Rep. Gilbert Cisneros (D-CA) Sells Shares of Paramount Skydance Corporation

Gilbert Cisneros, a member of the U.S. House of Representatives, recently disclosed a sale of shares in Paramount Skydance Corporation, traded on the NasdaqGS under the ticker PSKY. The transaction, which took place on May 15, 2026, was valued between $1,001 and $15,000, according to the disclosure filed on June 9, 2026.

Other Institutional Activity in Paramount Skydance

In recent institutional activity, State Street Corp significantly boosted its stake in Paramount Skydance by adding 10,013,293 shares, bringing its total to 34,240,923 shares worth about $310.03 million. Invesco Ltd. also increased its position by 8,178,653 shares, ending with 23,585,444 shares valued at approximately $212.74 million. Conversely, Lingotto Investment Management LLP reduced its holdings by 1,132,470 shares, now holding 46,061,363 shares valued at $417.13 million. UBS Group AG and BlackRock, Inc. also made notable increases in their holdings.

Paramount Skydance Corporation Stock Down 11.4%

Shares of Paramount Skydance, listed on the NasdaqGS under the symbol PSKY, recently traded around $10.47. The company has a market capitalization of approximately $11.72 billion and a forward P/E ratio of 12.05, indicating investor expectations of profitability growth. The stock's beta is 1.442, suggesting it is more volatile than the broader market. Over the past 52 weeks, the stock has fluctuated between $8.62 and $20.86, with a 50-day moving average of $10.69 and a 200-day moving average of $13.10.

Recent Earnings

Paramount Skydance reported revenue of $29.05 billion, reflecting a modest growth rate of 2.2%. Despite this, the company posted a net margin of -2.08% and a return on equity of -0.77%, indicating some financial challenges. The earnings per share stood at $0.03. The next earnings report is anticipated on May 4, 2026.

Dividend

The company offers an annual dividend rate of $0.20 per share, yielding approximately 1.91%. With a dividend payout ratio of 6.67%, the company maintains a conservative dividend policy.

Insider Buying and Selling at Paramount Skydance Corporation

Recent insider activity at Paramount Skydance includes several transactions. On June 4, 2026, Barbara Byrne bought 309 shares, while Katherine Gill Charest, EVP, Controller & CAO, had multiple transactions on June 2, 2026, including buying 7,969 shares and selling 4,069 shares at an average price of $10.78. Additionally, Andrew Mark Brandon-Gordon, Chief Strategy Officer and COO, sold 200,000 shares on May 7, 2026.

Analysts Set New Price Targets

On May 5, 2026, Wells Fargo maintained a 'sell' rating on the stock with a target price of $7.00. Guggenheim kept its 'hold' rating with a $12.00 target, while Morgan Stanley upgraded the stock to 'buy' with a target of $14.00. The consensus rating remains 'hold', with a mean target price of $12.64 based on 14 analyst opinions.

About Paramount Skydance Corporation

Paramount Skydance Corporation is a global media and entertainment company based in New York, NY. It operates through three segments: Studios, Direct-to-Consumer, and TV Media. Its portfolio includes CBS Television Network, CBS Stations, and international networks such as Network 10 and Channel 5. The company also offers streaming services like Paramount+ and Pluto TV, and engages in film production and distribution worldwide. Founded in 1914, it is led by CEO David Ellison and employs approximately 17,600 people.

Bottom Line

Gilbert Cisneros's sale of Paramount Skydance shares is part of routine disclosures by U.S. politicians. Paramount Skydance remains a significant player in the entertainment industry, with active institutional interest and mixed analyst ratings. As always, it's important to remember that these transactions are reported after the fact and may not reflect the current holdings of the individuals or funds involved.