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Warner Bros. Discovery, Inc. WBD NASDAQ

NASDAQ Global Select • Communication Services • Entertainment • US • USD

SharesGrow Score
34/100
0/7 Pass
SharesGrow Intrinsic Value
$8.53
-68.8%
Analyst Price Target
$27.45
+0.3%

Warner Bros. Discovery, Inc. (WBD) has 20 known insider and institutional holders on record. The largest holder is ADVANCE/NEWHOUSE PROGRAMMING PARTNERSHIP with 184,023,290 shares. Other notable holders include ADVANCE/NEWHOUSE PARTNERSHIP and MALONE JOHN C.

Over the last 12 months, insiders have made 80 transactions in WBD stock — 37 buys (valued at $302.03M) and 20 sells (valued at $197.99M). Insider buying has outpaced selling during this period, which may signal confidence in the company's prospects.

WBD Insider Ownership

Top Holder
ADVANCE/NEWHOUSE PROGRAMMING PARTNERSHIP
184,023,290 shares
Buys (12 mo)
37
$302.03M value
Sells (12 mo)
20
$197.99M value
12-Month Transaction Activity
Buy 46%
Sell 25%
Top Insider Holders
# Name Role Shares Owned Last Filed Relative Size
1 Advance/newhouse Programming Partnership Director 184,023,290 2023-12-15
100%
2 Advance/newhouse Partnership Director 14,158,459 2023-12-15
8%
3 Malone John C Director 9,636,170 2024-06-07
5%
4 Zaslav David Chief Executive Officer & Pres 7,200,627 2026-03-05
4%
5 Advance Publications, Inc Director 4,152,302 2022-04-12
2%
6 Campbell Bruce Chief Rev & Strategy Officer 1,215,250 2026-03-05
1%
7 Perrette Jean-briac Pres.&ceo, Global Streaming 1,173,723 2026-03-18
1%
8 Lowe Kenneth W Director 1,101,041 2025-06-05
1%
9 Girdwood Amy Chief People & Culture Officer 1,027,283 2026-03-05
1%
10 Advance Long-term Management Trust 10 Percent Owner 833,324 2021-06-28
0%
11 Zeiler Gerhard President, International 637,436 2026-03-10
0%
12 Levy Anton J Director 624,000 2025-06-05
0%
13 Wiedenfels Gunnar Chief Financial Officer 619,802 2026-03-10
0%
14 Sims Savalle Chief Legal Officer 599,317 2024-12-17
0%
15 Alpert-romm Adria Chief People & Culture Officer 452,636 2024-03-08
0%
16 Gould Paul A Director 244,357 2026-03-16
0%
17 Di Piazza Samuel A Jr. Director 204,009 2025-12-23
0%
18 Remling Jennifer Chief People & Culture Officer 187,256 2025-03-04
0%
19 Faricy Peter CEO, Global Direct To Consumer 183,346 2020-03-03
0%
20 Yang Geoffrey Y Director 157,871 2025-06-05
0%
Recent Transactions (last 12 months)
Date Name Role Type Shares Price Value
2026-03-27 Noto Anthony Director RSU Award 1,063 - -
2026-03-27 Price Paula A Director RSU Award 1,340 - -
2026-03-16 Perrette Jean-briac Pres.&ceo, Global Streaming Informative Sell 659,120 $27.42 $18.07M
2026-03-16 Merchant Fazal F Director Informative Sell 35,000 $27.48 $961.8K
2026-03-16 Gould Paul A Director Informative Sell 600,000 $27.35 $16.41M
2026-03-10 Lee Debra L Director Gift (Given) 16,345 - -
2026-03-10 Aiyar Priya Chief Legal Officer Option Exercise (Sell) 77,243 $11.02 $851.22K
2026-03-06 Wiedenfels Gunnar Chief Financial Officer Tax Withholding of RSU 43,578 $27.95 $1.22M
2026-03-06 Zeiler Gerhard President, International Tax Withholding of RSU 35,213 $27.95 $984.2K
2026-03-06 Perrette Jean-briac Pres.&ceo, Global Streaming Tax Withholding of RSU 43,433 $27.95 $1.21M
2026-03-03 Girdwood Amy Chief People & Culture Officer Informative Sell 75,030 $28.25 $2.12M
2026-03-03 Aiyar Priya Chief Legal Officer Informative Sell 223,512 $28.24 $6.31M
2026-03-04 Wiedenfels Gunnar Chief Financial Officer Option Exercise (Sell) 91,418 $15.02 $1.37M
2026-03-03 Wiedenfels Gunnar Chief Financial Officer Informative Sell 617,580 $28.25 $17.45M
2026-03-03 Locke Lori C. Chief Accounting Officer Tax Withholding of RSU 6,379 $28.20 $179.89K
2026-03-04 Zeiler Gerhard President, International Informative Sell 600,000 $28.02 $16.81M
2026-03-03 Zeiler Gerhard President, International Tax Withholding of RSU 23,757 $28.20 $669.95K
2026-03-03 Perrette Jean-briac Pres.&ceo, Global Streaming Tax Withholding of RSU 34,797 $28.20 $981.28K
2026-03-04 Campbell Bruce Chief Rev & Strategy Officer Option Exercise (Sell) 285,679 $15.02 $4.29M
2026-03-03 Campbell Bruce Chief Rev & Strategy Officer Tax Withholding of RSU 31,765 $28.20 $895.77K
2026-03-03 Zaslav David Chief Executive Officer & Pres Informative Sell 4,004,149 $28.26 $113.16M
2026-03-03 Fisher Richard W Director Informative Sell 16,345 $28.31 $462.73K
2026-03-02 Girdwood Amy Chief People & Culture Officer RSU Award 93,717 - -
2026-02-27 Girdwood Amy Chief People & Culture Officer Tax Withholding of RSU 12,032 $28.17 $338.94K
2026-03-02 Aiyar Priya Chief Legal Officer RSU Award 88,747 - -
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