Fisher sells Warner Bros. Discovery (WBD) stock worth $462k

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil extends weekly gains as Iran conflict rages on, with crude surging around 18% Trump replaces Homeland Security chief Kristi Noem Wall Street ends lower on escalating Iran conflict, report of AI export curbs Trump says he must be involved in selecting Iran’s next leader (South Africa Philippines Nigeria) Fisher sells Warner Bros. Discovery stock worth $462k By Insider Trading Published 03/05/2026, 06:43 PM Fisher sells Warner Bros. Discovery stock worth $462k 0 WBD 0.14% NFLX 0.52% Director Richard W. Fisher sold 16,345 shares of Warner Bros. Discovery, Inc. NASDAQ:WBD Series A Common Stock on March 3, 2026, for approximately $462,726. The insider sale comes after the stock has surged 145% over the past year and 131% in the last six months, according to InvestingPro data. The shares were sold at prices ranging from $28.31 to $28.32. Following the transaction, Fisher directly owns 70,479 shares of the company. InvestingPro analysis indicates the stock is currently overvalued, with deeper insights available in the comprehensive Pro Research Report . In other recent news, Paramount has projected $69 billion in revenue for fiscal year 2026 following its merger with Warner Bros. Discovery. The combined entity aims for $18 billion in adjusted EBITDA and expects $6 billion in synergies from the merger. Paramount Skydance Corp. has also paid a $2.8 billion breakup fee to Netflix after the latter dropped its planned acquisition of parts of Warner Bros. Discovery. Warner Bros. is anticipated to announce its formal acquisition by Paramount soon. Meanwhile, TD Cowen has maintained a Hold rating on Warner Bros. Discovery, setting a price target of $26.00. The firm noted that Paramount Skydance’s offer of $31 per share was deemed superior to Netflix ’s bid. Raymond James downgraded Warner Bros. Discovery to Underperform, citing the deal dynamics as a factor. Additionally, Evercore ISI resumed coverage of Netflix with an...