Warner Bros. Discovery ($WBD) Insider Trading & Smart Money Activity

Warner Bros. Discovery, Inc. · Entertainment · Latest filing Oct 15, 2026

Warner Bros. Discovery, Inc. ($WBD) has 1 congress trade, 4 13F position changes and 2 analyst ratings on file.

Insider buyers (12 mo): 0
Insider sellers (12 mo): 0
Net insider $ (12 mo): $0
Congress trades (12 mo): 1
13F moves on file: 4
Analyst ratings on file: 2

WBD insider buying and selling by quarter

Quarter	Congress buys / sales	13F added / cut
Q1 2026	1 / 0	0 / 0
Q2 2026	0 / 0	1 / 2
Q3 2026	0 / 0	0 / 0
Q4 2026	0 / 0	0 / 1

Insider buys and sales count open-market trades only (Form 4 codes P and S). Grants, option exercises and tax withholding are left out.

All WBD insider, congress, 13F and analyst activity

Date	Source	Who	Action	Shares	Value / amount	1W	1M	Story
Oct 15, 2026	13F	Auto-Owners Insurance	Sold out	-23.53K sh				—
Sep 29, 2026	Analyst	Argus Research	Lowers to Sell					—
Jun 29, 2026	Analyst	Seaport Global	Raises to buy		PT $31			Read
May 15, 2026	13F	Pentwater Capital Management	Added	+4.17M sh	$1.34B	+0.2%	-0.6%	—
May 15, 2026	13F	Harris Associates L P	Reduced	-45.98M sh	$876.42M	+0.2%	-0.6%	—
May 14, 2026	13F	Independent Franchise Partners	Reduced	-4M sh	$231.88M	-0.1%	-1.1%	—
Mar 27, 2026	Congress	Alan Armstrong	Purchase		$1,001 - $15,000	+1.3%	-0.9%	—

1W / 1M / 6M = how WBD moved from the trade or filing date.

Members of Congress trading WBD

Alan Armstrong1

Institutions moving WBD (13F)

Analyst ratings on WBD

Date	Firm	Action	Rating	Price target	1W	1M	6M	Story
Sep 29, 2026	Argus Research	Lowers	Sell					—
Jun 29, 2026	Seaport Global	Raises	buy	$31				Read

Frequently asked questions

Which members of Congress traded WBD?

1 disclosed trade by Alan Armstrong. The latest was on Mar 27, 2026.

Which institutions changed their WBD positions?

Recent 13F filers moving the stock include Auto-Owners Insurance, Pentwater Capital Management, Harris Associates L P and Independent Franchise Partners.

Other entertainment stocks

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Data comes from public SEC Form 4 and 13F filings and STOCK Act disclosures. Dates are the trade or filing date reported. This page is for research only and is not investment advice.

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