Paramount Skydance Falls as Warner Deal Faces Fresh Regulatory Pressure

Paramount Skydance Corporation (PSKY) is down 4.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be renewed concern that Paramount Skydance’s planned acquisition of Warner Bros. Discovery could face delays or added conditions. A new push by Oregon’s attorney general to force document production and seek a 60-day closing pause added another layer of uncertainty around a deal that is already being closely reviewed in multiple jurisdictions.

Details:

Oregon’s attorney general said on July 7 that the state is moving to require Paramount Skydance to turn over records tied to its review of the Warner transaction.

A separate legal update described the state as seeking to delay closing the deal for 60 days while its antitrust probe continues, which can raise investor worries about timing and execution risk.

Paramount Skydance disclosed in a July 1 filing that the merger had won approvals in Kuwait, Austria, and Australia, but it also said completion still depends on other regulatory clearances.

European regulators have also been reviewing the proposed Warner combination, so investors may be reacting to the broader possibility of concessions, delays, or a more complicated path to closing.

Sources:

Oregon Department of Justice, SEC, Bloomberg Law

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$PSKY Hedge Fund Activity

We have seen 221 institutional investors add shares of $PSKY stock to their portfolio, and 246 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

STATE STREET CORP added 10,013,293 shares (+41.3%) to their portfolio in Q1 2026, for an estimated $90,319,902
MILLENNIUM MANAGEMENT LLC removed 7,838,970 shares (-91.6%) from their portfolio in Q1 2026, for an estimated $70,707,509
CONTRARIUS GROUP HOLDINGS LTD removed 7,161,948 shares (-47.5%) from their portfolio in Q1 2026, for an estimated $64,600,770
UBS GROUP AG added 6,923,591 shares (+52.2%) to their portfolio in Q1 2026, for an estimated $62,450,790
CITADEL ADVISORS LLC added 4,699,735 shares (+316.6%) to their portfolio in Q1 2026, for an estimated $42,391,609
DME CAPITAL MANAGEMENT, LP added 3,926,080 shares (+inf%) to their portfolio in Q1 2026, for an estimated $35,413,241
MTCO LTD. added 3,600,000 shares (+133.3%) to their portfolio in Q1 2026, for an estimated $32,472,000

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$PSKY Congressional Stock Trading

Members of Congress have traded $PSKY stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $PSKY stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/13 and 1 sale worth up to $15,000 on 05/15.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$PSKY Analyst Ratings

Wall Street analysts have issued reports on $PSKY in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Morgan Stanley issued a "Overweight" rating on 05/01/2026

To track analyst ratings and price targets for $PSKY, check out Quiver Quantitative's $PSKY forecast page.

$PSKY Price Targets

Multiple analysts have issued price targets for $PSKY recently. We have seen 5 analysts offer price targets for $PSKY in the last 6 months, with a median target of $12.0.

Here are some recent targets:

Steven Cahall from Wells Fargo set a target price of $7.0 on 05/05/2026
Michael Morris from Guggenheim set a target price of $12.0 on 05/05/2026
Benjamin Swinburne from Morgan Stanley set a target price of $14.0 on 05/01/2026
Jessica Reif Ehrlich from B of A Securities set a target price of $11.0 on 03/10/2026
Doug Creutz from TD Cowen set a target price of $13.0 on 02/26/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.