Warner Bros. Discovery Stock Surges as Investment Manager Accumulates Shares and Buyout Rumors Swirl

Pacer Advisors, Inc. disclosed a sizable purchase of Warner Bros. Discovery (NASDAQ:WBD) shares, adding 22,308,046 shares in Q3 2025 for a transaction value of $303,905,299, according to its October 15, 2025, SEC filing.Pacer Advisors, Inc. reported in a quarterly SEC filing dated October 15, 2025, that it acquired 22,308,046 additional shares of Warner Bros. Discovery during the quarter. The estimated value of these share purchases, based on the average unadjusted closing price for the quarter, was approximately $303.91 million. The position now totals 22,788,847 shares, worth $445.07 million.This buy brings Warner Bros. Discovery to 1.12% of Pacer Advisors’ reportable U.S. equity assets as of September 30, 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool