 50 days reached $10.54, while 200 days put it at $9.06.
Levels Of Support And Resistance For WBD Stock
The 24-hour chart illustrates a support level at 9.85, which if violated will result in even more drops to 9.49. On the upside, there is a resistance level at 10.86. A further resistance level may holdings at 11.51. The Relative Strength Index (RSI) on the 14-day chart is 44.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.49%. Stochastics %K at 41.87% indicates the stock is a holding.
How much short interest is there in Warner Bros. Discovery Inc?
A steep rise in short interest was recorded in Warner Bros. Discovery Inc stocks on 2025-03-14, growing by 2.38 million shares to a total of 69.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 67.35 million shares. There was a rise of 3.41%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 16, 2024 when Evercore ISI resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $10.
