WMG
Warner Music Group
NASDAQ: WMG · COMMUNICATION SERVICES · ENTERTAINMENT
$29.58
-2.41% today
Updated 2026-10-28
Market cap
$16.43B
P/E ratio
25.12
P/S ratio
2.25x
EPS (TTM)
$1.25
Dividend yield
2.48%
52W range
$23 – $35
Volume
2.0M
Warner Music Group (WMG) Insider transactions
Net insider activity
Net buying (3,781,627 shares)
Buy transactions
62
Sell transactions
38
All transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-09-01 | LYNTON, MICHAEL | Director | Buy | 122 | — | — |
| 2026-09-01 | KURZMAN, CECELIA | Director | Buy | 84 | — | — |
| 2026-09-01 | KREIZ, YNON | Director | Buy | 45 | — | — |
| 2026-09-01 | HERTZ, NOREENA | Director | Buy | 45 | — | — |
| 2026-09-01 | DUBUC, NANCY | Director | Buy | 45 | — | — |
| 2026-09-01 | DOPFNER, MATHIAS | Director | Buy | 45 | — | — |
| 2026-06-02 | LYNTON, MICHAEL | Director | Buy | 56 | — | — |
| 2026-06-02 | KURZMAN, CECELIA | Director | Buy | 38 | — | — |
| 2026-06-02 | KREIZ, YNON | Director | Buy | 38 | — | — |
| 2026-06-02 | HERTZ, NOREENA | Director | Buy | 38 | — | — |
| 2026-06-02 | DUBUC, NANCY | Director | Buy | 38 | — | — |
| 2026-06-02 | DOPFNER, MATHIAS | Director | Buy | 38 | — | — |
| 2026-05-21 | ZERZA, ARMIN | COO & CFO | Sale | 27,521 | — | — |
| 2026-05-12 | ZERZA, ARMIN | COO & CFO | Buy | 209,132 | — | — |
| 2026-05-12 | ZERZA, ARMIN | COO & CFO | Sale | 27,064 | $33.60 | $909350.40 |
| 2026-04-16 | BLAVATNIK, VALENTIN | Director | Buy | 280,000 | — | — |
| 2026-04-16 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Sale | 280,000 | — | — |
| 2026-03-04 | LYNTON, MICHAEL | Director | Buy | 9,014 | — | — |
| 2026-03-04 | KURZMAN, CECELIA | Director | Buy | 6,186 | — | — |
| 2026-03-04 | KREIZ, YNON | Director | Buy | 6,186 | — | — |
| 2026-03-04 | HERTZ, NOREENA | Director | Buy | 6,186 | — | — |
| 2026-03-04 | HERTZ, NOREENA | Director | Sale | 1,629 | $28.29 | $46084.41 |
| 2026-03-04 | DUBUC, NANCY | Director | Buy | 6,186 | — | — |
| 2026-03-04 | DOPFNER, MATHIAS | Director | Buy | 6,186 | — | — |
| 2026-03-04 | DOPFNER, MATHIAS | Director | Sale | 1,629 | $28.29 | $46084.41 |
| 2026-02-12 | KARP, HANNAH JASMINE | EVP, Chief Comm. Officer | Buy | 19,225 | — | — |
| 2026-01-05 | ROBINSON, PAUL M | EVP & General Counsel | Sale | 5,740 | $30.74 | $176447.60 |
| 2026-01-05 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Sale | 7,148 | $30.74 | $219729.52 |
| 2026-01-05 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Sale | 13,122 | $30.74 | $403370.28 |
| 2026-01-05 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Sale | 13,122 | $30.74 | $403370.28 |
| 2026-01-05 | KYNCL, ROBERT | CEO | Sale | 43,014 | $30.74 | $1.32M |
| 2026-01-05 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Sale | 10,388 | $30.74 | $319327.12 |
| 2026-01-04 | ROBINSON, PAUL M | EVP & General Counsel | Buy | 48,062 | — | — |
| 2026-01-04 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Buy | 59,276 | — | — |
| 2026-01-04 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Buy | 112,144 | — | — |
| 2026-01-04 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Buy | 112,144 | — | — |
| 2026-01-04 | KYNCL, ROBERT | CEO | Buy | 339,635 | — | — |
| 2026-01-04 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Buy | 116,949 | — | — |
| 2025-12-11 | ZERZA, ARMIN | Chief Financial Officer | Buy | 35,778 | $28.12 | $1.01M |
| 2025-12-02 | BLAVATNIK, VALENTIN | Director | Buy | 35,810 | $27.88 | $998382.80 |
| 2025-10-13 | KYNCL, ROBERT | Director, CEO | Buy | 202,659 | — | — |
| 2025-10-13 | KYNCL, ROBERT | Director, CEO | Sale | 112,071 | $32.15 | $3.60M |
| 2025-05-12 | ZERZA, ARMIN | Chief Financial Officer | Buy | 471,698 | — | — |
| 2025-05-12 | ZERZA, ARMIN | Chief Financial Officer | Buy | 218,341 | — | — |
| 2025-04-02 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Sale | 1,000 | $31.43 | $31430.00 |
| 2025-03-04 | LYNTON, MICHAEL | Director | Buy | 7,706 | — | — |
| 2025-03-04 | KURZMAN, CECELIA | Director | Buy | 5,289 | — | — |
| 2025-03-04 | KREIZ, YNON | Director | Buy | 5,289 | — | — |
| 2025-03-04 | HERTZ, NOREENA | Director | Buy | 5,289 | — | — |
| 2025-03-04 | HERTZ, NOREENA | Director | Sale | 1,474 | $33.09 | $48774.66 |
| 2025-03-04 | DUBUC, NANCY | Director | Buy | 5,289 | — | — |
| 2025-03-04 | DOPFNER, MATHIAS | Director | Buy | 5,289 | — | — |
| 2025-03-04 | DOPFNER, MATHIAS | Director | Sale | 1,474 | $33.09 | $48774.66 |
| 2025-02-20 | BLAVATNIK, VALENTIN | Director | Sale | 28,230 | $35.45 | $1.00M |
| 2025-02-14 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Sale | 1,103 | $36.49 | $40248.47 |
| 2025-02-12 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Sale | 6,553 | $33.90 | $222146.70 |
