Paramount Global (PARA) stock has gained 21.9% over the past year but continues to trail its major media and entertainment rivals, including Warner Brothers Discovery (WBD) and Netflix (NFLX). The company is facing several headwinds, including declining revenues and advertising dollars, diminishing profitability, and operational inefficiencies.
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In the meantime, its long-pending $8 billion merger with Skydance has received a 90-day extension and awaits the FCC’s (Federal Communications Commission) approval. The final date for the FCC’s review is July 7, 2025, and regulators are expected to issue their final verdict without further delay. At the same time, Paramount is facing an impending settlement with U.S. President Donald Trump over the ‘60 Minutes’ lawsuit. Last week, just as the company was nearing a deal to settle the case for a $35 million fine, Trump’s lawyers reversed course and reverted to their original demand of a $50 million settlement. Given these developments, it is a good time to look at who owns PARA.
Who Owns Paramount Global Class B?
According to TipRanks’ ownership page, other institutional investors own 27.53% of Paramount. They are followed by ETFs, public companies and individual investors, mutual funds, and insiders at 27.20%, 26.41%, 18.40%, and 0.46%, respectively.
Exploring Paramount’s Ownership Structure
Looking closely at top shareholders, Vanguard owns the highest stake in Paramount at 9.96%. Following that is Vanguard Index Funds, which owns about 8.81% of the company.
Among the top ETF holders, the Communication Services Select Sector SPDR Fund (XLC) owns a 4.50% stake in PARA stock, followed by the Vanguard Total Stock Market ETF (VTI), with a 2.75% stake.
Moving to mutual funds, Vanguard Index Funds holds about 8.81% of PARA. Meanwhile, Fidelity Concord Street Trust owns 1.56% of the company.
Is Paramount Stock Worth Buying?
Analysts prefer to remain on the sidelines on Paramount Global stock due to its ongoing challenges. On TipRanks, PARA stock has a Hold consensus rating based on two Buys, six Holds, and five Sell ratings. Also, the average Paramount Global Class B price target of $12.09 implies 1.9% downside potential from current levels.
