On November 11, 2024, Gerhard Zeiler, President, International at Warner Bros. Discovery Inc (WBD, Financial), purchased 58,000 shares of the company. The transaction was documented in an SEC Filing. Following this acquisition, the insider now owns a total of 966,130 shares of Warner Bros. Discovery Inc.
Warner Bros. Discovery Inc operates as a premier global media and entertainment company. The company provides content across multiple platforms and a wide spectrum of audiences.
Over the past year, Gerhard Zeiler has increased his holdings by 158,000 shares, with no recorded sales. This recent purchase aligns with a broader trend within the company, where insider buying activity has outnumbered selling, with 4 insider buys and 2 insider sells over the last year.
Shares of Warner Bros. Discovery Inc were priced at $9.24 on the day of the insider's purchase. The company's market cap stands at approximately $22.62 billion.
The stock is currently assessed as Modestly Undervalued with a GF Value of $11.03, indicating a price-to-GF-Value ratio of 0.84. The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider buying activity may signal confidence in the company's future prospects, aligning with the current valuation metrics that suggest the stock is trading below its intrinsic value according to GuruFocus analysis.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
