Paramount Global Class B
PARA

$11.19

2.01%

Market Cap: 7.46B

About: Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on Paramount's streaming platforms is created by the production studios housed within the firm's other two business segments.

Employees: 21,900

Communication Services Television Broadcasting Stations

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 15 analysts

0

News positive %

of 120 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

21% more repeat investments, than reductions

Existing positions increased: 263 | Existing positions reduced: 218

2.23% less ownership

Funds ownership: 77.59% [Q4 2023] → 75.36% (-2.23%) [Q1 2024]

4% less funds holding

Funds holding: 711 [Q4 2023] → 685 (-26) [Q1 2024]

12% less call options, than puts

Call options by funds: $202M | Put options by funds: $230M

17% less funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 5 (-1) [Q1 2024]

22% less first-time investments, than exits

New positions opened: 91 | Existing positions closed: 117

22% less capital invested

Capital invested by funds: $7.03B [Q4 2023] → $5.46B (-$1.56B) [Q1 2024]

See Fund Rankings

Research analyst outlook

15 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$9

20%

downside

Avg. target

$13.27

19%

upside

High target

$19

70%

upside

15 analyst ratings

4 positive

27%

5 neutral

33%

6 negative

40%

Evercore ISI Group Vijay Jayant	3%upside $11.5	In-Line Maintained	9 Jul 2024
Benchmark Daniel Kurnos	70%upside $19	Buy Reiterated	9 Jul 2024
Goldman Sachs Michael Ng	15%downside $9.5	Sell Initiated	25 Jun 2024
Wells Fargo Steven Cahall	20%downside $9	Underweight Downgraded	12 Jun 2024
Rosenblatt Barton Crockett	25%upside $14	Neutral Maintained	4 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 120 articles about PARA published over the past 30 days

Barry Diller hints IAC no longer in race for Paramount deal, fears merger will face litigation: report

Diller said he will be "shocked" if the merger does not face a lot of legal challenges.

Barry Diller hints IAC no longer in race for Paramount deal, fears merger will face litigation: report

Zacks Investment Research

Here's Why Paramount Global-B (PARA) is a Strong Value Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Paramount Global-B (PARA) is a Strong Value Stock

Barry Diller says Paramount pursuit 'might be over' for IAC, CNBC reports

Billionaire Barry Diller signaled his digital-media conglomerate IAC was no longer in the race to buy Paramount Global , CNBC reported on Friday.

Barry Diller says Paramount pursuit 'might be over' for IAC, CNBC reports

Paramount shareholder sues to block Shari Redstone's deal with Skydance

The plaintiff alleged the merger was unfair and disadvantageous to Paramount's Class B stockholders, who will not receive a fair share of the benefits compared to Redstone and National Amusements.

Paramount shareholder sues to block Shari Redstone's deal with Skydance

Paramount, Skydance merger faces court challenge by shareholder

A Paramount Global investor has sued to the block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware's Chancery Court on Wednesday.

Paramount, Skydance merger faces court challenge by shareholder

24 Barron's Pro-Picked 2024 Mid-Year Dividend Dogs: Buy 2 In July

Barron's Mid-Year 2024 Pro Picks revealed by panelists for potential investment opportunities. Barron's interviews of eleven financial industry Roundtable-pros tapped 48 predictions. Twelve non-ADR foreign stocks and six funds were dropped by YCharts screens, and six selections paid no dividends, leaving 24 in the final pool. The Barron's list tracked by YCharts as of 7/17/24 projected ten top analyst-estimated net gains from WST, ASML, PBR, RUSHA & topped by SLB ranging 19.46%-35.09%.

24 Barron's Pro-Picked 2024 Mid-Year Dividend Dogs: Buy 2 In July

Bullish on Paramount (PARA)

Paramount (PARA) is today's morning trade for beginner, intermediate, and advanced options traders. Alan Knuckman demonstrates a bullish example trade using the stock.

Bullish on Paramount (PARA)

PARA ONGOING INVESTIGATION: BFA Law Reminds Paramount Global (Nasdaq:PARA) Stockholders to Contact Us about Continuing Investigation into the Merger

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who are being offered up to $15 per share in exchange for their Paramount Class B Shares. If you are a shareholder of Paramount, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/paramount-global.

PARA ONGOING INVESTIGATION: BFA Law Reminds Paramount Global (Nasdaq:PARA) Stockholders to Contact Us about Continuing Investigation into the Merger

PARA LEGAL UPDATE: BFA Law Reminds Paramount Global Shareholders to Contact the Firm about Ongoing Investigation into the Merger

NEW YORK, NY / ACCESSWIRE / July 21, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who are being offered up to $15 per share in exchange for their Paramount Class B Shares. If you are a shareholder of Paramount, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/paramount-global.

PARA LEGAL UPDATE: BFA Law Reminds Paramount Global Shareholders to Contact the Firm about Ongoing Investigation into the Merger

PARA LEGAL NEWS: BFA Law Alerts Paramount Global (Nasdaq:PARA) Shareholders it is Investigating the Merger Transaction and Notifies Stockholders to Contact Us

NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who are being offered up to $15 per share in exchange for their Paramount Class B Shares. If you are a shareholder of Paramount, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/paramount-global.

PARA LEGAL NEWS: BFA Law Alerts Paramount Global (Nasdaq:PARA) Shareholders it is Investigating the Merger Transaction and Notifies Stockholders to Contact Us

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