| 2025-01-06 | STEVEN, JAMES | EVP, Chief Comm. Officer | Sale | 5,651 | $31.02 | $175294.02 |
| 2025-01-06 | ROBINSON, PAUL M | EVP & General Counsel | Sale | 5,555 | $31.02 | $172316.10 |
| 2025-01-06 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Sale | 5,919 | $31.02 | $183607.38 |
| 2025-01-06 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Sale | 12,504 | $31.02 | $387874.08 |
| 2025-01-06 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Sale | 3,445 | $31.02 | $106863.90 |
| 2025-01-06 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Sale | 12,504 | $31.02 | $387874.08 |
| 2025-01-06 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Sale | 5,951 | $31.02 | $184600.02 |
| 2025-01-06 | CASTELLANI, BRYAN | Chief Financial Officer | Sale | 8,729 | $31.02 | $270773.58 |
| 2025-01-05 | STEVEN, JAMES | EVP, Chief Comm. Officer | Sale | 6,441 | $30.74 | $197996.34 |
| 2025-01-04 | STEVEN, JAMES | EVP, Chief Comm. Officer | Buy | 14,610 | — | — |
| 2025-01-04 | ROBINSON, PAUL M | EVP & General Counsel | Buy | 16,234 | — | — |
| 2025-01-04 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Buy | 13,961 | — | — |
| 2025-01-04 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Buy | 48,701 | — | — |
| 2025-01-04 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Buy | 35,714 | — | — |
| 2025-01-04 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Buy | 48,701 | — | — |
| 2025-01-04 | KYNCL, ROBERT | CEO | Buy | 344,156 | — | — |
| 2025-01-04 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Buy | 53,359 | — | — |
| 2025-01-04 | CASTELLANI, BRYAN | Chief Financial Officer | Buy | 76,857 | — | — |
| 2024-12-20 | BENET, LINCOLN E | Director | Sale | 35,000 | $30.96 | $1.08M |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Sale | 6,927,734 | — | — |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Buy | 6,898,638 | — | — |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Buy | 1,626,518 | — | — |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Buy | 487,929 | — | — |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Buy | 29,096 | — | — |
| 2024-09-11 | LOUSADA, MAX | CEO, Recorded Music | Sale | 250,769 | $28.09 | $7.04M |
| 2024-09-10 | LOUSADA, MAX | CEO, Recorded Music | Sale | 428,834 | $28.00 | $12.01M |
| 2024-09-06 | LOUSADA, MAX | CEO, Recorded Music | Sale | 7,359 | $28.24 | $207818.16 |
| 2024-09-05 | LOUSADA, MAX | CEO, Recorded Music | Sale | 135,324 | $28.17 | $3.81M |
| 2024-09-04 | LOUSADA, MAX | CEO, Recorded Music | Sale | 48,134 | $28.21 | $1.36M |
| 2024-09-03 | LOUSADA, MAX | CEO, Recorded Music | Sale | 64,047 | $28.25 | $1.81M |
| 2024-03-05 | LYNTON, MICHAEL | Director | Buy | 7,159 | $35.62 | $255003.58 |
| 2024-03-05 | KURZMAN, CECELIA | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | KREIZ, YNON | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | HERTZ, NOREENA | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | HERTZ, NOREENA | Director | Sale | 1,664 | $35.62 | $59271.68 |
| 2024-03-05 | DUBUC, NANCY | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | DOPFNER, MATHIAS | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | DOPFNER, MATHIAS | Director | Sale | 1,664 | $35.62 | $59271.68 |
| 2024-02-28 | WAGNER, DONALD | Director | Buy | 251,817 | — | — |
| 2024-02-15 | BENET, LINCOLN E | Director | Sale | 71,981 | $36.12 | $2.60M |
| 2024-01-04 | STEVEN, JAMES | EVP, Chief Comm. Officer | Buy | 13,988 | — | — |
| 2024-01-04 | ROBINSON, PAUL M | EVP & General Counsel | Buy | 15,542 | — | — |
| 2024-01-04 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Buy | 13,366 | — | — |
| 2024-01-04 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Buy | 46,627 | — | — |
Frequently asked questions
Are WMG insiders buying or selling?
Over the transactions on record, WMG insiders have been net buyers, with about $40.95M in stock sold across 38 sales, against 8 open-market purchases.
Does insider selling at WMG mean the stock will fall?
Not by itself. Most executive selling is pre-scheduled through 10b5-1 plans filed months in advance, and insiders sell for diversification, taxes, and liquidity far more often than out of any view on the price. Insider buying is the stronger signal, especially when several insiders buy around the same time, because there is usually only one reason to put personal cash into the stock.
Which WMG insiders are selling the most?
Recent selling is concentrated in a few names. LOUSADA, MAX accounts for the largest share on record, with about $26.24M sold. Selling by one or two individuals matters less than broad selling across the whole leadership team, which is the pattern worth watching.