Rep. August Pfluger Unloads Warner Bros. Discovery, Inc. (NASDAQ:WBD) Stock

Representative August Pfluger (Republican-Texas) recently sold shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD). In a filing disclosed on March 19th, the Representative disclosed that they had sold between $1,001 and $15,000 in Warner Bros. Discovery stock on February 10th. The trade occurred in the Representative’s “ROTH IRA” account.

Representative August Pfluger also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Sirius XM (NASDAQ:SIRI) on 1/13/2026.
• Sold $1,001 – $15,000 in shares of Fidelity National Financial (NYSE:FNF) on 1/12/2026.

Warner Bros. Discovery Trading Down 0.1%

Shares of Warner Bros. Discovery stock traded down $0.03 during trading on Wednesday, hitting $27.26. The stock had a trading volume of 2,921,131 shares, compared to its average volume of 25,869,734. The firm’s fifty day simple moving average is $28.00 and its 200-day simple moving average is $24.71. The stock has a market cap of $67.59 billion, a PE ratio of 93.95 and a beta of 1.60. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.06 and a quick ratio of 1.06. Warner Bros. Discovery, Inc. has a 12 month low of $7.52 and a 12 month high of $30.00.

Warner Bros. Discovery (NASDAQ:WBD) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.19). Warner Bros. Discovery had a net margin of 1.95% and a return on equity of 1.98%. The firm had revenue of $9.46 billion for the quarter, compared to the consensus estimate of $9.33 billion. During the same quarter in the previous year, the company posted ($0.20) earnings per share. The business’s revenue for the quarter was down 5.7% on a year-over-year basis. As a group, sell-side analysts expect that Warner Bros. Discovery, Inc. will post -4.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Warner Bros. Discovery

A number of institutional investors have recently modified their holdings of the stock. Swiss RE Ltd. purchased a new stake in shares of Warner Bros. Discovery in the fourth quarter valued at approximately $26,000. Fideuram Asset Management Ireland dac purchased a new position in Warner Bros. Discovery during the 4th quarter worth $29,000. MV Capital Management Inc. bought a new stake in Warner Bros. Discovery during the 4th quarter valued at $30,000. Rakuten Securities Inc. raised its position in Warner Bros. Discovery by 81.5% during the 4th quarter. Rakuten Securities Inc. now owns 1,160 shares of the company’s stock valued at $33,000 after purchasing an additional 521 shares in the last quarter. Finally, TOWER TRUST & INVESTMENT Co lifted its holdings in shares of Warner Bros. Discovery by 4,730.8% in the 4th quarter. TOWER TRUST & INVESTMENT Co now owns 1,256 shares of the company’s stock worth $36,000 after buying an additional 1,230 shares during the period. 59.95% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WBD has been the topic of a number of analyst reports. Moffett Nathanson raised Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Guggenheim lowered Warner Bros. Discovery from a “buy” rating to a “neutral” rating and raised their price target for the stock from $25.00 to $30.00 in a research note on Wednesday, January 14th. Huber Research cut Warner Bros. Discovery from a “strong-buy” rating to a “strong sell” rating in a report on Friday, February 27th. Benchmark reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a research report on Friday, February 27th. Finally, Barrington Research lowered Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $26.30.

Insider Buying and Selling at Warner Bros. Discovery

In other news, Director Paul A. Gould sold 600,000 shares of the firm’s stock in a transaction 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 owned 244,357 shares in the company, valued at approximately $6,683,163.95. This trade represents a 71.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO David Zaslav sold 4,004,149 shares of Warner Bros. Discovery stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $28.26, for a total value 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. The trade was a 35.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 8,206,827 shares of company stock worth $230,674,025. Insiders own 1.80% of the company’s stock.

About Representative Pfluger

August Pfluger (Republican Party) is a member of the U.S. House, representing Texas’ 11th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Pfluger (Republican Party) is running for re-election to the U.S. House to represent Texas’ 11th Congressional District. He declared candidacy for the 2026 election.

August Pfluger lives in San Angelo, Texas. Pfluger graduated from San Angelo High School. He serves in the U.S. Air Force Reserves and has reached the rank of colonel.

Pfluger earned a degree from the U.S. Air Force Academy. His career experience includes working as a National Security Council advisor with the Trump administration.

About Warner Bros. Discovery

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.